PTT Global (Germany) Probability of Future Stock Price Finishing Over 0.79
| GCB Stock | 0.79 0.02 2.60% |
PTT |
PTT Global Target Price Odds to finish over 0.79
The tendency of PTT Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.79 | 90 days | 0.79 | roughly 2.44 |
Based on a normal probability distribution, the odds of PTT Global to move above the current price in 90 days from now is roughly 2.44 (This PTT Global Chemical probability density function shows the probability of PTT Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.18 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, PTT Global will likely underperform. Additionally PTT Global Chemical has an alpha of 0.0582, implying that it can generate a 0.0582 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PTT Global Price Density |
| Price |
Predictive Modules for PTT Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT Global Chemical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PTT Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PTT Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTT Global is not an exception. The market had few large corrections towards the PTT Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold PTT Global Chemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTT Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 1.18 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.02 |
PTT Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of PTT Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTT Global Chemical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PTT Global Chemical has some characteristics of a very speculative penny stock | |
| PTT Global Chemical had very high historical volatility over the last 90 days | |
| PTT Global Chemical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 683.95 B. Net Loss for the year was (8.75 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| PTT Global generates negative cash flow from operations |
PTT Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of PTT Stock often depends not only on the future outlook of the current and potential PTT Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. PTT Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 B | |
| Dividends Paid | 11.7 B | |
| Short Long Term Debt | 13.7 B |
PTT Global Technical Analysis
PTT Global's future price can be derived by breaking down and analyzing its technical indicators over time. PTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT Global Chemical. In general, you should focus on analyzing PTT Stock price patterns and their correlations with different microeconomic environments and drivers.
PTT Global Predictive Forecast Models
PTT Global's time-series forecasting models is one of many PTT Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary PTT Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about PTT Global Chemical
Checking the ongoing alerts about PTT Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTT Global Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PTT Global Chemical has some characteristics of a very speculative penny stock | |
| PTT Global Chemical had very high historical volatility over the last 90 days | |
| PTT Global Chemical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 683.95 B. Net Loss for the year was (8.75 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| PTT Global generates negative cash flow from operations |
Additional Tools for PTT Stock Analysis
When running PTT Global's price analysis, check to measure PTT Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PTT Global is operating at the current time. Most of PTT Global's value examination focuses on studying past and present price action to predict the probability of PTT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT Global's price. Additionally, you may evaluate how the addition of PTT Global to your portfolios can decrease your overall portfolio volatility.