ASN Broker (Thailand) Probability of Future Stock Price Finishing Over 2.08
| ASN Stock | THB 2.08 0.04 1.89% |
ASN |
ASN Broker Target Price Odds to finish over 2.08
The tendency of ASN 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 |
| 2.08 | 90 days | 2.08 | about 10.56 |
Based on a normal probability distribution, the odds of ASN Broker to move above the current price in 90 days from now is about 10.56 (This ASN Broker Public probability density function shows the probability of ASN Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ASN Broker has a beta of 0.66. This suggests as returns on the market go up, ASN Broker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASN Broker Public will be expected to be much smaller as well. Additionally ASN Broker Public has an alpha of 0.2463, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ASN Broker Price Density |
| Price |
Predictive Modules for ASN Broker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASN Broker Public. 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 ASN Broker'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.
ASN Broker Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ASN Broker is not an exception. The market had few large corrections towards the ASN Broker'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 ASN Broker Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASN Broker within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | 0.66 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.08 |
ASN Broker 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 ASN Broker for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASN Broker Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ASN Broker Public has accumulated about 43.61 M in cash with (92.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 88.0% of the company shares are held by company insiders |
ASN Broker 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 ASN Stock often depends not only on the future outlook of the current and potential ASN Broker'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. ASN Broker's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 187.2 M |
ASN Broker Technical Analysis
ASN Broker's future price can be derived by breaking down and analyzing its technical indicators over time. ASN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASN Broker Public. In general, you should focus on analyzing ASN Stock price patterns and their correlations with different microeconomic environments and drivers.
ASN Broker Predictive Forecast Models
ASN Broker's time-series forecasting models is one of many ASN Broker'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 ASN Broker'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 ASN Broker Public
Checking the ongoing alerts about ASN Broker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASN Broker Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ASN Broker Public has accumulated about 43.61 M in cash with (92.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 88.0% of the company shares are held by company insiders |
Check out ASN Broker Backtesting, ASN Broker Valuation, ASN Broker Correlation, ASN Broker Hype Analysis, ASN Broker Volatility, ASN Broker History as well as ASN Broker Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for ASN Stock analysis
When running ASN Broker's price analysis, check to measure ASN Broker'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 ASN Broker is operating at the current time. Most of ASN Broker's value examination focuses on studying past and present price action to predict the probability of ASN Broker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASN Broker's price. Additionally, you may evaluate how the addition of ASN Broker to your portfolios can decrease your overall portfolio volatility.
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