Sermsang Power (Thailand) Probability of Future Stock Price Finishing Over 6.70
| SSP Stock | THB 6.70 0.05 0.74% |
Sermsang |
Sermsang Power Target Price Odds to finish over 6.70
The tendency of Sermsang 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 |
| 6.70 | 90 days | 6.70 | roughly 97.0 |
Based on a normal probability distribution, the odds of Sermsang Power to move above the current price in 90 days from now is roughly 97.0 (This Sermsang Power probability density function shows the probability of Sermsang Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sermsang Power has a beta of 0.0711. This usually implies as returns on the market go up, Sermsang Power average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sermsang Power will be expected to be much smaller as well. Additionally Sermsang Power has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Sermsang Power Price Density |
| Price |
Predictive Modules for Sermsang Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sermsang Power. 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 Sermsang Power'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.
Sermsang Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sermsang Power is not an exception. The market had few large corrections towards the Sermsang Power'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 Sermsang Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sermsang Power within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 0.07 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.14 |
Sermsang Power 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 Sermsang Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sermsang Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sermsang Power generated a negative expected return over the last 90 days | |
| Sermsang Power has accumulated 10.86 B in total debt with debt to equity ratio (D/E) of 2.14, implying the company greatly relies on financing operations through barrowing. Sermsang Power has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sermsang Power until it has trouble settling it off, either with new capital or with free cash flow. So, Sermsang Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sermsang Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sermsang to invest in growth at high rates of return. When we think about Sermsang Power's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Sermsang Power outstanding shares are owned by corporate insiders |
Sermsang Power 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 Sermsang Stock often depends not only on the future outlook of the current and potential Sermsang Power'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. Sermsang Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Sermsang Power Technical Analysis
Sermsang Power's future price can be derived by breaking down and analyzing its technical indicators over time. Sermsang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sermsang Power. In general, you should focus on analyzing Sermsang Stock price patterns and their correlations with different microeconomic environments and drivers.
Sermsang Power Predictive Forecast Models
Sermsang Power's time-series forecasting models is one of many Sermsang Power'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 Sermsang Power'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 Sermsang Power
Checking the ongoing alerts about Sermsang Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sermsang Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sermsang Power generated a negative expected return over the last 90 days | |
| Sermsang Power has accumulated 10.86 B in total debt with debt to equity ratio (D/E) of 2.14, implying the company greatly relies on financing operations through barrowing. Sermsang Power has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sermsang Power until it has trouble settling it off, either with new capital or with free cash flow. So, Sermsang Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sermsang Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sermsang to invest in growth at high rates of return. When we think about Sermsang Power's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Sermsang Power outstanding shares are owned by corporate insiders |
Other Information on Investing in Sermsang Stock
Sermsang Power financial ratios help investors to determine whether Sermsang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sermsang with respect to the benefits of owning Sermsang Power security.