Thai Pink Sheet Probability of Future Pink Sheet Price Finishing Over 0.00772

TAWNF Stock  USD 0.007  0.0005  7.69%   
Thai Airways' future price is the expected price of Thai Airways instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Thai Airways International performance during a given time horizon utilizing its historical volatility.
  
Check out Thai Airways Backtesting, Thai Airways Valuation, Thai Airways Correlation, Thai Airways Hype Analysis, Thai Airways Volatility, Thai Airways History as well as Thai Airways Performance. Please specify Thai Airways time horizon, a valid symbol (red box) and a target price (blue box) you would like Thai Airways odds to be computed.

Thai Airways Target Price Odds to finish over 0.00772

The tendency of Thai Pink Sheet 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 PriceHorizonTarget PriceOdds to move over $ 0.00772  or more in 90 days
 0.007 90 days 0.00772 
near 1
Based on a normal probability distribution, the odds of Thai Airways to move over $ 0.00772  or more in 90 days from now is near 1 (This Thai Airways International probability density function shows the probability of Thai Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Thai Airways Interna price to stay between its current price of $ 0.007  and $ 0.00772  at the end of the 90-day period is under 4.
Assuming the 90 days horizon Thai Airways International has a beta of -11.61. This usually implies as returns on its benchmark rise, returns on holding Thai Airways International are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Thai Airways is expected to outperform its benchmark. In addition to that The company has an alpha of 4.4969, implying that it can generate a 4.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Thai Airways Price Density   
       Price  

Predictive Modules for Thai Airways

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Airways Interna. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Thai Airways' 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. Please use the tools below to analyze the current value of Thai Airways in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.000.008548.13
Details
Intrinsic
Valuation
LowRealHigh
0.000.0050448.13
Details
Naive
Forecast
LowNextHigh
0.0001430.00713548.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0056070.006550.007493
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thai Airways. Your research has to be compared to or analyzed against Thai Airways' peers to derive any actionable benefits. When done correctly, Thai Airways' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thai Airways Interna.

Thai Airways Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Airways is not an exception. The market had few large corrections towards the Thai Airways' 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 Thai Airways International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Airways within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
4.50
β
Beta against NYSE Composite-11.61
σ
Overall volatility
0.000944
Ir
Information ratio 0.1

Thai Airways 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 Thai Airways for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Airways Interna can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Thai Airways Interna is way too risky over 90 days horizon
Thai Airways Interna has some characteristics of a very speculative penny stock
Thai Airways Interna appears to be risky and price may revert if volatility continues
Thai Airways Interna has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 64.67 B in total debt. Thai Airways Interna has a current ratio of 0.63, 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 Thai Airways until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Airways' 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 Thai Airways Interna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Airways' use of debt, we should always consider it together with cash and equity.
Thai Airways International has accumulated about 13.48 B in cash with (9.85 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Thai Airways 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 Thai Pink Sheet often depends not only on the future outlook of the current and potential Thai Airways' 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. Thai Airways' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.2 B

Thai Airways Technical Analysis

Thai Airways' future price can be derived by breaking down and analyzing its technical indicators over time. Thai Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Airways International. In general, you should focus on analyzing Thai Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Thai Airways Predictive Forecast Models

Thai Airways' time-series forecasting models is one of many Thai Airways' pink sheet 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 Thai Airways' 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 pink sheet market movement and maximize returns from investment trading.

Things to note about Thai Airways Interna

Checking the ongoing alerts about Thai Airways for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Airways Interna help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Thai Airways Interna is way too risky over 90 days horizon
Thai Airways Interna has some characteristics of a very speculative penny stock
Thai Airways Interna appears to be risky and price may revert if volatility continues
Thai Airways Interna has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 64.67 B in total debt. Thai Airways Interna has a current ratio of 0.63, 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 Thai Airways until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Airways' 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 Thai Airways Interna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Airways' use of debt, we should always consider it together with cash and equity.
Thai Airways International has accumulated about 13.48 B in cash with (9.85 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check out Thai Airways Backtesting, Thai Airways Valuation, Thai Airways Correlation, Thai Airways Hype Analysis, Thai Airways Volatility, Thai Airways History as well as Thai Airways Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Thai Airways' price analysis, check to measure Thai Airways' 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 Thai Airways is operating at the current time. Most of Thai Airways' value examination focuses on studying past and present price action to predict the probability of Thai Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Airways' price. Additionally, you may evaluate how the addition of Thai Airways to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Thai Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thai Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thai Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.