TMBThanachart Bank (Thailand) Probability of Future Stock Price Finishing Over 1.66
| TTB Stock | 1.66 0.02 1.19% |
TMBThanachart |
TMBThanachart Bank Target Price Odds to finish over 1.66
The tendency of TMBThanachart 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 |
| 1.66 | 90 days | 1.66 | about 98.0 |
Based on a normal probability distribution, the odds of TMBThanachart Bank to move above the current price in 90 days from now is about 98.0 (This TMBThanachart Bank Public probability density function shows the probability of TMBThanachart Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon TMBThanachart Bank has a beta of 0.0559. This usually implies as returns on the market go up, TMBThanachart Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TMBThanachart Bank Public will be expected to be much smaller as well. Additionally TMBThanachart Bank Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. TMBThanachart Bank Price Density |
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Predictive Modules for TMBThanachart Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TMBThanachart Bank 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 TMBThanachart Bank'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.
TMBThanachart Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TMBThanachart Bank is not an exception. The market had few large corrections towards the TMBThanachart Bank'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 TMBThanachart Bank Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TMBThanachart Bank within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 0.06 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.1 |
TMBThanachart Bank 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 TMBThanachart Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TMBThanachart Bank 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.| TMBThanachart Bank generated a negative expected return over the last 90 days | |
| TMBThanachart Bank may become a speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
TMBThanachart Bank 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 TMBThanachart Stock often depends not only on the future outlook of the current and potential TMBThanachart Bank'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. TMBThanachart Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 96.6 B |
TMBThanachart Bank Technical Analysis
TMBThanachart Bank's future price can be derived by breaking down and analyzing its technical indicators over time. TMBThanachart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TMBThanachart Bank Public. In general, you should focus on analyzing TMBThanachart Stock price patterns and their correlations with different microeconomic environments and drivers.
TMBThanachart Bank Predictive Forecast Models
TMBThanachart Bank's time-series forecasting models is one of many TMBThanachart Bank'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 TMBThanachart Bank'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 TMBThanachart Bank Public
Checking the ongoing alerts about TMBThanachart Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TMBThanachart Bank Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TMBThanachart Bank generated a negative expected return over the last 90 days | |
| TMBThanachart Bank may become a speculative penny stock | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in TMBThanachart Stock
TMBThanachart Bank financial ratios help investors to determine whether TMBThanachart 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 TMBThanachart with respect to the benefits of owning TMBThanachart Bank security.