Union Plastic (Thailand) Price Prediction

UP Stock  THB 18.00  0.40  2.27%   
As of now The value of RSI of Union Plastic's share price is above 80 . This usually implies that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

83

 
Oversold
 
Overbought
The successful prediction of Union Plastic's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Union Plastic Public, which may create opportunities for some arbitrage if properly timed.
Using Union Plastic hype-based prediction, you can estimate the value of Union Plastic Public from the perspective of Union Plastic response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Union Plastic to buy its stock at a price that has no basis in reality. In that case, they are not buying Union because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Union Plastic after-hype prediction price

    
  THB 18.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Union Plastic Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Union Plastic'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.
Intrinsic
Valuation
LowRealHigh
16.2020.5422.07
Details
Naive
Forecast
LowNextHigh
16.0617.5919.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0018.0018.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Union Plastic. Your research has to be compared to or analyzed against Union Plastic's peers to derive any actionable benefits. When done correctly, Union Plastic's 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 Union Plastic Public.

Union Plastic After-Hype Price Prediction Density Analysis

As far as predicting the price of Union Plastic at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Union Plastic or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Union Plastic, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Union Plastic Estimiated After-Hype Price Volatility

In the context of predicting Union Plastic's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Union Plastic's historical news coverage. Union Plastic's after-hype downside and upside margins for the prediction period are 16.47 and 19.53, respectively. We have considered Union Plastic's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
18.00
18.00
After-hype Price
19.53
Upside
Union Plastic is very steady at this time. Analysis and calculation of next after-hype price of Union Plastic Public is based on 3 months time horizon.

Union Plastic Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Union Plastic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Union Plastic backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Union Plastic, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
1.53
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.00
18.00
0.00 
0.00  
Notes

Union Plastic Hype Timeline

Union Plastic Public is at this time traded for 18.00on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Union is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.24%. %. The volatility of related hype on Union Plastic is about 0.0%, with the expected price after the next announcement by competition of 18.00. About 73.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.01. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Union Plastic Public last dividend was issued on the 2nd of April 2018. The entity had 54:47 split on the 20th of June 1995. Assuming the 90 days horizon the next forecasted press release will be any time.
Check out Union Plastic Basic Forecasting Models to cross-verify your projections.

Union Plastic Related Hype Analysis

Having access to credible news sources related to Union Plastic's direct competition is more important than ever and may enhance your ability to predict Union Plastic's future price movements. Getting to know how Union Plastic's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Union Plastic may potentially react to the hype associated with one of its peers.

Union Plastic Additional Predictive Modules

Most predictive techniques to examine Union price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Union using various technical indicators. When you analyze Union charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Union Plastic Predictive Indicators

The successful prediction of Union Plastic stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Union Plastic Public, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Union Plastic based on analysis of Union Plastic hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Union Plastic's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Union Plastic's related companies.

Story Coverage note for Union Plastic

The number of cover stories for Union Plastic depends on current market conditions and Union Plastic's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Union Plastic is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Union Plastic's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Union Plastic Short Properties

Union Plastic's future price predictability will typically decrease when Union Plastic's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Union Plastic Public often depends not only on the future outlook of the potential Union Plastic'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. Union Plastic's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding25 M

Other Information on Investing in Union Stock

Union Plastic financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Plastic security.