PTT Synergy (Malaysia) Probability of Future Stock Price Finishing Over 0.99
| 7010 Stock | 1.06 0.01 0.93% |
PTT |
PTT Synergy Target Price Odds to finish over 0.99
The tendency of PTT 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 stay above 0.99 in 90 days |
| 1.06 | 90 days | 0.99 | about 91.9 |
Based on a normal probability distribution, the odds of PTT Synergy to stay above 0.99 in 90 days from now is about 91.9 (This PTT Synergy Group probability density function shows the probability of PTT Stock to fall within a particular range of prices over 90 days) . Probability of PTT Synergy Group price to stay between 0.99 and its current price of 1.06 at the end of the 90-day period is about 51.11 .
Assuming the 90 days trading horizon PTT Synergy has a beta of 0.24. This suggests as returns on the market go up, PTT Synergy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PTT Synergy Group will be expected to be much smaller as well. Additionally PTT Synergy Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. PTT Synergy Price Density |
| Price |
Predictive Modules for PTT Synergy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT Synergy Group. 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.PTT Synergy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTT Synergy is not an exception. The market had few large corrections towards the PTT Synergy'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 PTT Synergy Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTT Synergy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.05 |
PTT Synergy 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 PTT Synergy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTT Synergy Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PTT Synergy Group generated a negative expected return over the last 90 days | |
| PTT Synergy Group has some characteristics of a very speculative penny stock |
PTT Synergy Technical Analysis
PTT Synergy's future price can be derived by breaking down and analyzing its technical indicators over time. PTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT Synergy Group. In general, you should focus on analyzing PTT Stock price patterns and their correlations with different microeconomic environments and drivers.
PTT Synergy Predictive Forecast Models
PTT Synergy's time-series forecasting models is one of many PTT Synergy'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 PTT Synergy'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 PTT Synergy Group
Checking the ongoing alerts about PTT Synergy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTT Synergy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PTT Synergy Group generated a negative expected return over the last 90 days | |
| PTT Synergy Group has some characteristics of a very speculative penny stock |