ABF Thailand (Thailand) Probability of Future Etf Price Finishing Over 1316.7
ABFTH Etf | 1,330 0.00 0.00% |
ABF |
ABF Thailand Target Price Odds to finish over 1316.7
The tendency of ABF Etf 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 1,317 in 90 days |
1,330 | 90 days | 1,317 | about 77.51 |
Based on a normal probability distribution, the odds of ABF Thailand to stay above 1,317 in 90 days from now is about 77.51 (This The ABF Thailand probability density function shows the probability of ABF Etf to fall within a particular range of prices over 90 days) . Probability of ABF Thailand price to stay between 1,317 and its current price of 1330.0 at the end of the 90-day period is about 31.91 .
Assuming the 90 days trading horizon The ABF Thailand has a beta of -0.0166. This suggests as returns on the benchmark increase, returns on holding ABF Thailand are expected to decrease at a much lower rate. During a bear market, however, The ABF Thailand is likely to outperform the market. Additionally The ABF Thailand has an alpha of 0.0929, implying that it can generate a 0.0929 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ABF Thailand Price Density |
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Predictive Modules for ABF Thailand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ABF Thailand. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as ABF Thailand. Your research has to be compared to or analyzed against ABF Thailand's peers to derive any actionable benefits. When done correctly, ABF Thailand'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 ABF Thailand.ABF Thailand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ABF Thailand is not an exception. The market had few large corrections towards the ABF Thailand'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 The ABF Thailand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ABF Thailand within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 15.35 | |
Ir | Information ratio | 0.22 |
ABF Thailand 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 ABF Thailand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ABF Thailand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.ABF Thailand generated a negative expected return over the last 90 days |
ABF Thailand Technical Analysis
ABF Thailand's future price can be derived by breaking down and analyzing its technical indicators over time. ABF Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The ABF Thailand. In general, you should focus on analyzing ABF Etf price patterns and their correlations with different microeconomic environments and drivers.
ABF Thailand Predictive Forecast Models
ABF Thailand's time-series forecasting models is one of many ABF Thailand's etf 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 ABF Thailand'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 etf market movement and maximize returns from investment trading.
Things to note about ABF Thailand
Checking the ongoing alerts about ABF Thailand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ABF Thailand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ABF Thailand generated a negative expected return over the last 90 days |