AddTech Hub (Thailand) Probability of Future Stock Price Finishing Over 6.35
| ADD Stock | 4.66 0.04 0.87% |
AddTech |
AddTech Hub Target Price Odds to finish over 6.35
The tendency of AddTech 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 over 6.35 or more in 90 days |
| 4.66 | 90 days | 6.35 | close to zero percent |
Based on a normal probability distribution, the odds of AddTech Hub to move over 6.35 or more in 90 days from now is close to zero percent (This AddTech Hub Public probability density function shows the probability of AddTech Stock to fall within a particular range of prices over 90 days) . Probability of AddTech Hub Public price to stay between its current price of 4.66 and 6.35 at the end of the 90-day period is about 69.15 .
Assuming the 90 days trading horizon AddTech Hub has a beta of 0.0477. This suggests as returns on the market go up, AddTech Hub average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AddTech Hub Public will be expected to be much smaller as well. Additionally AddTech Hub Public 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. AddTech Hub Price Density |
| Price |
Predictive Modules for AddTech Hub
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AddTech Hub 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.AddTech Hub Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AddTech Hub is not an exception. The market had few large corrections towards the AddTech Hub'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 AddTech Hub Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AddTech Hub within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.06 |
AddTech Hub 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 AddTech Hub for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AddTech Hub 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.| AddTech Hub Public generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are held by company insiders |
AddTech Hub 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 AddTech Stock often depends not only on the future outlook of the current and potential AddTech Hub'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. AddTech Hub's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 160 M |
AddTech Hub Technical Analysis
AddTech Hub's future price can be derived by breaking down and analyzing its technical indicators over time. AddTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AddTech Hub Public. In general, you should focus on analyzing AddTech Stock price patterns and their correlations with different microeconomic environments and drivers.
AddTech Hub Predictive Forecast Models
AddTech Hub's time-series forecasting models is one of many AddTech Hub'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 AddTech Hub'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 AddTech Hub Public
Checking the ongoing alerts about AddTech Hub for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AddTech Hub Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AddTech Hub Public generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are held by company insiders |
Other Information on Investing in AddTech Stock
AddTech Hub financial ratios help investors to determine whether AddTech 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 AddTech with respect to the benefits of owning AddTech Hub security.