Central Plaza (Thailand) Probability of Future Stock Price Finishing Over 37.44
| CENTEL-R | THB 37.50 0.01 0.03% |
Central |
Central Plaza Target Price Odds to finish over 37.44
The tendency of Central 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 37.44 in 90 days |
| 37.50 | 90 days | 37.44 | about 74.3 |
Based on a normal probability distribution, the odds of Central Plaza to stay above 37.44 in 90 days from now is about 74.3 (This Central Plaza Hotel probability density function shows the probability of Central Stock to fall within a particular range of prices over 90 days) . Probability of Central Plaza Hotel price to stay between 37.44 and its current price of 37.5 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Central Plaza Hotel has a beta of -0.83 suggesting as returns on the benchmark increase, returns on holding Central Plaza are expected to decrease at a much lower rate. During a bear market, however, Central Plaza Hotel is likely to outperform the market. Additionally Central Plaza Hotel has an alpha of 0.2841, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Central Plaza Price Density |
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Predictive Modules for Central Plaza
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Central Plaza Hotel. 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 Central Plaza'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.
Central Plaza Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Central Plaza is not an exception. The market had few large corrections towards the Central Plaza'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 Central Plaza Hotel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Central Plaza within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.83 | |
σ | Overall volatility | 8.32 | |
Ir | Information ratio | 0.02 |
Central Plaza 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 Central Plaza for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Central Plaza Hotel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Central Plaza Hotel is way too risky over 90 days horizon | |
| Central Plaza Hotel appears to be risky and price may revert if volatility continues | |
| Central Plaza Hotel has accumulated 8.7 B in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. Central Plaza Hotel has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Central Plaza until it has trouble settling it off, either with new capital or with free cash flow. So, Central Plaza's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Central Plaza Hotel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Central to invest in growth at high rates of return. When we think about Central Plaza's use of debt, we should always consider it together with cash and equity. |
Central Plaza Technical Analysis
Central Plaza's future price can be derived by breaking down and analyzing its technical indicators over time. Central Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Central Plaza Hotel. In general, you should focus on analyzing Central Stock price patterns and their correlations with different microeconomic environments and drivers.
Central Plaza Predictive Forecast Models
Central Plaza's time-series forecasting models is one of many Central Plaza'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 Central Plaza'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 Central Plaza Hotel
Checking the ongoing alerts about Central Plaza for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Central Plaza Hotel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Central Plaza Hotel is way too risky over 90 days horizon | |
| Central Plaza Hotel appears to be risky and price may revert if volatility continues | |
| Central Plaza Hotel has accumulated 8.7 B in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. Central Plaza Hotel has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Central Plaza until it has trouble settling it off, either with new capital or with free cash flow. So, Central Plaza's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Central Plaza Hotel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Central to invest in growth at high rates of return. When we think about Central Plaza's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Central Stock
Central Plaza financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Plaza security.