Central Plaza (Thailand) Probability of Future Stock Price Finishing Over 37.5
| CENTEL Stock | THB 31.75 0.75 2.42% |
Central |
Central Plaza Target Price Odds to finish over 37.5
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 move over 37.50 or more in 90 days |
| 31.75 | 90 days | 37.50 | near 1 |
Based on a normal probability distribution, the odds of Central Plaza to move over 37.50 or more in 90 days from now is near 1 (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 its current price of 31.75 and 37.50 at the end of the 90-day period is about 36.33 .
Assuming the 90 days trading horizon Central Plaza Hotel has a beta of -0.2 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Central Plaza Price Density |
| Price |
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 | -0.05 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 2.20 | |
Ir | Information ratio | 0.01 |
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 generated a negative expected return over the last 90 days | |
| Central Plaza Hotel has high historical volatility and very poor performance | |
| The company reported the revenue of 11.2 B. Net Loss for the year was (1.73 B) with profit before overhead, payroll, taxes, and interest of 3.81 B. | |
| About 17.0% of the company shares are held by company insiders |
Central Plaza 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 Central Stock often depends not only on the future outlook of the current and potential Central Plaza'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. Central Plaza's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
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 generated a negative expected return over the last 90 days | |
| Central Plaza Hotel has high historical volatility and very poor performance | |
| The company reported the revenue of 11.2 B. Net Loss for the year was (1.73 B) with profit before overhead, payroll, taxes, and interest of 3.81 B. | |
| About 17.0% of the company shares are held by company insiders |
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.