Home Product (Thailand) Probability of Future Stock Price Finishing Under 10.8
| HMPRO Stock | THB 9.65 0.05 0.52% |
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Home Product Target Price Odds to finish below 10.8
The tendency of Home 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 under 10.80 after 90 days |
| 9.65 | 90 days | 10.80 | about 91.6 |
Based on a normal probability distribution, the odds of Home Product to stay under 10.80 after 90 days from now is about 91.6 (This Home Product Center probability density function shows the probability of Home Stock to fall within a particular range of prices over 90 days) . Probability of Home Product Center price to stay between its current price of 9.65 and 10.80 at the end of the 90-day period is about 71.27 .
Assuming the 90 days trading horizon Home Product has a beta of 0.92. This usually indicates Home Product Center market returns are sensitive to returns on the market. As the market goes up or down, Home Product is expected to follow. Additionally Home Product Center 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. Home Product Price Density |
| Price |
Predictive Modules for Home Product
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Home Product Center. 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.Home Product Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Home Product is not an exception. The market had few large corrections towards the Home Product'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 Home Product Center, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Home Product within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.02 |
Home Product 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 Home Product for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Home Product Center can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Home Product Center generated a negative expected return over the last 90 days | |
| Home Product Center has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Home Product Center has accumulated 8.94 B in total debt with debt to equity ratio (D/E) of 80.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Home Product Center has a current ratio of 0.84, 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 Home Product until it has trouble settling it off, either with new capital or with free cash flow. So, Home Product'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 Home Product Center sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Home to invest in growth at high rates of return. When we think about Home Product's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Home Product shares are held by company insiders |
Home Product 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 Home Stock often depends not only on the future outlook of the current and potential Home Product'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. Home Product's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.2 B |
Home Product Technical Analysis
Home Product's future price can be derived by breaking down and analyzing its technical indicators over time. Home Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Home Product Center. In general, you should focus on analyzing Home Stock price patterns and their correlations with different microeconomic environments and drivers.
Home Product Predictive Forecast Models
Home Product's time-series forecasting models is one of many Home Product'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 Home Product'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 Home Product Center
Checking the ongoing alerts about Home Product for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Home Product Center help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Home Product Center generated a negative expected return over the last 90 days | |
| Home Product Center has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Home Product Center has accumulated 8.94 B in total debt with debt to equity ratio (D/E) of 80.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Home Product Center has a current ratio of 0.84, 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 Home Product until it has trouble settling it off, either with new capital or with free cash flow. So, Home Product'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 Home Product Center sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Home to invest in growth at high rates of return. When we think about Home Product's use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Home Product shares are held by company insiders |
Other Information on Investing in Home Stock
Home Product financial ratios help investors to determine whether Home 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 Home with respect to the benefits of owning Home Product security.