Minor International (Thailand) Probability of Future Stock Price Finishing Under 23.97
| MINT Stock | THB 27.25 0.25 0.91% |
Minor |
Minor International Target Price Odds to finish below 23.97
The tendency of Minor 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 drop to 23.97 or more in 90 days |
| 27.25 | 90 days | 23.97 | near 1 |
Based on a normal probability distribution, the odds of Minor International to drop to 23.97 or more in 90 days from now is near 1 (This Minor International Public probability density function shows the probability of Minor Stock to fall within a particular range of prices over 90 days) . Probability of Minor International price to stay between 23.97 and its current price of 27.25 at the end of the 90-day period is about 33.23 .
Assuming the 90 days trading horizon Minor International has a beta of 0.36. This indicates as returns on the market go up, Minor International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Minor International Public will be expected to be much smaller as well. Additionally Minor International 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. Minor International Price Density |
| Price |
Predictive Modules for Minor International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Minor International. 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.Minor International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Minor International is not an exception. The market had few large corrections towards the Minor International'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 Minor International Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Minor International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | -0.06 |
Minor International 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 Minor International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Minor International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Minor International generated a negative expected return over the last 90 days | |
| Minor International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Minor International Public has accumulated 114.48 B in total debt with debt to equity ratio (D/E) of 153.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Minor International has a current ratio of 0.86, 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 Minor International until it has trouble settling it off, either with new capital or with free cash flow. So, Minor International'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 Minor International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minor to invest in growth at high rates of return. When we think about Minor International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.48 B. Net Loss for the year was (13.17 B) with profit before overhead, payroll, taxes, and interest of 24.25 B. | |
| About 28.0% of Minor International outstanding shares are owned by corporate insiders |
Minor International 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 Minor Stock often depends not only on the future outlook of the current and potential Minor International'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. Minor International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 B |
Minor International Technical Analysis
Minor International's future price can be derived by breaking down and analyzing its technical indicators over time. Minor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Minor International Public. In general, you should focus on analyzing Minor Stock price patterns and their correlations with different microeconomic environments and drivers.
Minor International Predictive Forecast Models
Minor International's time-series forecasting models is one of many Minor International'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 Minor International'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 Minor International
Checking the ongoing alerts about Minor International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Minor International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Minor International generated a negative expected return over the last 90 days | |
| Minor International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Minor International Public has accumulated 114.48 B in total debt with debt to equity ratio (D/E) of 153.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Minor International has a current ratio of 0.86, 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 Minor International until it has trouble settling it off, either with new capital or with free cash flow. So, Minor International'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 Minor International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minor to invest in growth at high rates of return. When we think about Minor International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 69.48 B. Net Loss for the year was (13.17 B) with profit before overhead, payroll, taxes, and interest of 24.25 B. | |
| About 28.0% of Minor International outstanding shares are owned by corporate insiders |
Other Information on Investing in Minor Stock
Minor International financial ratios help investors to determine whether Minor 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 Minor with respect to the benefits of owning Minor International security.