Mono Next (Thailand) Probability of Future Stock Price Finishing Under 2.4
| MONO Stock | THB 2.40 0.52 17.81% |
Mono |
Mono Next Target Price Odds to finish below 2.4
The tendency of Mono 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 below current price in 90 days |
| 2.40 | 90 days | 2.40 | close to 99 |
Based on a normal probability distribution, the odds of Mono Next to move below current price in 90 days from now is close to 99 (This Mono Next Public probability density function shows the probability of Mono Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.03 . This indicates Mono Next Public market returns are very sensitive to returns on the market. As the market goes up or down, Mono Next is expected to follow. Additionally Mono Next Public has an alpha of 0.5454, implying that it can generate a 0.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mono Next Price Density |
| Price |
Predictive Modules for Mono Next
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mono Next 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.Mono Next Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mono Next is not an exception. The market had few large corrections towards the Mono Next'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 Mono Next Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mono Next within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0.11 |
Mono Next 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 Mono Next for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mono Next 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.| Mono Next Public appears to be risky and price may revert if volatility continues | |
| The company has 1.37 Billion in debt which may indicate that it relies heavily on debt financing | |
| Mono Next Public has accumulated 1.37 B in total debt with debt to equity ratio (D/E) of 67.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mono Next Public has a current ratio of 0.53, 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 Mono Next until it has trouble settling it off, either with new capital or with free cash flow. So, Mono Next'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 Mono Next Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mono to invest in growth at high rates of return. When we think about Mono Next's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of Mono Next outstanding shares are owned by corporate insiders |
Mono Next 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 Mono Stock often depends not only on the future outlook of the current and potential Mono Next'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. Mono Next's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.8 B |
Mono Next Technical Analysis
Mono Next's future price can be derived by breaking down and analyzing its technical indicators over time. Mono Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mono Next Public. In general, you should focus on analyzing Mono Stock price patterns and their correlations with different microeconomic environments and drivers.
Mono Next Predictive Forecast Models
Mono Next's time-series forecasting models is one of many Mono Next'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 Mono Next'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 Mono Next Public
Checking the ongoing alerts about Mono Next for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mono Next Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mono Next Public appears to be risky and price may revert if volatility continues | |
| The company has 1.37 Billion in debt which may indicate that it relies heavily on debt financing | |
| Mono Next Public has accumulated 1.37 B in total debt with debt to equity ratio (D/E) of 67.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mono Next Public has a current ratio of 0.53, 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 Mono Next until it has trouble settling it off, either with new capital or with free cash flow. So, Mono Next'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 Mono Next Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mono to invest in growth at high rates of return. When we think about Mono Next's use of debt, we should always consider it together with cash and equity. | |
| About 65.0% of Mono Next outstanding shares are owned by corporate insiders |
Other Information on Investing in Mono Stock
Mono Next financial ratios help investors to determine whether Mono 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 Mono with respect to the benefits of owning Mono Next security.