Peace Living (Thailand) Probability of Future Stock Price Finishing Over 3.44
| PEACE Stock | 2.42 0.02 0.83% |
Peace |
Peace Living Target Price Odds to finish over 3.44
The tendency of Peace 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 3.44 or more in 90 days |
| 2.42 | 90 days | 3.44 | close to zero percent |
Based on a normal probability distribution, the odds of Peace Living to move over 3.44 or more in 90 days from now is close to zero percent (This Peace Living PCL probability density function shows the probability of Peace Stock to fall within a particular range of prices over 90 days) . Probability of Peace Living PCL price to stay between its current price of 2.42 and 3.44 at the end of the 90-day period is about 84.62 .
Assuming the 90 days trading horizon Peace Living PCL has a beta of -0.46 indicating as returns on the benchmark increase, returns on holding Peace Living are expected to decrease at a much lower rate. During a bear market, however, Peace Living PCL is likely to outperform the market. Additionally Peace Living PCL 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. Peace Living Price Density |
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Predictive Modules for Peace Living
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peace Living PCL. 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 Peace Living'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.
Peace Living Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Peace Living is not an exception. The market had few large corrections towards the Peace Living'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 Peace Living PCL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Peace Living within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.07 |
Peace Living 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 Peace Living for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Peace Living PCL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Peace Living PCL generated a negative expected return over the last 90 days |
Peace Living Technical Analysis
Peace Living's future price can be derived by breaking down and analyzing its technical indicators over time. Peace Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Peace Living PCL. In general, you should focus on analyzing Peace Stock price patterns and their correlations with different microeconomic environments and drivers.
Peace Living Predictive Forecast Models
Peace Living's time-series forecasting models is one of many Peace Living'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 Peace Living'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 Peace Living PCL
Checking the ongoing alerts about Peace Living for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Peace Living PCL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Peace Living PCL generated a negative expected return over the last 90 days |