Principal Capital (Thailand) Probability of Future Stock Price Finishing Over 3.0
| PRINC Stock | THB 3.02 0.02 0.67% |
Principal |
Principal Capital Target Price Odds to finish over 3.0
The tendency of Principal 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 above 3.00 in 90 days |
| 3.02 | 90 days | 3.00 | about 65.54 |
Based on a normal probability distribution, the odds of Principal Capital to stay above 3.00 in 90 days from now is about 65.54 (This Principal Capital Public probability density function shows the probability of Principal Stock to fall within a particular range of prices over 90 days) . Probability of Principal Capital Public price to stay between 3.00 and its current price of 3.02 at the end of the 90-day period is about 1.65 .
Assuming the 90 days trading horizon Principal Capital has a beta of 0.0665 indicating as returns on the market go up, Principal Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Principal Capital Public will be expected to be much smaller as well. Additionally Principal Capital 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. Principal Capital Price Density |
| Price |
Predictive Modules for Principal Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Principal Capital 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Principal Capital'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.
Principal Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Principal Capital is not an exception. The market had few large corrections towards the Principal Capital'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 Principal Capital Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Principal Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.2 |
Principal Capital 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 Principal Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Principal Capital 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.| Principal Capital generated a negative expected return over the last 90 days | |
| Principal Capital Public has accumulated 3.49 B in total debt with debt to equity ratio (D/E) of 52.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Principal Capital Public has a current ratio of 0.28, 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 Principal Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Principal Capital'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 Principal Capital Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Principal to invest in growth at high rates of return. When we think about Principal Capital's use of debt, we should always consider it together with cash and equity. | |
| About 87.0% of Principal Capital outstanding shares are owned by corporate insiders |
Principal Capital 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 Principal Stock often depends not only on the future outlook of the current and potential Principal Capital'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. Principal Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.8 B |
Principal Capital Technical Analysis
Principal Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Principal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Principal Capital Public. In general, you should focus on analyzing Principal Stock price patterns and their correlations with different microeconomic environments and drivers.
Principal Capital Predictive Forecast Models
Principal Capital's time-series forecasting models is one of many Principal Capital'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 Principal Capital'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 Principal Capital Public
Checking the ongoing alerts about Principal Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Principal Capital Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Principal Capital generated a negative expected return over the last 90 days | |
| Principal Capital Public has accumulated 3.49 B in total debt with debt to equity ratio (D/E) of 52.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Principal Capital Public has a current ratio of 0.28, 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 Principal Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Principal Capital'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 Principal Capital Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Principal to invest in growth at high rates of return. When we think about Principal Capital's use of debt, we should always consider it together with cash and equity. | |
| About 87.0% of Principal Capital outstanding shares are owned by corporate insiders |
Other Information on Investing in Principal Stock
Principal Capital financial ratios help investors to determine whether Principal 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 Principal with respect to the benefits of owning Principal Capital security.