Pruksa Holding (Thailand) Probability of Future Stock Price Finishing Under 7.22
| PSH Stock | THB 8.10 0.20 2.53% |
Pruksa |
Pruksa Holding Target Price Odds to finish below 7.22
The tendency of Pruksa 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 7.22 or more in 90 days |
| 8.10 | 90 days | 7.22 | near 1 |
Based on a normal probability distribution, the odds of Pruksa Holding to drop to 7.22 or more in 90 days from now is near 1 (This Pruksa Holding Public probability density function shows the probability of Pruksa Stock to fall within a particular range of prices over 90 days) . Probability of Pruksa Holding Public price to stay between 7.22 and its current price of 8.1 at the end of the 90-day period is about 6.66 .
Assuming the 90 days trading horizon Pruksa Holding has a beta of 0.21 indicating as returns on the market go up, Pruksa Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pruksa Holding Public will be expected to be much smaller as well. Additionally Pruksa Holding 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. Pruksa Holding Price Density |
| Price |
Predictive Modules for Pruksa Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pruksa Holding 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.Pruksa Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pruksa Holding is not an exception. The market had few large corrections towards the Pruksa Holding'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 Pruksa Holding Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pruksa Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.16 |
Pruksa Holding 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 Pruksa Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pruksa Holding 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.| Pruksa Holding generated a negative expected return over the last 90 days | |
| The company has 9.21 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Pruksa Holding 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 Pruksa Stock often depends not only on the future outlook of the current and potential Pruksa Holding'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. Pruksa Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B |
Pruksa Holding Technical Analysis
Pruksa Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Pruksa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pruksa Holding Public. In general, you should focus on analyzing Pruksa Stock price patterns and their correlations with different microeconomic environments and drivers.
Pruksa Holding Predictive Forecast Models
Pruksa Holding's time-series forecasting models is one of many Pruksa Holding'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 Pruksa Holding'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 Pruksa Holding Public
Checking the ongoing alerts about Pruksa Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pruksa Holding Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pruksa Holding generated a negative expected return over the last 90 days | |
| The company has 9.21 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Pruksa Stock
Pruksa Holding financial ratios help investors to determine whether Pruksa 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 Pruksa with respect to the benefits of owning Pruksa Holding security.