PTT Exploration (Thailand) Probability of Future Stock Price Finishing Under 21.29
| PTTEP-R Stock | THB 125.00 29.71 19.20% |
PTT |
PTT Exploration Target Price Odds to finish below 21.29
The tendency of PTT 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 21.29 or more in 90 days |
| 125.00 | 90 days | 21.29 | near 1 |
Based on a normal probability distribution, the odds of PTT Exploration to drop to 21.29 or more in 90 days from now is near 1 (This PTT Exploration and probability density function shows the probability of PTT Stock to fall within a particular range of prices over 90 days) . Probability of PTT Exploration price to stay between 21.29 and its current price of 125.0 at the end of the 90-day period is about 8.19 .
Assuming the 90 days trading horizon PTT Exploration has a beta of 0.2 indicating as returns on the market go up, PTT Exploration average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PTT Exploration and will be expected to be much smaller as well. Additionally PTT Exploration and 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. PTT Exploration Price Density |
| Price |
Predictive Modules for PTT Exploration
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PTT Exploration. 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.PTT Exploration Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PTT Exploration is not an exception. The market had few large corrections towards the PTT Exploration'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 PTT Exploration and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PTT Exploration within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 19.34 | |
Ir | Information ratio | -0.18 |
PTT Exploration 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 PTT Exploration for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PTT Exploration can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PTT Exploration is way too risky over 90 days horizon | |
| PTT Exploration appears to be risky and price may revert if volatility continues |
PTT Exploration 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 PTT Stock often depends not only on the future outlook of the current and potential PTT Exploration'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. PTT Exploration's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 B | |
| Dividends Paid | -28.7 B |
PTT Exploration Technical Analysis
PTT Exploration's future price can be derived by breaking down and analyzing its technical indicators over time. PTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT Exploration and. In general, you should focus on analyzing PTT Stock price patterns and their correlations with different microeconomic environments and drivers.
PTT Exploration Predictive Forecast Models
PTT Exploration's time-series forecasting models is one of many PTT Exploration'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 PTT Exploration'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 PTT Exploration
Checking the ongoing alerts about PTT Exploration for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PTT Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PTT Exploration is way too risky over 90 days horizon | |
| PTT Exploration appears to be risky and price may revert if volatility continues |
Additional Tools for PTT Stock Analysis
When running PTT Exploration's price analysis, check to measure PTT Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PTT Exploration is operating at the current time. Most of PTT Exploration's value examination focuses on studying past and present price action to predict the probability of PTT Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT Exploration's price. Additionally, you may evaluate how the addition of PTT Exploration to your portfolios can decrease your overall portfolio volatility.