Samart Telcoms (Thailand) Probability of Future Stock Price Finishing Over 6.55
| SAMTEL Stock | THB 6.55 0.05 0.76% |
Samart |
Samart Telcoms Target Price Odds to finish over 6.55
The tendency of Samart 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 above the current price in 90 days |
| 6.55 | 90 days | 6.55 | about 19.75 |
Based on a normal probability distribution, the odds of Samart Telcoms to move above the current price in 90 days from now is about 19.75 (This Samart Telcoms Public probability density function shows the probability of Samart Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Samart Telcoms Public has a beta of -0.76. This usually implies as returns on the benchmark increase, returns on holding Samart Telcoms are expected to decrease at a much lower rate. During a bear market, however, Samart Telcoms Public is likely to outperform the market. Additionally Samart Telcoms Public has an alpha of 0.676, implying that it can generate a 0.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Samart Telcoms Price Density |
| Price |
Predictive Modules for Samart Telcoms
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Samart Telcoms 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 Samart Telcoms' 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.
Samart Telcoms Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Samart Telcoms is not an exception. The market had few large corrections towards the Samart Telcoms' 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 Samart Telcoms Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Samart Telcoms within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.68 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0.87 | |
Ir | Information ratio | 0.14 |
Samart Telcoms 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 Samart Telcoms for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Samart Telcoms 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.| Samart Telcoms appears to be risky and price may revert if volatility continues | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Samart Telcoms 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 Samart Stock often depends not only on the future outlook of the current and potential Samart Telcoms' 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. Samart Telcoms' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 618 M |
Samart Telcoms Technical Analysis
Samart Telcoms' future price can be derived by breaking down and analyzing its technical indicators over time. Samart Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Samart Telcoms Public. In general, you should focus on analyzing Samart Stock price patterns and their correlations with different microeconomic environments and drivers.
Samart Telcoms Predictive Forecast Models
Samart Telcoms' time-series forecasting models is one of many Samart Telcoms' 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 Samart Telcoms' 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 Samart Telcoms Public
Checking the ongoing alerts about Samart Telcoms for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Samart Telcoms Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Samart Telcoms appears to be risky and price may revert if volatility continues | |
| About 73.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Samart Stock
Samart Telcoms financial ratios help investors to determine whether Samart 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 Samart with respect to the benefits of owning Samart Telcoms security.