Sawang Export (Thailand) Probability of Future Stock Price Finishing Over 13.42
| SAWANG Stock | THB 12.20 0.10 0.83% |
Sawang |
Sawang Export Target Price Odds to finish over 13.42
The tendency of Sawang 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 13.42 or more in 90 days |
| 12.20 | 90 days | 13.42 | about 21.22 |
Based on a normal probability distribution, the odds of Sawang Export to move over 13.42 or more in 90 days from now is about 21.22 (This Sawang Export Public probability density function shows the probability of Sawang Stock to fall within a particular range of prices over 90 days) . Probability of Sawang Export Public price to stay between its current price of 12.20 and 13.42 at the end of the 90-day period is about 27.52 .
Assuming the 90 days trading horizon Sawang Export Public has a beta of -0.55. This usually implies as returns on the benchmark increase, returns on holding Sawang Export are expected to decrease at a much lower rate. During a bear market, however, Sawang Export Public is likely to outperform the market. Additionally Sawang Export Public has an alpha of 0.0347, implying that it can generate a 0.0347 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sawang Export Price Density |
| Price |
Predictive Modules for Sawang Export
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sawang Export 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.Sawang Export Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sawang Export is not an exception. The market had few large corrections towards the Sawang Export'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 Sawang Export Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sawang Export within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 1.59 | |
Ir | Information ratio | -0.04 |
Sawang Export 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 Sawang Export for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sawang Export 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.| Sawang Export Public is way too risky over 90 days horizon | |
| Sawang Export Public appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 88.65 M. Net Loss for the year was (30.49 M) with loss before overhead, payroll, taxes, and interest of (7.1 M). | |
| Sawang Export Public has accumulated about 20.9 M in cash with (3.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87. | |
| Roughly 85.0% of the company outstanding shares are owned by corporate insiders |
Sawang Export 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 Sawang Stock often depends not only on the future outlook of the current and potential Sawang Export'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. Sawang Export's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24 M |
Sawang Export Technical Analysis
Sawang Export's future price can be derived by breaking down and analyzing its technical indicators over time. Sawang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sawang Export Public. In general, you should focus on analyzing Sawang Stock price patterns and their correlations with different microeconomic environments and drivers.
Sawang Export Predictive Forecast Models
Sawang Export's time-series forecasting models is one of many Sawang Export'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 Sawang Export'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 Sawang Export Public
Checking the ongoing alerts about Sawang Export for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sawang Export Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sawang Export Public is way too risky over 90 days horizon | |
| Sawang Export Public appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 88.65 M. Net Loss for the year was (30.49 M) with loss before overhead, payroll, taxes, and interest of (7.1 M). | |
| Sawang Export Public has accumulated about 20.9 M in cash with (3.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87. | |
| Roughly 85.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Sawang Stock
Sawang Export financial ratios help investors to determine whether Sawang 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 Sawang with respect to the benefits of owning Sawang Export security.