Srinanaporn Marketing (Thailand) Probability of Future Stock Price Finishing Under 12.18
| SNNP Stock | 12.20 0.10 0.83% |
Srinanaporn |
Srinanaporn Marketing Target Price Odds to finish below 12.18
The tendency of Srinanaporn 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 12.18 or more in 90 days |
| 12.20 | 90 days | 12.18 | about 21.37 |
Based on a normal probability distribution, the odds of Srinanaporn Marketing to drop to 12.18 or more in 90 days from now is about 21.37 (This Srinanaporn Marketing Public probability density function shows the probability of Srinanaporn Stock to fall within a particular range of prices over 90 days) . Probability of Srinanaporn Marketing price to stay between 12.18 and its current price of 12.2 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Srinanaporn Marketing Public has a beta of -0.13. This usually implies as returns on the benchmark increase, returns on holding Srinanaporn Marketing are expected to decrease at a much lower rate. During a bear market, however, Srinanaporn Marketing Public is likely to outperform the market. Additionally Srinanaporn Marketing 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. Srinanaporn Marketing Price Density |
| Price |
Predictive Modules for Srinanaporn Marketing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Srinanaporn Marketing. 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.Srinanaporn Marketing Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Srinanaporn Marketing is not an exception. The market had few large corrections towards the Srinanaporn Marketing'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 Srinanaporn Marketing Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Srinanaporn Marketing within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.09 |
Srinanaporn Marketing 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 Srinanaporn Marketing for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Srinanaporn Marketing can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Srinanaporn Marketing generated a negative expected return over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Srinanaporn Marketing 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 Srinanaporn Stock often depends not only on the future outlook of the current and potential Srinanaporn Marketing'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. Srinanaporn Marketing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 960 M |
Srinanaporn Marketing Technical Analysis
Srinanaporn Marketing's future price can be derived by breaking down and analyzing its technical indicators over time. Srinanaporn Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Srinanaporn Marketing Public. In general, you should focus on analyzing Srinanaporn Stock price patterns and their correlations with different microeconomic environments and drivers.
Srinanaporn Marketing Predictive Forecast Models
Srinanaporn Marketing's time-series forecasting models is one of many Srinanaporn Marketing'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 Srinanaporn Marketing'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 Srinanaporn Marketing
Checking the ongoing alerts about Srinanaporn Marketing for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Srinanaporn Marketing help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Srinanaporn Marketing generated a negative expected return over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Srinanaporn Stock
Srinanaporn Marketing financial ratios help investors to determine whether Srinanaporn 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 Srinanaporn with respect to the benefits of owning Srinanaporn Marketing security.