ThaiDex SET50 (Thailand) Probability of Future Etf Price Finishing Over 8.94
| TDEX Etf | THB 8.69 0.08 0.91% |
ThaiDex |
ThaiDex SET50 Target Price Odds to finish over 8.94
The tendency of ThaiDex Etf 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 8.94 or more in 90 days |
| 8.69 | 90 days | 8.94 | about 87.15 |
Based on a normal probability distribution, the odds of ThaiDex SET50 to move over 8.94 or more in 90 days from now is about 87.15 (This ThaiDex SET50 Exchange probability density function shows the probability of ThaiDex Etf to fall within a particular range of prices over 90 days) . Probability of ThaiDex SET50 Exchange price to stay between its current price of 8.69 and 8.94 at the end of the 90-day period is about 12.59 .
Assuming the 90 days trading horizon ThaiDex SET50 has a beta of 0.24. This usually implies as returns on the market go up, ThaiDex SET50 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ThaiDex SET50 Exchange will be expected to be much smaller as well. Additionally ThaiDex SET50 Exchange 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. ThaiDex SET50 Price Density |
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Predictive Modules for ThaiDex SET50
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ThaiDex SET50 Exchange. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.ThaiDex SET50 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ThaiDex SET50 is not an exception. The market had few large corrections towards the ThaiDex SET50'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 ThaiDex SET50 Exchange, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ThaiDex SET50 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.08 |
ThaiDex SET50 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 ThaiDex SET50 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ThaiDex SET50 Exchange can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ThaiDex SET50 generated a negative expected return over the last 90 days | |
| The fund maintains 96.66% of its assets in stocks |
ThaiDex SET50 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 ThaiDex Etf often depends not only on the future outlook of the current and potential ThaiDex SET50'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. ThaiDex SET50's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 91.2k | |
| Average Daily Volume In Three Month | 200.78k |
ThaiDex SET50 Technical Analysis
ThaiDex SET50's future price can be derived by breaking down and analyzing its technical indicators over time. ThaiDex Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ThaiDex SET50 Exchange. In general, you should focus on analyzing ThaiDex Etf price patterns and their correlations with different microeconomic environments and drivers.
ThaiDex SET50 Predictive Forecast Models
ThaiDex SET50's time-series forecasting models is one of many ThaiDex SET50's etf 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 ThaiDex SET50'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 etf market movement and maximize returns from investment trading.
Things to note about ThaiDex SET50 Exchange
Checking the ongoing alerts about ThaiDex SET50 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ThaiDex SET50 Exchange help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ThaiDex SET50 generated a negative expected return over the last 90 days | |
| The fund maintains 96.66% of its assets in stocks |
Other Information on Investing in ThaiDex Etf
ThaiDex SET50 financial ratios help investors to determine whether ThaiDex Etf 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 ThaiDex with respect to the benefits of owning ThaiDex SET50 security.