Thonburi Healthcare (Thailand) Probability of Future Stock Price Finishing Over 17.80
| THG Stock | THB 17.80 0.50 2.73% |
Thonburi |
Thonburi Healthcare Target Price Odds to finish over 17.80
The tendency of Thonburi 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 |
| 17.80 | 90 days | 17.80 | about 74.62 |
Based on a normal probability distribution, the odds of Thonburi Healthcare to move above the current price in 90 days from now is about 74.62 (This Thonburi Healthcare Grp probability density function shows the probability of Thonburi Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Thonburi Healthcare has a beta of 0.31. This usually implies as returns on the market go up, Thonburi Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thonburi Healthcare Grp will be expected to be much smaller as well. Additionally Thonburi Healthcare Grp 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. Thonburi Healthcare Price Density |
| Price |
Predictive Modules for Thonburi Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thonburi Healthcare Grp. 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.Thonburi Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thonburi Healthcare is not an exception. The market had few large corrections towards the Thonburi Healthcare'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 Thonburi Healthcare Grp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thonburi Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.76 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 4.03 | |
Ir | Information ratio | -0.19 |
Thonburi Healthcare 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 Thonburi Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thonburi Healthcare Grp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thonburi Healthcare generated a negative expected return over the last 90 days | |
| Thonburi Healthcare has high historical volatility and very poor performance | |
| Thonburi Healthcare has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thonburi Healthcare Grp has accumulated 4.46 B in total debt with debt to equity ratio (D/E) of 83.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thonburi Healthcare Grp has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thonburi Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Thonburi Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thonburi Healthcare Grp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thonburi to invest in growth at high rates of return. When we think about Thonburi Healthcare's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Thonburi Healthcare outstanding shares are owned by corporate insiders |
Thonburi Healthcare 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 Thonburi Stock often depends not only on the future outlook of the current and potential Thonburi Healthcare'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. Thonburi Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 844.2 M |
Thonburi Healthcare Technical Analysis
Thonburi Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Thonburi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thonburi Healthcare Grp. In general, you should focus on analyzing Thonburi Stock price patterns and their correlations with different microeconomic environments and drivers.
Thonburi Healthcare Predictive Forecast Models
Thonburi Healthcare's time-series forecasting models is one of many Thonburi Healthcare'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 Thonburi Healthcare'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 Thonburi Healthcare Grp
Checking the ongoing alerts about Thonburi Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thonburi Healthcare Grp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thonburi Healthcare generated a negative expected return over the last 90 days | |
| Thonburi Healthcare has high historical volatility and very poor performance | |
| Thonburi Healthcare has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thonburi Healthcare Grp has accumulated 4.46 B in total debt with debt to equity ratio (D/E) of 83.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thonburi Healthcare Grp has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thonburi Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Thonburi Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thonburi Healthcare Grp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thonburi to invest in growth at high rates of return. When we think about Thonburi Healthcare's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Thonburi Healthcare outstanding shares are owned by corporate insiders |
Other Information on Investing in Thonburi Stock
Thonburi Healthcare financial ratios help investors to determine whether Thonburi 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 Thonburi with respect to the benefits of owning Thonburi Healthcare security.