Thai Life (Thailand) Probability of Future Stock Price Finishing Over 18.59
| TLI Stock | 10.50 0.20 1.87% |
Thai |
Thai Life Target Price Odds to finish over 18.59
The tendency of Thai 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 18.59 or more in 90 days |
| 10.50 | 90 days | 18.59 | close to zero percent |
Based on a normal probability distribution, the odds of Thai Life to move over 18.59 or more in 90 days from now is close to zero percent (This Thai Life Insurance probability density function shows the probability of Thai Stock to fall within a particular range of prices over 90 days) . Probability of Thai Life Insurance price to stay between its current price of 10.50 and 18.59 at the end of the 90-day period is about 78.81 .
Assuming the 90 days trading horizon Thai Life Insurance has a beta of -0.65. This usually implies as returns on the benchmark increase, returns on holding Thai Life are expected to decrease at a much lower rate. During a bear market, however, Thai Life Insurance is likely to outperform the market. Additionally Thai Life Insurance has an alpha of 0.0557, implying that it can generate a 0.0557 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Thai Life Price Density |
| Price |
Predictive Modules for Thai Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thai Life Insurance. 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.Thai Life Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thai Life is not an exception. The market had few large corrections towards the Thai Life'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 Thai Life Insurance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thai Life within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.01 |
Thai Life 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 Thai Life for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thai Life Insurance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thai Life Insurance generated a negative expected return over the last 90 days |
Thai Life Technical Analysis
Thai Life's future price can be derived by breaking down and analyzing its technical indicators over time. Thai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Life Insurance. In general, you should focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environments and drivers.
Thai Life Predictive Forecast Models
Thai Life's time-series forecasting models is one of many Thai Life'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 Thai Life'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 Thai Life Insurance
Checking the ongoing alerts about Thai Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thai Life Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thai Life Insurance generated a negative expected return over the last 90 days |
Other Information on Investing in Thai Stock
Thai Life financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Life security.