Star Petroleum (Thailand) Price Prediction
| SPRC Stock | THB 6.80 0.05 0.74% |
Oversold Vs Overbought
48
Oversold | Overbought |
Using Star Petroleum hype-based prediction, you can estimate the value of Star Petroleum Refining from the perspective of Star Petroleum response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Star Petroleum to buy its stock at a price that has no basis in reality. In that case, they are not buying Star because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Star Petroleum after-hype prediction price | THB 6.8 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Star |
Star Petroleum After-Hype Price Prediction Density Analysis
As far as predicting the price of Star Petroleum at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Star Petroleum or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Star Petroleum, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Star Petroleum Estimiated After-Hype Price Volatility
In the context of predicting Star Petroleum's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Star Petroleum's historical news coverage. Star Petroleum's after-hype downside and upside margins for the prediction period are 4.69 and 8.91, respectively. We have considered Star Petroleum's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Star Petroleum is somewhat reliable at this time. Analysis and calculation of next after-hype price of Star Petroleum Refining is based on 3 months time horizon.
Star Petroleum Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Star Petroleum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Star Petroleum backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Star Petroleum, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 2.11 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.80 | 6.80 | 0.00 |
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Star Petroleum Hype Timeline
Star Petroleum Refining is at this time traded for 6.80on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Star is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.01%. %. The volatility of related hype on Star Petroleum is about 0.0%, with the expected price after the next announcement by competition of 6.80. About 62.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Star Petroleum Refining has Price/Earnings To Growth (PEG) ratio of 0.07. The entity last dividend was issued on the 24th of August 2022. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Star Petroleum Basic Forecasting Models to cross-verify your projections.Star Petroleum Related Hype Analysis
Having access to credible news sources related to Star Petroleum's direct competition is more important than ever and may enhance your ability to predict Star Petroleum's future price movements. Getting to know how Star Petroleum's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Star Petroleum may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SAWANG | Sawang Export Public | 0.00 | 0 per month | 0.00 | (0.04) | 5.17 | (6.45) | 24.90 | |
| QHHR | Quality Houses Hotel | 0.00 | 0 per month | 0.84 | (0.08) | 2.19 | (1.50) | 9.70 | |
| GAHREIT | Grande Hospitality Real | 0.00 | 0 per month | 0.00 | (0.13) | 1.54 | (1.52) | 5.16 | |
| CITY | City Steel Public | 0.00 | 0 per month | 0.00 | (0.15) | 2.67 | (2.94) | 9.60 | |
| POPF | Prime Office Leasehold | 0.00 | 0 per month | 0.54 | 0.06 | 2.44 | (1.59) | 4.84 | |
| HPF | HEMARAJ INDUSTRIAL PROPERTY | 0.00 | 0 per month | 0.37 | (0.04) | 1.08 | (0.99) | 5.72 | |
| FUTUREPF | Future Park Leasehold | 0.00 | 0 per month | 0.15 | 0.04 | 1.83 | (0.90) | 6.39 |
Star Petroleum Additional Predictive Modules
Most predictive techniques to examine Star price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Star using various technical indicators. When you analyze Star charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Star Petroleum Predictive Indicators
The successful prediction of Star Petroleum stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Star Petroleum Refining, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Star Petroleum based on analysis of Star Petroleum hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Star Petroleum's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Star Petroleum's related companies.
Story Coverage note for Star Petroleum
The number of cover stories for Star Petroleum depends on current market conditions and Star Petroleum's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Star Petroleum is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Star Petroleum's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Star Petroleum Short Properties
Star Petroleum's future price predictability will typically decrease when Star Petroleum's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Star Petroleum Refining often depends not only on the future outlook of the potential Star Petroleum'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. Star Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.3 B |
Other Information on Investing in Star Stock
Star Petroleum financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Petroleum security.