Forth Smart (Thailand) Probability of Future Stock Price Finishing Under 5.7
| FSMART Stock | THB 6.05 0.20 3.42% |
Forth |
Forth Smart Target Price Odds to finish below 5.7
The tendency of Forth 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 5.70 or more in 90 days |
| 6.05 | 90 days | 5.70 | nearly 4.99 |
Based on a normal probability distribution, the odds of Forth Smart to drop to 5.70 or more in 90 days from now is nearly 4.99 (This Forth Smart Service probability density function shows the probability of Forth Stock to fall within a particular range of prices over 90 days) . Probability of Forth Smart Service price to stay between 5.70 and its current price of 6.05 at the end of the 90-day period is about 17.81 .
Assuming the 90 days trading horizon Forth Smart has a beta of 0.11. This usually indicates as returns on the market go up, Forth Smart average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Forth Smart Service will be expected to be much smaller as well. Additionally Forth Smart Service has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Forth Smart Price Density |
| Price |
Predictive Modules for Forth Smart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forth Smart Service. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forth Smart's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Forth Smart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forth Smart is not an exception. The market had few large corrections towards the Forth Smart'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 Forth Smart Service, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forth Smart within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.15 | |
β | Beta against NYSE Composite | 0.11 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.11 |
Forth Smart 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 Forth Smart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forth Smart Service can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forth Smart Service generated a negative expected return over the last 90 days | |
| Forth Smart Service has accumulated 1.08 Billion in debt which can lead to volatile earnings | |
| The company has accumulated 1.08 B in total debt with debt to equity ratio (D/E) of 76.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forth Smart Service has a current ratio of 0.61, 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 Forth Smart until it has trouble settling it off, either with new capital or with free cash flow. So, Forth Smart'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 Forth Smart Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forth to invest in growth at high rates of return. When we think about Forth Smart's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Forth Smart shares are held by company insiders |
Forth Smart 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 Forth Stock often depends not only on the future outlook of the current and potential Forth Smart'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. Forth Smart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 753.1 M |
Forth Smart Technical Analysis
Forth Smart's future price can be derived by breaking down and analyzing its technical indicators over time. Forth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forth Smart Service. In general, you should focus on analyzing Forth Stock price patterns and their correlations with different microeconomic environments and drivers.
Forth Smart Predictive Forecast Models
Forth Smart's time-series forecasting models is one of many Forth Smart'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 Forth Smart'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 Forth Smart Service
Checking the ongoing alerts about Forth Smart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forth Smart Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forth Smart Service generated a negative expected return over the last 90 days | |
| Forth Smart Service has accumulated 1.08 Billion in debt which can lead to volatile earnings | |
| The company has accumulated 1.08 B in total debt with debt to equity ratio (D/E) of 76.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forth Smart Service has a current ratio of 0.61, 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 Forth Smart until it has trouble settling it off, either with new capital or with free cash flow. So, Forth Smart'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 Forth Smart Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forth to invest in growth at high rates of return. When we think about Forth Smart's use of debt, we should always consider it together with cash and equity. | |
| About 63.0% of Forth Smart shares are held by company insiders |
Check out Forth Smart Backtesting, Forth Smart Valuation, Forth Smart Correlation, Forth Smart Hype Analysis, Forth Smart Volatility, Forth Smart History as well as Forth Smart Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Forth Stock analysis
When running Forth Smart's price analysis, check to measure Forth Smart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forth Smart is operating at the current time. Most of Forth Smart's value examination focuses on studying past and present price action to predict the probability of Forth Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forth Smart's price. Additionally, you may evaluate how the addition of Forth Smart to your portfolios can decrease your overall portfolio volatility.
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