President Bakery (Thailand) Probability of Future Stock Price Finishing Under 69.75
| PB Stock | THB 68.25 0.25 0.37% |
President |
President Bakery Target Price Odds to finish below 69.75
The tendency of President 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 stay under 69.75 after 90 days |
| 68.25 | 90 days | 69.75 | roughly 96.0 |
Based on a normal probability distribution, the odds of President Bakery to stay under 69.75 after 90 days from now is roughly 96.0 (This President Bakery Public probability density function shows the probability of President Stock to fall within a particular range of prices over 90 days) . Probability of President Bakery Public price to stay between its current price of 68.25 and 69.75 at the end of the 90-day period is about 58.23 .
Assuming the 90 days horizon President Bakery Public has a beta of -0.055 indicating as returns on the benchmark increase, returns on holding President Bakery are expected to decrease at a much lower rate. During a bear market, however, President Bakery Public is likely to outperform the market. Additionally President Bakery Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. President Bakery Price Density |
| Price |
Predictive Modules for President Bakery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as President Bakery Public. 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 President Bakery'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.
President Bakery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. President Bakery is not an exception. The market had few large corrections towards the President Bakery'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 President Bakery Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of President Bakery within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | -0.06 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.14 |
President Bakery 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 President Bakery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for President Bakery Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| President Bakery generated a negative expected return over the last 90 days | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
President Bakery 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 President Stock often depends not only on the future outlook of the current and potential President Bakery'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. President Bakery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 450 M |
President Bakery Technical Analysis
President Bakery's future price can be derived by breaking down and analyzing its technical indicators over time. President Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of President Bakery Public. In general, you should focus on analyzing President Stock price patterns and their correlations with different microeconomic environments and drivers.
President Bakery Predictive Forecast Models
President Bakery's time-series forecasting models is one of many President Bakery'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 President Bakery'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 President Bakery Public
Checking the ongoing alerts about President Bakery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for President Bakery Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| President Bakery generated a negative expected return over the last 90 days | |
| About 85.0% of the company outstanding shares are owned by corporate insiders |
Check out President Bakery Backtesting, President Bakery Valuation, President Bakery Correlation, President Bakery Hype Analysis, President Bakery Volatility, President Bakery History as well as President Bakery Performance. Note that the President Bakery Public information on this page should be used as a complementary analysis to other President Bakery's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for President Stock analysis
When running President Bakery's price analysis, check to measure President Bakery'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 President Bakery is operating at the current time. Most of President Bakery's value examination focuses on studying past and present price action to predict the probability of President Bakery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move President Bakery's price. Additionally, you may evaluate how the addition of President Bakery to your portfolios can decrease your overall portfolio volatility.
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