TQM PORATION (Thailand) Probability of Future Stock Price Finishing Under 85.83
| TQM-R Stock | THB 25.50 0.33 1.28% |
TQM |
TQM PORATION Target Price Odds to finish below 85.83
The tendency of TQM 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 85.83 after 90 days |
| 25.50 | 90 days | 85.83 | close to 99 |
Based on a normal probability distribution, the odds of TQM PORATION to stay under 85.83 after 90 days from now is close to 99 (This TQM PORATION probability density function shows the probability of TQM Stock to fall within a particular range of prices over 90 days) . Probability of TQM PORATION price to stay between its current price of 25.50 and 85.83 at the end of the 90-day period is about 54.78 .
Assuming the 90 days trading horizon TQM PORATION has a beta of -0.0362. This usually implies as returns on the benchmark increase, returns on holding TQM PORATION are expected to decrease at a much lower rate. During a bear market, however, TQM PORATION is likely to outperform the market. Additionally TQM PORATION has an alpha of 0.0183, implying that it can generate a 0.0183 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). TQM PORATION Price Density |
| Price |
Predictive Modules for TQM PORATION
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TQM PORATION. 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 TQM PORATION'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.
TQM PORATION Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TQM PORATION is not an exception. The market had few large corrections towards the TQM PORATION'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 TQM PORATION, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TQM PORATION within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | -0.04 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.28 |
TQM PORATION 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 TQM Stock often depends not only on the future outlook of the current and potential TQM PORATION'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. TQM PORATION's indicators that are reflective of the short sentiment are summarized in the table below.
| Trailing Annual Dividend Rate | 2.15 | |
| Float Shares | 124.93M | |
| Average Daily Volume Last 10 Day | 15.16k | |
| Average Daily Volume In Three Month | 29.82k | |
| Trailing Annual Dividend Yield | 2.03% |
TQM PORATION Technical Analysis
TQM PORATION's future price can be derived by breaking down and analyzing its technical indicators over time. TQM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TQM PORATION. In general, you should focus on analyzing TQM Stock price patterns and their correlations with different microeconomic environments and drivers.
TQM PORATION Predictive Forecast Models
TQM PORATION's time-series forecasting models is one of many TQM PORATION'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 TQM PORATION'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TQM PORATION in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TQM PORATION's short interest history, or implied volatility extrapolated from TQM PORATION options trading.
Check out TQM PORATION Backtesting, TQM PORATION Valuation, TQM PORATION Correlation, TQM PORATION Hype Analysis, TQM PORATION Volatility, TQM PORATION History as well as TQM PORATION Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for TQM Stock analysis
When running TQM PORATION's price analysis, check to measure TQM PORATION'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 TQM PORATION is operating at the current time. Most of TQM PORATION's value examination focuses on studying past and present price action to predict the probability of TQM PORATION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TQM PORATION's price. Additionally, you may evaluate how the addition of TQM PORATION to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |