PTT Global (Thailand) Price Prediction
| PTTGC Stock | THB 37.00 1.25 3.27% |
Oversold Vs Overbought
64
Oversold | Overbought |
PTT Global Chemical stock price prediction is an act of determining the future value of PTT Global shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of PTT Global's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of PTT Global and does not consider all of the tangible or intangible factors available from PTT Global's fundamental data. We analyze noise-free headlines and recent hype associated with PTT Global Chemical, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of PTT Global based on different types of headlines from major news networks to social media. The PTT stock price prediction module provides an analysis of price elasticity to changes in media outlook on PTT Global over a specific investment horizon. Using PTT Global hype-based prediction, you can estimate the value of PTT Global Chemical from the perspective of PTT Global response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in PTT Global. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in PTT Global to buy its stock at a price that has no basis in reality. In that case, they are not buying PTT 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.
PTT Global after-hype prediction price | THB 37.0 |
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.
PTT |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PTT Global'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.
PTT Global After-Hype Price Prediction Density Analysis
As far as predicting the price of PTT Global 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 PTT Global 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 PTT Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PTT Global Estimiated After-Hype Price Volatility
In the context of predicting PTT Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PTT Global's historical news coverage. PTT Global's after-hype downside and upside margins for the prediction period are 35.18 and 38.82, respectively. We have considered PTT Global'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
PTT Global is very steady at this time. Analysis and calculation of next after-hype price of PTT Global Chemical is based on 3 months time horizon.
PTT Global Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PTT Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PTT Global 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 PTT Global, 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 |
0.18 | 1.82 | 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 | ||
37.00 | 37.00 | 0.00 |
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PTT Global Hype Timeline
PTT Global Chemical is at this time traded for 37.00on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. PTT 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 0.18%. %. The volatility of related hype on PTT Global is about 0.0%, with the expected price after the next announcement by competition of 37.00. About 52.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PTT Global Chemical has Price/Earnings To Growth (PEG) ratio of 1.01. The entity last dividend was issued on the 27th of February 2023. The firm had 1295:654 split on the 21st of October 2011. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out PTT Global Basic Forecasting Models to cross-verify your projections.PTT Global Related Hype Analysis
Having access to credible news sources related to PTT Global's direct competition is more important than ever and may enhance your ability to predict PTT Global's future price movements. Getting to know how PTT Global'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 PTT Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PTT | PTT Public | 0.00 | 0 per month | 0.71 | (0.06) | 1.47 | (1.44) | 5.74 | |
| PTTEP | PTT Exploration and | 0.00 | 0 per month | 0.93 | 0.03 | 2.33 | (2.01) | 7.76 | |
| SCC | The Siam Cement | 0.00 | 0 per month | 0.00 | (0.17) | 1.63 | (2.32) | 5.06 | |
| CPALL | CP ALL Public | 0.00 | 0 per month | 1.03 | 0.0008 | 2.25 | (2.17) | 5.51 | |
| KBANK | Kasikornbank Public | 0.00 | 0 per month | 0.98 | 0.03 | 1.98 | (1.58) | 5.08 |
PTT Global Additional Predictive Modules
Most predictive techniques to examine PTT price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PTT using various technical indicators. When you analyze PTT 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 PTT Global Predictive Indicators
The successful prediction of PTT Global 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 PTT Global Chemical, 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 PTT Global based on analysis of PTT Global hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PTT Global's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PTT Global's related companies. Story Coverage note for PTT Global
The number of cover stories for PTT Global depends on current market conditions and PTT Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PTT Global 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 PTT Global'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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Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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PTT Global Short Properties
PTT Global's future price predictability will typically decrease when PTT Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of PTT Global Chemical often depends not only on the future outlook of the potential PTT Global'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. PTT Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 B |
Check out PTT Global Basic Forecasting Models to cross-verify your projections. Note that the PTT Global Chemical information on this page should be used as a complementary analysis to other PTT Global'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for PTT Stock analysis
When running PTT Global's price analysis, check to measure PTT Global'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 PTT Global is operating at the current time. Most of PTT Global's value examination focuses on studying past and present price action to predict the probability of PTT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT Global's price. Additionally, you may evaluate how the addition of PTT Global to your portfolios can decrease your overall portfolio volatility.
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