Wattanapat Hospital (Thailand) Probability of Future Stock Price Finishing Under 4.48
| WPH Stock | THB 8.80 0.10 1.12% |
Wattanapat |
Wattanapat Hospital Target Price Odds to finish below 4.48
The tendency of Wattanapat 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 4.48 or more in 90 days |
| 8.80 | 90 days | 4.48 | near 1 |
Based on a normal probability distribution, the odds of Wattanapat Hospital to drop to 4.48 or more in 90 days from now is near 1 (This Wattanapat Hospital Trang probability density function shows the probability of Wattanapat Stock to fall within a particular range of prices over 90 days) . Probability of Wattanapat Hospital Trang price to stay between 4.48 and its current price of 8.8 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Wattanapat Hospital Trang has a beta of -0.0067. This entails as returns on the benchmark increase, returns on holding Wattanapat Hospital are expected to decrease at a much lower rate. During a bear market, however, Wattanapat Hospital Trang is likely to outperform the market. Additionally Wattanapat Hospital Trang has an alpha of 0.5997, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Wattanapat Hospital Price Density |
| Price |
Predictive Modules for Wattanapat Hospital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wattanapat Hospital Trang. 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 Wattanapat Hospital'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.
Wattanapat Hospital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wattanapat Hospital is not an exception. The market had few large corrections towards the Wattanapat Hospital'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 Wattanapat Hospital Trang, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wattanapat Hospital within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.60 | |
β | Beta against NYSE Composite | -0.0067 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | 0.17 |
Wattanapat Hospital 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 Wattanapat Hospital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wattanapat Hospital Trang can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wattanapat Hospital appears to be risky and price may revert if volatility continues | |
| The company has accumulated 584.02 M in total debt with debt to equity ratio (D/E) of 26.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wattanapat Hospital Trang has a current ratio of 0.78, 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 Wattanapat Hospital until it has trouble settling it off, either with new capital or with free cash flow. So, Wattanapat Hospital'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 Wattanapat Hospital Trang sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wattanapat to invest in growth at high rates of return. When we think about Wattanapat Hospital's use of debt, we should always consider it together with cash and equity. | |
| About 70.0% of Wattanapat Hospital outstanding shares are owned by insiders |
Wattanapat Hospital 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 Wattanapat Stock often depends not only on the future outlook of the current and potential Wattanapat Hospital'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. Wattanapat Hospital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 600 M |
Wattanapat Hospital Technical Analysis
Wattanapat Hospital's future price can be derived by breaking down and analyzing its technical indicators over time. Wattanapat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wattanapat Hospital Trang. In general, you should focus on analyzing Wattanapat Stock price patterns and their correlations with different microeconomic environments and drivers.
Wattanapat Hospital Predictive Forecast Models
Wattanapat Hospital's time-series forecasting models is one of many Wattanapat Hospital'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 Wattanapat Hospital'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 Wattanapat Hospital Trang
Checking the ongoing alerts about Wattanapat Hospital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wattanapat Hospital Trang help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wattanapat Hospital appears to be risky and price may revert if volatility continues | |
| The company has accumulated 584.02 M in total debt with debt to equity ratio (D/E) of 26.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wattanapat Hospital Trang has a current ratio of 0.78, 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 Wattanapat Hospital until it has trouble settling it off, either with new capital or with free cash flow. So, Wattanapat Hospital'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 Wattanapat Hospital Trang sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wattanapat to invest in growth at high rates of return. When we think about Wattanapat Hospital's use of debt, we should always consider it together with cash and equity. | |
| About 70.0% of Wattanapat Hospital outstanding shares are owned by insiders |
Check out Wattanapat Hospital Backtesting, Wattanapat Hospital Valuation, Wattanapat Hospital Correlation, Wattanapat Hospital Hype Analysis, Wattanapat Hospital Volatility, Wattanapat Hospital History as well as Wattanapat Hospital Performance. Note that the Wattanapat Hospital Trang information on this page should be used as a complementary analysis to other Wattanapat Hospital'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Wattanapat Stock analysis
When running Wattanapat Hospital's price analysis, check to measure Wattanapat Hospital'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 Wattanapat Hospital is operating at the current time. Most of Wattanapat Hospital's value examination focuses on studying past and present price action to predict the probability of Wattanapat Hospital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wattanapat Hospital's price. Additionally, you may evaluate how the addition of Wattanapat Hospital to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Transaction History View history of all your transactions and understand their impact on performance |