JMT Network (Thailand) Probability of Future Stock Price Finishing Over 20.9
| JMT Stock | THB 21.30 0.20 0.93% |
JMT |
JMT Network Target Price Odds to finish over 20.9
The tendency of JMT 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 above 20.90 in 90 days |
| 21.30 | 90 days | 20.90 | about 83.79 |
Based on a normal probability distribution, the odds of JMT Network to stay above 20.90 in 90 days from now is about 83.79 (This JMT Network Services probability density function shows the probability of JMT Stock to fall within a particular range of prices over 90 days) . Probability of JMT Network Services price to stay between 20.90 and its current price of 21.3 at the end of the 90-day period is about 7.98 .
Assuming the 90 days trading horizon JMT Network Services has a beta of -0.4. This indicates as returns on the benchmark increase, returns on holding JMT Network are expected to decrease at a much lower rate. During a bear market, however, JMT Network Services is likely to outperform the market. Additionally JMT Network Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. JMT Network Price Density |
| Price |
Predictive Modules for JMT Network
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JMT Network Services. 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 JMT Network'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.
JMT Network Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JMT Network is not an exception. The market had few large corrections towards the JMT Network'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 JMT Network Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JMT Network within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.26 | |
β | Beta against NYSE Composite | -0.4 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | -0.1 |
JMT Network 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 JMT Network for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JMT Network Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JMT Network Services generated a negative expected return over the last 90 days | |
| JMT Network Services has high historical volatility and very poor performance | |
| The company has accumulated 6.41 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. JMT Network Services has a current ratio of 0.91, 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 JMT Network until it has trouble settling it off, either with new capital or with free cash flow. So, JMT Network'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 JMT Network Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JMT to invest in growth at high rates of return. When we think about JMT Network's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of JMT Network shares are held by company insiders |
JMT Network 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 JMT Stock often depends not only on the future outlook of the current and potential JMT Network'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. JMT Network's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B |
JMT Network Technical Analysis
JMT Network's future price can be derived by breaking down and analyzing its technical indicators over time. JMT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JMT Network Services. In general, you should focus on analyzing JMT Stock price patterns and their correlations with different microeconomic environments and drivers.
JMT Network Predictive Forecast Models
JMT Network's time-series forecasting models is one of many JMT Network'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 JMT Network'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 JMT Network Services
Checking the ongoing alerts about JMT Network for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JMT Network Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JMT Network Services generated a negative expected return over the last 90 days | |
| JMT Network Services has high historical volatility and very poor performance | |
| The company has accumulated 6.41 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. JMT Network Services has a current ratio of 0.91, 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 JMT Network until it has trouble settling it off, either with new capital or with free cash flow. So, JMT Network'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 JMT Network Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for JMT to invest in growth at high rates of return. When we think about JMT Network's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of JMT Network shares are held by company insiders |
Check out JMT Network Backtesting, JMT Network Valuation, JMT Network Correlation, JMT Network Hype Analysis, JMT Network Volatility, JMT Network History as well as JMT Network Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for JMT Stock analysis
When running JMT Network's price analysis, check to measure JMT Network'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 JMT Network is operating at the current time. Most of JMT Network's value examination focuses on studying past and present price action to predict the probability of JMT Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JMT Network's price. Additionally, you may evaluate how the addition of JMT Network to your portfolios can decrease your overall portfolio volatility.
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