LICOGI 13 (Vietnam) Probability of Future Stock Price Finishing Under 2,918
| LIG Stock | 3,000 100.00 3.45% |
LICOGI |
LICOGI 13 Target Price Odds to finish below 2,918
The tendency of LICOGI 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 move below current price in 90 days |
| 3,000 | 90 days | 3,000 | about 49.7 |
Based on a normal probability distribution, the odds of LICOGI 13 to move below current price in 90 days from now is about 49.7 (This LICOGI 13 probability density function shows the probability of LICOGI Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon LICOGI 13 has a beta of -0.58. This indicates as returns on the benchmark increase, returns on holding LICOGI 13 are expected to decrease at a much lower rate. During a bear market, however, LICOGI 13 is likely to outperform the market. Additionally LICOGI 13 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. LICOGI 13 Price Density |
| Price |
Predictive Modules for LICOGI 13
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LICOGI 13. 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.LICOGI 13 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LICOGI 13 is not an exception. The market had few large corrections towards the LICOGI 13'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 LICOGI 13, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LICOGI 13 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -0.58 | |
σ | Overall volatility | 115.03 | |
Ir | Information ratio | -0.04 |
LICOGI 13 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 LICOGI 13 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LICOGI 13 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LICOGI 13 generated a negative expected return over the last 90 days |
LICOGI 13 Technical Analysis
LICOGI 13's future price can be derived by breaking down and analyzing its technical indicators over time. LICOGI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LICOGI 13. In general, you should focus on analyzing LICOGI Stock price patterns and their correlations with different microeconomic environments and drivers.
LICOGI 13 Predictive Forecast Models
LICOGI 13's time-series forecasting models is one of many LICOGI 13'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 LICOGI 13'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 LICOGI 13
Checking the ongoing alerts about LICOGI 13 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LICOGI 13 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LICOGI 13 generated a negative expected return over the last 90 days |
Other Information on Investing in LICOGI Stock
LICOGI 13 financial ratios help investors to determine whether LICOGI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LICOGI with respect to the benefits of owning LICOGI 13 security.