DANANG HOUSING (Vietnam) Probability of Future Stock Price Finishing Over 9300.0
| NDN Stock | 9,200 300.00 3.16% |
DANANG |
DANANG HOUSING Target Price Odds to finish over 9300.0
The tendency of DANANG 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 over 9,300 or more in 90 days |
| 9,200 | 90 days | 9,300 | roughly 2.89 |
Based on a normal probability distribution, the odds of DANANG HOUSING to move over 9,300 or more in 90 days from now is roughly 2.89 (This DANANG HOUSING probability density function shows the probability of DANANG Stock to fall within a particular range of prices over 90 days) . Probability of DANANG HOUSING price to stay between its current price of 9,200 and 9,300 at the end of the 90-day period is about 6.14 .
Assuming the 90 days trading horizon DANANG HOUSING has a beta of 0.28. This indicates as returns on the market go up, DANANG HOUSING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DANANG HOUSING will be expected to be much smaller as well. Additionally DANANG HOUSING 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. DANANG HOUSING Price Density |
| Price |
Predictive Modules for DANANG HOUSING
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DANANG HOUSING. 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.DANANG HOUSING Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DANANG HOUSING is not an exception. The market had few large corrections towards the DANANG HOUSING'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 DANANG HOUSING, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DANANG HOUSING within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 179.23 | |
Ir | Information ratio | -0.04 |
DANANG HOUSING 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 DANANG HOUSING for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DANANG HOUSING can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DANANG HOUSING generated a negative expected return over the last 90 days |
DANANG HOUSING Technical Analysis
DANANG HOUSING's future price can be derived by breaking down and analyzing its technical indicators over time. DANANG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DANANG HOUSING. In general, you should focus on analyzing DANANG Stock price patterns and their correlations with different microeconomic environments and drivers.
DANANG HOUSING Predictive Forecast Models
DANANG HOUSING's time-series forecasting models is one of many DANANG HOUSING'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 DANANG HOUSING'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 DANANG HOUSING
Checking the ongoing alerts about DANANG HOUSING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DANANG HOUSING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DANANG HOUSING generated a negative expected return over the last 90 days |
Other Information on Investing in DANANG Stock
DANANG HOUSING financial ratios help investors to determine whether DANANG 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 DANANG with respect to the benefits of owning DANANG HOUSING security.