Transimex Saigon (Vietnam) Probability of Future Stock Price Finishing Under 51900.0
| TMS Stock | 42,800 50.00 0.12% |
Transimex |
Transimex Saigon Target Price Odds to finish below 51900.0
The tendency of Transimex 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 under 51,900 after 90 days |
| 42,800 | 90 days | 51,900 | close to 99 |
Based on a normal probability distribution, the odds of Transimex Saigon to stay under 51,900 after 90 days from now is close to 99 (This Transimex Saigon Corp probability density function shows the probability of Transimex Stock to fall within a particular range of prices over 90 days) . Probability of Transimex Saigon Corp price to stay between its current price of 42,800 and 51,900 at the end of the 90-day period is about 79.43 .
Assuming the 90 days trading horizon Transimex Saigon has a beta of 0.3. This usually implies as returns on the market go up, Transimex Saigon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Transimex Saigon Corp will be expected to be much smaller as well. Additionally Transimex Saigon Corp 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. Transimex Saigon Price Density |
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Predictive Modules for Transimex Saigon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transimex Saigon Corp. 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.Transimex Saigon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transimex Saigon is not an exception. The market had few large corrections towards the Transimex Saigon'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 Transimex Saigon Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transimex Saigon within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 2,606 | |
Ir | Information ratio | -0.09 |
Transimex Saigon 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 Transimex Saigon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transimex Saigon Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Transimex Saigon generated a negative expected return over the last 90 days |
Transimex Saigon Technical Analysis
Transimex Saigon's future price can be derived by breaking down and analyzing its technical indicators over time. Transimex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transimex Saigon Corp. In general, you should focus on analyzing Transimex Stock price patterns and their correlations with different microeconomic environments and drivers.
Transimex Saigon Predictive Forecast Models
Transimex Saigon's time-series forecasting models is one of many Transimex Saigon'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 Transimex Saigon'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 Transimex Saigon Corp
Checking the ongoing alerts about Transimex Saigon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transimex Saigon Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Transimex Saigon generated a negative expected return over the last 90 days |