Truong Thanh (Vietnam) Probability of Future Stock Price Finishing Over 3,105
| TTF Stock | 3,070 30.00 0.97% |
Truong |
Truong Thanh Target Price Odds to finish over 3,105
The tendency of Truong 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 above the current price in 90 days |
| 3,070 | 90 days | 3,070 | about 66.98 |
Based on a normal probability distribution, the odds of Truong Thanh to move above the current price in 90 days from now is about 66.98 (This Truong Thanh Furniture probability density function shows the probability of Truong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Truong Thanh has a beta of 0.77. This usually implies as returns on the market go up, Truong Thanh average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Truong Thanh Furniture will be expected to be much smaller as well. Additionally Truong Thanh Furniture 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. Truong Thanh Price Density |
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Predictive Modules for Truong Thanh
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Truong Thanh Furniture. 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.Truong Thanh Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Truong Thanh is not an exception. The market had few large corrections towards the Truong Thanh'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 Truong Thanh Furniture, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Truong Thanh within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 150.69 | |
Ir | Information ratio | -0.16 |
Truong Thanh 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 Truong Thanh for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Truong Thanh Furniture can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Truong Thanh generated a negative expected return over the last 90 days |
Truong Thanh Technical Analysis
Truong Thanh's future price can be derived by breaking down and analyzing its technical indicators over time. Truong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Truong Thanh Furniture. In general, you should focus on analyzing Truong Stock price patterns and their correlations with different microeconomic environments and drivers.
Truong Thanh Predictive Forecast Models
Truong Thanh's time-series forecasting models is one of many Truong Thanh'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 Truong Thanh'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 Truong Thanh Furniture
Checking the ongoing alerts about Truong Thanh for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Truong Thanh Furniture help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Truong Thanh generated a negative expected return over the last 90 days |
Other Information on Investing in Truong Stock
Truong Thanh financial ratios help investors to determine whether Truong 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 Truong with respect to the benefits of owning Truong Thanh security.