VINACONEX MEC (Vietnam) Probability of Future Stock Price Finishing Over 8300.00
| VCM Stock | 8,300 400.00 4.60% |
VINACONEX |
VINACONEX MEC Target Price Odds to finish over 8300.00
The tendency of VINACONEX 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 |
| 8,300 | 90 days | 8,300 | about 60.14 |
Based on a normal probability distribution, the odds of VINACONEX MEC to move above the current price in 90 days from now is about 60.14 (This VINACONEX MEC probability density function shows the probability of VINACONEX Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon VINACONEX MEC has a beta of -0.31. This entails as returns on the benchmark increase, returns on holding VINACONEX MEC are expected to decrease at a much lower rate. During a bear market, however, VINACONEX MEC is likely to outperform the market. Additionally VINACONEX MEC has an alpha of 0.0401, implying that it can generate a 0.0401 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VINACONEX MEC Price Density |
| Price |
Predictive Modules for VINACONEX MEC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VINACONEX MEC. 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.VINACONEX MEC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VINACONEX MEC is not an exception. The market had few large corrections towards the VINACONEX MEC'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 VINACONEX MEC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VINACONEX MEC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 1,491 | |
Ir | Information ratio | 0 |
VINACONEX MEC 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 VINACONEX MEC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VINACONEX MEC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VINACONEX MEC had very high historical volatility over the last 90 days |
VINACONEX MEC Technical Analysis
VINACONEX MEC's future price can be derived by breaking down and analyzing its technical indicators over time. VINACONEX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VINACONEX MEC. In general, you should focus on analyzing VINACONEX Stock price patterns and their correlations with different microeconomic environments and drivers.
VINACONEX MEC Predictive Forecast Models
VINACONEX MEC's time-series forecasting models is one of many VINACONEX MEC'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 VINACONEX MEC'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 VINACONEX MEC
Checking the ongoing alerts about VINACONEX MEC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VINACONEX MEC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VINACONEX MEC had very high historical volatility over the last 90 days |