Thong Nhat (Vietnam) Buy Hold or Sell Recommendation
| BAX Stock | 41,000 1,005 2.51% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Thong Nhat JSC is 'Strong Sell'. The recommendation algorithm takes into account all of Thong Nhat's available fundamental, technical, and predictive indicators you will find on this site.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. In addition, we conduct extensive research on individual companies such as Thong and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Thong Nhat JSC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Thong |
Execute Thong Nhat Buy or Sell Advice
The Thong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Thong Nhat JSC. Macroaxis does not own or have any residual interests in Thong Nhat JSC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thong Nhat's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Thong Nhat Returns Distribution Density
The distribution of Thong Nhat's historical returns is an attempt to chart the uncertainty of Thong Nhat's future price movements. The chart of the probability distribution of Thong Nhat daily returns describes the distribution of returns around its average expected value. We use Thong Nhat JSC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thong Nhat returns is essential to provide solid investment advice for Thong Nhat.
| Mean Return | 0.12 | Value At Risk | -4.52 | Potential Upside | 3.68 | Standard Deviation | 2.40 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Thong Nhat historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Thong Nhat Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thong Nhat or Thong sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thong Nhat's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thong stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 2.48 | |
Ir | Information ratio | 0.04 |
Thong Nhat Volatility Alert
Thong Nhat JSC currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thong Nhat's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Thong Nhat's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Thong Nhat Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Thong . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0244 | |||
| Daily Balance Of Power | 1.00477 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 40500.0 | |||
| Day Typical Price | 40666.67 | |||
| Market Facilitation Index | 1000.0 | |||
| Price Action Indicator | 1002.38 | |||
| Period Momentum Indicator | 1004.77 |
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