Alphanam (Vietnam) Odds of Future Stock Price Finishing Under 5000.0
| AME Stock | 4,800 300.00 6.67% |
Alphanam |
Alphanam Target Price Odds to finish below 5000.0
The tendency of Alphanam 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 5,000 after 90 days |
| 4,800 | 90 days | 5,000 | about 11.38 |
Based on a normal probability distribution, the odds of Alphanam to stay under 5,000 after 90 days from now is about 11.38 (This Alphanam ME probability density function shows the probability of Alphanam Stock to fall within a particular range of prices over 90 days) . Probability of Alphanam ME price to stay between its current price of 4,800 and 5,000 at the end of the 90-day period is nearly 4.48 .
Assuming the 90 days trading horizon Alphanam ME has a beta of -0.29. This suggests as returns on the benchmark increase, returns on holding Alphanam are expected to decrease at a much lower rate. During a bear market, however, Alphanam ME is likely to outperform the market. Additionally Alphanam ME 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. Alphanam Price Density |
| Price |
Predictive Modules for Alphanam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alphanam ME. 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.Alphanam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alphanam is not an exception. The market had few large corrections towards the Alphanam'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 Alphanam ME, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alphanam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 726.49 | |
Ir | Information ratio | -0.18 |
Alphanam 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 Alphanam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alphanam ME can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alphanam ME generated a negative expected return over the last 90 days | |
| Alphanam ME has high historical volatility and very poor performance |
Alphanam Technical Analysis
Alphanam's future price can be derived by breaking down and analyzing its technical indicators over time. Alphanam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alphanam ME. In general, you should focus on analyzing Alphanam Stock price patterns and their correlations with different microeconomic environments and drivers.
Alphanam Predictive Forecast Models
Alphanam's time-series forecasting models is one of many Alphanam'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 Alphanam'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 Alphanam ME
Checking the ongoing alerts about Alphanam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alphanam ME help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alphanam ME generated a negative expected return over the last 90 days | |
| Alphanam ME has high historical volatility and very poor performance |
Other Information on Investing in Alphanam Stock
Alphanam financial ratios help investors to determine whether Alphanam 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 Alphanam with respect to the benefits of owning Alphanam security.