ASG Corp (Vietnam) Odds of Future Stock Price Finishing Under 18,948
| ASG Stock | 18,850 150.00 0.80% |
ASG |
ASG Corp Target Price Odds to finish below 18,948
The tendency of ASG 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 below current price in 90 days |
| 18,850 | 90 days | 18,850 | about 10.94 |
Based on a normal probability distribution, the odds of ASG Corp to move below current price in 90 days from now is about 10.94 (This ASG Corp probability density function shows the probability of ASG Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon ASG Corp has a beta of 0.13. This suggests as returns on the market go up, ASG Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ASG Corp will be expected to be much smaller as well. Additionally ASG 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. ASG Corp Price Density |
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Predictive Modules for ASG Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASG 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.ASG Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ASG Corp is not an exception. The market had few large corrections towards the ASG Corp'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 ASG Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ASG Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 210.37 | |
Ir | Information ratio | -0.27 |
ASG Corp 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 ASG Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ASG 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.| ASG Corp generated a negative expected return over the last 90 days |
ASG Corp Technical Analysis
ASG Corp's future price can be derived by breaking down and analyzing its technical indicators over time. ASG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ASG Corp. In general, you should focus on analyzing ASG Stock price patterns and their correlations with different microeconomic environments and drivers.
ASG Corp Predictive Forecast Models
ASG Corp's time-series forecasting models is one of many ASG Corp'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 ASG Corp'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 ASG Corp
Checking the ongoing alerts about ASG Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ASG Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ASG Corp generated a negative expected return over the last 90 days |
Other Information on Investing in ASG Stock
ASG Corp financial ratios help investors to determine whether ASG 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 ASG with respect to the benefits of owning ASG Corp security.