Taseco Air (Vietnam) Probability of Future Stock Price Finishing Over 53691.8
| AST Stock | 53,400 400.00 0.74% |
Taseco |
Taseco Air Target Price Odds to finish over 53691.8
The tendency of Taseco 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 over 53,692 or more in 90 days |
| 53,400 | 90 days | 53,692 | about 69.86 |
Based on a normal probability distribution, the odds of Taseco Air to move over 53,692 or more in 90 days from now is about 69.86 (This Taseco Air Services probability density function shows the probability of Taseco Stock to fall within a particular range of prices over 90 days) . Probability of Taseco Air Services price to stay between its current price of 53,400 and 53,692 at the end of the 90-day period is about 9.34 .
Assuming the 90 days trading horizon Taseco Air has a beta of 0.14. This suggests as returns on the market go up, Taseco Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taseco Air Services will be expected to be much smaller as well. Additionally Taseco Air Services 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. Taseco Air Price Density |
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Predictive Modules for Taseco Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taseco Air Services. 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.Taseco Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taseco Air is not an exception. The market had few large corrections towards the Taseco Air'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 Taseco Air Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taseco Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 995.65 | |
Ir | Information ratio | -0.23 |
Taseco Air 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 Taseco Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Taseco Air Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Taseco Air Services generated a negative expected return over the last 90 days |
Taseco Air Technical Analysis
Taseco Air's future price can be derived by breaking down and analyzing its technical indicators over time. Taseco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taseco Air Services. In general, you should focus on analyzing Taseco Stock price patterns and their correlations with different microeconomic environments and drivers.
Taseco Air Predictive Forecast Models
Taseco Air's time-series forecasting models is one of many Taseco Air'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 Taseco Air'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 Taseco Air Services
Checking the ongoing alerts about Taseco Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Taseco Air Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Taseco Air Services generated a negative expected return over the last 90 days |
Other Information on Investing in Taseco Stock
Taseco Air financial ratios help investors to determine whether Taseco 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 Taseco with respect to the benefits of owning Taseco Air security.