BIDV Insurance (Vietnam) Probability of Future Stock Price Finishing Under 23,174
| BIC Stock | 34,850 1,750 5.29% |
BIDV |
BIDV Insurance Target Price Odds to finish below 23,174
The tendency of BIDV 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 |
| 34,850 | 90 days | 34,850 | roughly 97.0 |
Based on a normal probability distribution, the odds of BIDV Insurance to move below current price in 90 days from now is roughly 97.0 (This BIDV Insurance Corp probability density function shows the probability of BIDV Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon BIDV Insurance has a beta of 0.11 suggesting as returns on the market go up, BIDV Insurance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BIDV Insurance Corp will be expected to be much smaller as well. Additionally BIDV Insurance 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. BIDV Insurance Price Density |
| Price |
Predictive Modules for BIDV Insurance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BIDV Insurance 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.BIDV Insurance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BIDV Insurance is not an exception. The market had few large corrections towards the BIDV Insurance'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 BIDV Insurance Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BIDV Insurance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 1,331 | |
Ir | Information ratio | -0.09 |
BIDV Insurance Technical Analysis
BIDV Insurance's future price can be derived by breaking down and analyzing its technical indicators over time. BIDV Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BIDV Insurance Corp. In general, you should focus on analyzing BIDV Stock price patterns and their correlations with different microeconomic environments and drivers.
BIDV Insurance Predictive Forecast Models
BIDV Insurance's time-series forecasting models is one of many BIDV Insurance'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 BIDV Insurance'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BIDV Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BIDV Insurance's short interest history, or implied volatility extrapolated from BIDV Insurance options trading.
Other Information on Investing in BIDV Stock
BIDV Insurance financial ratios help investors to determine whether BIDV 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 BIDV with respect to the benefits of owning BIDV Insurance security.