1369 Construction (Vietnam) Probability of Future Stock Price Finishing Under 7300.0
| C69 Stock | 6,600 200.00 3.13% |
1369 |
1369 Construction Target Price Odds to finish below 7300.0
The tendency of 1369 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 7,300 after 90 days |
| 6,600 | 90 days | 7,300 | about 47.47 |
Based on a normal probability distribution, the odds of 1369 Construction to stay under 7,300 after 90 days from now is about 47.47 (This 1369 Construction JSC probability density function shows the probability of 1369 Stock to fall within a particular range of prices over 90 days) . Probability of 1369 Construction JSC price to stay between its current price of 6,600 and 7,300 at the end of the 90-day period is about 36.19 .
Assuming the 90 days trading horizon 1369 Construction JSC has a beta of -0.3 suggesting as returns on the benchmark increase, returns on holding 1369 Construction are expected to decrease at a much lower rate. During a bear market, however, 1369 Construction JSC is likely to outperform the market. Additionally 1369 Construction JSC 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. 1369 Construction Price Density |
| Price |
Predictive Modules for 1369 Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1369 Construction JSC. 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.1369 Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 1369 Construction is not an exception. The market had few large corrections towards the 1369 Construction'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 1369 Construction JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 1369 Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 611.84 | |
Ir | Information ratio | -0.14 |
1369 Construction 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 1369 Construction for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 1369 Construction JSC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 1369 Construction generated a negative expected return over the last 90 days |
1369 Construction Technical Analysis
1369 Construction's future price can be derived by breaking down and analyzing its technical indicators over time. 1369 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 1369 Construction JSC. In general, you should focus on analyzing 1369 Stock price patterns and their correlations with different microeconomic environments and drivers.
1369 Construction Predictive Forecast Models
1369 Construction's time-series forecasting models is one of many 1369 Construction'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 1369 Construction'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 1369 Construction JSC
Checking the ongoing alerts about 1369 Construction for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 1369 Construction JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 1369 Construction generated a negative expected return over the last 90 days |
Other Information on Investing in 1369 Stock
1369 Construction financial ratios help investors to determine whether 1369 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 1369 with respect to the benefits of owning 1369 Construction security.