Kien Giang (Vietnam) Probability of Future Stock Price Finishing Over 22,952
| CKG Stock | 22,900 50.00 0.22% |
Kien |
Kien Giang Target Price Odds to finish over 22,952
The tendency of Kien 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 above the current price in 90 days |
| 22,900 | 90 days | 22,900 | close to 99 |
Based on a normal probability distribution, the odds of Kien Giang to move above the current price in 90 days from now is close to 99 (This Kien Giang Construction probability density function shows the probability of Kien Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Kien Giang Construction has a beta of -0.14 suggesting as returns on the benchmark increase, returns on holding Kien Giang are expected to decrease at a much lower rate. During a bear market, however, Kien Giang Construction is likely to outperform the market. Additionally Kien Giang Construction 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. Kien Giang Price Density |
| Price |
Predictive Modules for Kien Giang
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kien Giang Construction. 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.Kien Giang Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kien Giang is not an exception. The market had few large corrections towards the Kien Giang'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 Kien Giang Construction, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kien Giang within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 950.74 | |
Ir | Information ratio | -0.16 |
Kien Giang 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 Kien Giang for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kien Giang Construction can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kien Giang generated a negative expected return over the last 90 days |
Kien Giang Technical Analysis
Kien Giang's future price can be derived by breaking down and analyzing its technical indicators over time. Kien Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kien Giang Construction. In general, you should focus on analyzing Kien Stock price patterns and their correlations with different microeconomic environments and drivers.
Kien Giang Predictive Forecast Models
Kien Giang's time-series forecasting models is one of many Kien Giang'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 Kien Giang'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 Kien Giang Construction
Checking the ongoing alerts about Kien Giang for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kien Giang Construction help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kien Giang generated a negative expected return over the last 90 days |
Other Information on Investing in Kien Stock
Kien Giang financial ratios help investors to determine whether Kien 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 Kien with respect to the benefits of owning Kien Giang security.