La Hien (Vietnam) Odds of Future Stock Price Finishing Over 21747.53
| CLH Stock | 21,800 200.00 0.91% |
CLH |
La Hien Target Price Odds to finish over 21747.53
The tendency of CLH 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 above 21,748 in 90 days |
| 21,800 | 90 days | 21,748 | about 98.0 |
Based on a normal probability distribution, the odds of La Hien to stay above 21,748 in 90 days from now is about 98.0 (This La Hien Cement probability density function shows the probability of CLH Stock to fall within a particular range of prices over 90 days) . Probability of La Hien Cement price to stay between 21,748 and its current price of 21800.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon La Hien Cement has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding La Hien are expected to decrease at a much lower rate. During a bear market, however, La Hien Cement is likely to outperform the market. Additionally La Hien Cement 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. La Hien Price Density |
| Price |
Predictive Modules for La Hien
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as La Hien Cement. 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.La Hien Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. La Hien is not an exception. The market had few large corrections towards the La Hien'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 La Hien Cement, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of La Hien within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 360.79 | |
Ir | Information ratio | -0.2 |
La Hien 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 La Hien for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for La Hien Cement can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| La Hien Cement generated a negative expected return over the last 90 days |
La Hien Technical Analysis
La Hien's future price can be derived by breaking down and analyzing its technical indicators over time. CLH Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of La Hien Cement. In general, you should focus on analyzing CLH Stock price patterns and their correlations with different microeconomic environments and drivers.
La Hien Predictive Forecast Models
La Hien's time-series forecasting models is one of many La Hien'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 La Hien'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 La Hien Cement
Checking the ongoing alerts about La Hien for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for La Hien Cement help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| La Hien Cement generated a negative expected return over the last 90 days |