Cotec Construction (Vietnam) Probability of Future Stock Price Finishing Over 62,806
| CTD Stock | 68,300 500.00 0.74% |
Cotec |
Cotec Construction Target Price Odds to finish over 62,806
The tendency of Cotec 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 |
| 68,300 | 90 days | 68,300 | about 11.3 |
Based on a normal probability distribution, the odds of Cotec Construction to move above the current price in 90 days from now is about 11.3 (This Cotec Construction JSC probability density function shows the probability of Cotec Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Cotec Construction JSC has a beta of -0.0121 suggesting as returns on the benchmark increase, returns on holding Cotec Construction are expected to decrease at a much lower rate. During a bear market, however, Cotec Construction JSC is likely to outperform the market. Additionally Cotec Construction JSC has an alpha of 0.1752, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cotec Construction Price Density |
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Predictive Modules for Cotec 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 Cotec 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.Cotec Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cotec Construction is not an exception. The market had few large corrections towards the Cotec 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 Cotec Construction JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cotec Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 2,719 | |
Ir | Information ratio | 0.04 |
Cotec Construction Technical Analysis
Cotec Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Cotec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cotec Construction JSC. In general, you should focus on analyzing Cotec Stock price patterns and their correlations with different microeconomic environments and drivers.
Cotec Construction Predictive Forecast Models
Cotec Construction's time-series forecasting models is one of many Cotec 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 Cotec 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.
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 Cotec Construction 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, Cotec Construction's short interest history, or implied volatility extrapolated from Cotec Construction options trading.
Other Information on Investing in Cotec Stock
Cotec Construction financial ratios help investors to determine whether Cotec 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 Cotec with respect to the benefits of owning Cotec Construction security.