VietinBank Securities (Vietnam) Probability of Future Stock Price Finishing Under 21000.0
| CTS Stock | 36,750 1,600 4.55% |
VietinBank |
VietinBank Securities Target Price Odds to finish below 21000.0
The tendency of VietinBank 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 drop to 21,000 or more in 90 days |
| 36,750 | 90 days | 21,000 | near 1 |
Based on a normal probability distribution, the odds of VietinBank Securities to drop to 21,000 or more in 90 days from now is near 1 (This VietinBank Securities JSC probability density function shows the probability of VietinBank Stock to fall within a particular range of prices over 90 days) . Probability of VietinBank Securities JSC price to stay between 21,000 and its current price of 36750.0 at the end of the 90-day period is about 97.0 .
Assuming the 90 days trading horizon VietinBank Securities JSC has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding VietinBank Securities are expected to decrease at a much lower rate. During a bear market, however, VietinBank Securities JSC is likely to outperform the market. Additionally VietinBank Securities JSC has an alpha of 0.1174, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). VietinBank Securities Price Density |
| Price |
Predictive Modules for VietinBank Securities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VietinBank Securities 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.VietinBank Securities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VietinBank Securities is not an exception. The market had few large corrections towards the VietinBank Securities' 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 VietinBank Securities JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VietinBank Securities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1,028 | |
Ir | Information ratio | 0.08 |
VietinBank Securities Technical Analysis
VietinBank Securities' future price can be derived by breaking down and analyzing its technical indicators over time. VietinBank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VietinBank Securities JSC. In general, you should focus on analyzing VietinBank Stock price patterns and their correlations with different microeconomic environments and drivers.
VietinBank Securities Predictive Forecast Models
VietinBank Securities' time-series forecasting models is one of many VietinBank Securities' 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 VietinBank Securities' 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 VietinBank Securities 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, VietinBank Securities' short interest history, or implied volatility extrapolated from VietinBank Securities options trading.
Other Information on Investing in VietinBank Stock
VietinBank Securities financial ratios help investors to determine whether VietinBank 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 VietinBank with respect to the benefits of owning VietinBank Securities security.