DHG Pharmaceutical (Vietnam) Probability of Future Stock Price Finishing Under 107000.0
| DHG Stock | 101,000 500.00 0.50% |
DHG |
DHG Pharmaceutical Target Price Odds to finish below 107000.0
The tendency of DHG 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 107,000 after 90 days |
| 101,000 | 90 days | 107,000 | about 75.76 |
Based on a normal probability distribution, the odds of DHG Pharmaceutical to stay under 107,000 after 90 days from now is about 75.76 (This DHG Pharmaceutical JSC probability density function shows the probability of DHG Stock to fall within a particular range of prices over 90 days) . Probability of DHG Pharmaceutical JSC price to stay between its current price of 101,000 and 107,000 at the end of the 90-day period is about 68.77 .
Assuming the 90 days trading horizon DHG Pharmaceutical has a beta of 0.094 suggesting as returns on the market go up, DHG Pharmaceutical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DHG Pharmaceutical JSC will be expected to be much smaller as well. Additionally DHG Pharmaceutical 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. DHG Pharmaceutical Price Density |
| Price |
Predictive Modules for DHG Pharmaceutical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DHG Pharmaceutical 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.DHG Pharmaceutical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DHG Pharmaceutical is not an exception. The market had few large corrections towards the DHG Pharmaceutical'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 DHG Pharmaceutical JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DHG Pharmaceutical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 2,774 | |
Ir | Information ratio | -0.4 |
DHG Pharmaceutical 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 DHG Pharmaceutical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DHG Pharmaceutical 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.| DHG Pharmaceutical generated a negative expected return over the last 90 days |
DHG Pharmaceutical Technical Analysis
DHG Pharmaceutical's future price can be derived by breaking down and analyzing its technical indicators over time. DHG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DHG Pharmaceutical JSC. In general, you should focus on analyzing DHG Stock price patterns and their correlations with different microeconomic environments and drivers.
DHG Pharmaceutical Predictive Forecast Models
DHG Pharmaceutical's time-series forecasting models is one of many DHG Pharmaceutical'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 DHG Pharmaceutical'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 DHG Pharmaceutical JSC
Checking the ongoing alerts about DHG Pharmaceutical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DHG Pharmaceutical JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DHG Pharmaceutical generated a negative expected return over the last 90 days |