DOMESCO Medical (Vietnam) Probability of Future Stock Price Finishing Under 63,995
| DMC Stock | 65,300 1,300 2.03% |
DOMESCO |
DOMESCO Medical Target Price Odds to finish below 63,995
The tendency of DOMESCO 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 below current price in 90 days |
| 65,300 | 90 days | 65,300 | about 21.87 |
Based on a normal probability distribution, the odds of DOMESCO Medical to move below current price in 90 days from now is about 21.87 (This DOMESCO Medical Import probability density function shows the probability of DOMESCO Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon DOMESCO Medical has a beta of 0.25 suggesting as returns on the market go up, DOMESCO Medical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DOMESCO Medical Import will be expected to be much smaller as well. Additionally DOMESCO Medical Import 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. DOMESCO Medical Price Density |
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Predictive Modules for DOMESCO Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DOMESCO Medical Import. 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.DOMESCO Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DOMESCO Medical is not an exception. The market had few large corrections towards the DOMESCO Medical'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 DOMESCO Medical Import, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DOMESCO Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 2,340 | |
Ir | Information ratio | -0.11 |
DOMESCO Medical 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 DOMESCO Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DOMESCO Medical Import can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DOMESCO Medical generated a negative expected return over the last 90 days |
DOMESCO Medical Technical Analysis
DOMESCO Medical's future price can be derived by breaking down and analyzing its technical indicators over time. DOMESCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DOMESCO Medical Import. In general, you should focus on analyzing DOMESCO Stock price patterns and their correlations with different microeconomic environments and drivers.
DOMESCO Medical Predictive Forecast Models
DOMESCO Medical's time-series forecasting models is one of many DOMESCO Medical'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 DOMESCO Medical'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 DOMESCO Medical Import
Checking the ongoing alerts about DOMESCO Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DOMESCO Medical Import help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DOMESCO Medical generated a negative expected return over the last 90 days |
Other Information on Investing in DOMESCO Stock
DOMESCO Medical financial ratios help investors to determine whether DOMESCO 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 DOMESCO with respect to the benefits of owning DOMESCO Medical security.