Dong Nai (Vietnam) Odds of Future Stock Price Finishing Under 21,487
| DNP Stock | 20,500 300.00 1.49% |
Dong |
Dong Nai Target Price Odds to finish below 21,487
The tendency of Dong 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 |
| 20,500 | 90 days | 20,500 | about 26.48 |
Based on a normal probability distribution, the odds of Dong Nai to move below current price in 90 days from now is about 26.48 (This Dong Nai Plastic probability density function shows the probability of Dong Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Dong Nai Plastic has a beta of -0.65 suggesting as returns on the benchmark increase, returns on holding Dong Nai are expected to decrease at a much lower rate. During a bear market, however, Dong Nai Plastic is likely to outperform the market. Additionally Dong Nai Plastic has an alpha of 0.1989, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dong Nai Price Density |
| Price |
Predictive Modules for Dong Nai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dong Nai Plastic. 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.Dong Nai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dong Nai is not an exception. The market had few large corrections towards the Dong Nai'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 Dong Nai Plastic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dong Nai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 1,494 | |
Ir | Information ratio | -0.0027 |
Dong Nai 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 Dong Nai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dong Nai Plastic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dong Nai Plastic generated a negative expected return over the last 90 days | |
| Dong Nai Plastic has high historical volatility and very poor performance |
Dong Nai Technical Analysis
Dong Nai's future price can be derived by breaking down and analyzing its technical indicators over time. Dong Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dong Nai Plastic. In general, you should focus on analyzing Dong Stock price patterns and their correlations with different microeconomic environments and drivers.
Dong Nai Predictive Forecast Models
Dong Nai's time-series forecasting models is one of many Dong Nai'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 Dong Nai'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 Dong Nai Plastic
Checking the ongoing alerts about Dong Nai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dong Nai Plastic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dong Nai Plastic generated a negative expected return over the last 90 days | |
| Dong Nai Plastic has high historical volatility and very poor performance |
Other Information on Investing in Dong Stock
Dong Nai financial ratios help investors to determine whether Dong 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 Dong with respect to the benefits of owning Dong Nai security.