Fecon Mining (Vietnam) Probability of Future Stock Price Finishing Under 3,189
| FCM Stock | 3,060 20.00 0.65% |
Fecon |
Fecon Mining Target Price Odds to finish below 3,189
The tendency of Fecon 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 |
| 3,060 | 90 days | 3,060 | near 1 |
Based on a normal probability distribution, the odds of Fecon Mining to move below current price in 90 days from now is near 1 (This Fecon Mining JSC probability density function shows the probability of Fecon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fecon Mining has a beta of 0.14. This usually indicates as returns on the market go up, Fecon Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fecon Mining JSC will be expected to be much smaller as well. Additionally Fecon Mining 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. Fecon Mining Price Density |
| Price |
Predictive Modules for Fecon Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fecon Mining 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.Fecon Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fecon Mining is not an exception. The market had few large corrections towards the Fecon Mining'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 Fecon Mining JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fecon Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 84.33 | |
Ir | Information ratio | -0.19 |
Fecon Mining 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 Fecon Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fecon Mining 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.| Fecon Mining JSC generated a negative expected return over the last 90 days |
Fecon Mining Technical Analysis
Fecon Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Fecon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fecon Mining JSC. In general, you should focus on analyzing Fecon Stock price patterns and their correlations with different microeconomic environments and drivers.
Fecon Mining Predictive Forecast Models
Fecon Mining's time-series forecasting models is one of many Fecon Mining'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 Fecon Mining'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 Fecon Mining JSC
Checking the ongoing alerts about Fecon Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fecon Mining JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fecon Mining JSC generated a negative expected return over the last 90 days |
Other Information on Investing in Fecon Stock
Fecon Mining financial ratios help investors to determine whether Fecon 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 Fecon with respect to the benefits of owning Fecon Mining security.