HNX (Vietnam) Chance of Future Index Price Finishing Over 224.64
| HNXI Index | 224.64 1.07 0.48% |
HNX Target Price Odds to finish over 224.64
The tendency of HNX Index 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 above the current price in 90 days |
| 224.64 | 90 days | 224.64 | about 82.63 |
Based on a normal probability distribution, the odds of HNX to move above the current price in 90 days from now is about 82.63 (This HNX probability density function shows the probability of HNX Index to fall within a particular range of prices over 90 days) .
HNX Price Density |
| Price |
Predictive Modules for HNX
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HNX. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.HNX Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HNX is not an exception. The market had few large corrections towards the HNX'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 HNX, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HNX within the framework of very fundamental risk indicators.HNX 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 HNX for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HNX can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HNX generated a negative expected return over the last 90 days |
HNX Technical Analysis
HNX's future price can be derived by breaking down and analyzing its technical indicators over time. HNX Index technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HNX. In general, you should focus on analyzing HNX Index price patterns and their correlations with different microeconomic environments and drivers.
HNX Predictive Forecast Models
HNX's time-series forecasting models is one of many HNX's index 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 HNX'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 index market movement and maximize returns from investment trading.
Things to note about HNX
Checking the ongoing alerts about HNX for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HNX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HNX generated a negative expected return over the last 90 days |