MHC JSC (Vietnam) Odds of Future Stock Price Finishing Over 7,426
| MHC Stock | 6,550 250.00 3.97% |
MHC |
MHC JSC Target Price Odds to finish over 7,426
The tendency of MHC 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 above the current price in 90 days |
| 6,550 | 90 days | 6,550 | about 82.02 |
Based on a normal probability distribution, the odds of MHC JSC to move above the current price in 90 days from now is about 82.02 (This MHC JSC probability density function shows the probability of MHC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon MHC JSC has a beta of 0.28. This indicates as returns on the market go up, MHC JSC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MHC JSC will be expected to be much smaller as well. Additionally MHC 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. MHC JSC Price Density |
| Price |
Predictive Modules for MHC JSC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MHC 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.MHC JSC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MHC JSC is not an exception. The market had few large corrections towards the MHC JSC'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 MHC JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MHC JSC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 400.90 | |
Ir | Information ratio | -0.15 |
MHC JSC 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 MHC JSC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MHC 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.| MHC JSC generated a negative expected return over the last 90 days |
MHC JSC Technical Analysis
MHC JSC's future price can be derived by breaking down and analyzing its technical indicators over time. MHC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MHC JSC. In general, you should focus on analyzing MHC Stock price patterns and their correlations with different microeconomic environments and drivers.
MHC JSC Predictive Forecast Models
MHC JSC's time-series forecasting models is one of many MHC JSC'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 MHC JSC'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 MHC JSC
Checking the ongoing alerts about MHC JSC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MHC JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MHC JSC generated a negative expected return over the last 90 days |
Other Information on Investing in MHC Stock
MHC JSC financial ratios help investors to determine whether MHC 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 MHC with respect to the benefits of owning MHC JSC security.