Nam Kim (Vietnam) Odds of Future Stock Price Finishing Under 21400.0
| NKG Stock | 19,450 100.00 0.52% |
Nam |
Nam Kim Target Price Odds to finish below 21400.0
The tendency of Nam 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 stay under 21,400 after 90 days |
| 19,450 | 90 days | 21,400 | about 66.3 |
Based on a normal probability distribution, the odds of Nam Kim to stay under 21,400 after 90 days from now is about 66.3 (This Nam Kim Steel probability density function shows the probability of Nam Stock to fall within a particular range of prices over 90 days) . Probability of Nam Kim Steel price to stay between its current price of 19,450 and 21,400 at the end of the 90-day period is about 63.3 .
Assuming the 90 days trading horizon Nam Kim has a beta of 0.78. This indicates as returns on the market go up, Nam Kim average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nam Kim Steel will be expected to be much smaller as well. Additionally Nam Kim Steel 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. Nam Kim Price Density |
| Price |
Predictive Modules for Nam Kim
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nam Kim Steel. 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.Nam Kim Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nam Kim is not an exception. The market had few large corrections towards the Nam Kim'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 Nam Kim Steel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nam Kim within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 858.42 | |
Ir | Information ratio | -0.22 |
Nam Kim 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 Nam Kim for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nam Kim Steel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nam Kim Steel generated a negative expected return over the last 90 days |
Nam Kim Technical Analysis
Nam Kim's future price can be derived by breaking down and analyzing its technical indicators over time. Nam Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nam Kim Steel. In general, you should focus on analyzing Nam Stock price patterns and their correlations with different microeconomic environments and drivers.
Nam Kim Predictive Forecast Models
Nam Kim's time-series forecasting models is one of many Nam Kim'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 Nam Kim'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 Nam Kim Steel
Checking the ongoing alerts about Nam Kim for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nam Kim Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nam Kim Steel generated a negative expected return over the last 90 days |
Other Information on Investing in Nam Stock
Nam Kim financial ratios help investors to determine whether Nam 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 Nam with respect to the benefits of owning Nam Kim security.