Nam Long (Vietnam) Odds of Future Stock Price Finishing Under 37000.0
| NLG Stock | 37,900 600.00 1.56% |
Nam |
Nam Long Target Price Odds to finish below 37000.0
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 drop to 37,000 or more in 90 days |
| 37,900 | 90 days | 37,000 | about 1.48 |
Based on a normal probability distribution, the odds of Nam Long to drop to 37,000 or more in 90 days from now is about 1.48 (This Nam Long Investment probability density function shows the probability of Nam Stock to fall within a particular range of prices over 90 days) . Probability of Nam Long Investment price to stay between 37,000 and its current price of 37900.0 at the end of the 90-day period is nearly 4.9 .
Assuming the 90 days trading horizon Nam Long has a beta of 0.3. This indicates as returns on the market go up, Nam Long average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nam Long Investment will be expected to be much smaller as well. Additionally Nam Long Investment 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 Long Price Density |
| Price |
Predictive Modules for Nam Long
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 Long Investment. 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 Long Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nam Long is not an exception. The market had few large corrections towards the Nam Long'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 Long Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nam Long within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 1,394 | |
Ir | Information ratio | -0.16 |
Nam Long 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 Long for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nam Long Investment 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 Long Investment generated a negative expected return over the last 90 days |
Nam Long Technical Analysis
Nam Long'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 Long Investment. In general, you should focus on analyzing Nam Stock price patterns and their correlations with different microeconomic environments and drivers.
Nam Long Predictive Forecast Models
Nam Long's time-series forecasting models is one of many Nam Long'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 Long'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 Long Investment
Checking the ongoing alerts about Nam Long for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nam Long Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nam Long Investment generated a negative expected return over the last 90 days |
Other Information on Investing in Nam Stock
Nam Long 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 Long security.