Quang Nam (Vietnam) Probability of Future Stock Price Finishing Under 15,694
| QTC Stock | 15,500 400.00 2.52% |
Quang |
Quang Nam Target Price Odds to finish below 15,694
The tendency of Quang 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 |
| 15,500 | 90 days | 15,500 | about 90.86 |
Based on a normal probability distribution, the odds of Quang Nam to move below current price in 90 days from now is about 90.86 (This Quang Nam Transportation probability density function shows the probability of Quang Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Quang Nam Transportation has a beta of -0.37 indicating as returns on the benchmark increase, returns on holding Quang Nam are expected to decrease at a much lower rate. During a bear market, however, Quang Nam Transportation is likely to outperform the market. Additionally Quang Nam Transportation has an alpha of 0.5308, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Quang Nam Price Density |
| Price |
Predictive Modules for Quang Nam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Quang Nam Transportation. 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.Quang Nam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Quang Nam is not an exception. The market had few large corrections towards the Quang Nam'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 Quang Nam Transportation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Quang Nam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 1,249 | |
Ir | Information ratio | 0.07 |
Quang Nam 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 Quang Nam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Quang Nam Transportation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Quang Nam had very high historical volatility over the last 90 days |
Quang Nam Technical Analysis
Quang Nam's future price can be derived by breaking down and analyzing its technical indicators over time. Quang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Quang Nam Transportation. In general, you should focus on analyzing Quang Stock price patterns and their correlations with different microeconomic environments and drivers.
Quang Nam Predictive Forecast Models
Quang Nam's time-series forecasting models is one of many Quang Nam'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 Quang Nam'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 Quang Nam Transportation
Checking the ongoing alerts about Quang Nam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Quang Nam Transportation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Quang Nam had very high historical volatility over the last 90 days |
Other Information on Investing in Quang Stock
Quang Nam financial ratios help investors to determine whether Quang 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 Quang with respect to the benefits of owning Quang Nam security.