Saigon Beer (Vietnam) Probability of Future Stock Price Finishing Under 57700.0
| SAB Stock | 55,400 100.00 0.18% |
Saigon |
Saigon Beer Target Price Odds to finish below 57700.0
The tendency of Saigon 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 57,700 after 90 days |
| 55,400 | 90 days | 57,700 | about 91.23 |
Based on a normal probability distribution, the odds of Saigon Beer to stay under 57,700 after 90 days from now is about 91.23 (This Saigon Beer Alcohol probability density function shows the probability of Saigon Stock to fall within a particular range of prices over 90 days) . Probability of Saigon Beer Alcohol price to stay between its current price of 55,400 and 57,700 at the end of the 90-day period is about 79.4 .
Assuming the 90 days trading horizon Saigon Beer has a beta of 0.13. This usually implies as returns on the market go up, Saigon Beer average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Saigon Beer Alcohol will be expected to be much smaller as well. Additionally Saigon Beer Alcohol 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. Saigon Beer Price Density |
| Price |
Predictive Modules for Saigon Beer
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saigon Beer Alcohol. 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.Saigon Beer Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saigon Beer is not an exception. The market had few large corrections towards the Saigon Beer'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 Saigon Beer Alcohol, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saigon Beer within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 904.68 | |
Ir | Information ratio | -0.23 |
Saigon Beer 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 Saigon Beer for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saigon Beer Alcohol can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Saigon Beer Alcohol generated a negative expected return over the last 90 days |
Saigon Beer Technical Analysis
Saigon Beer's future price can be derived by breaking down and analyzing its technical indicators over time. Saigon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saigon Beer Alcohol. In general, you should focus on analyzing Saigon Stock price patterns and their correlations with different microeconomic environments and drivers.
Saigon Beer Predictive Forecast Models
Saigon Beer's time-series forecasting models is one of many Saigon Beer'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 Saigon Beer'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 Saigon Beer Alcohol
Checking the ongoing alerts about Saigon Beer for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saigon Beer Alcohol help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saigon Beer Alcohol generated a negative expected return over the last 90 days |
Other Information on Investing in Saigon Stock
Saigon Beer financial ratios help investors to determine whether Saigon 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 Saigon with respect to the benefits of owning Saigon Beer security.