SCG Construction (Vietnam) Probability of Future Stock Price Finishing Over 65860.47
| SCG Stock | 65,600 100.00 0.15% |
SCG |
SCG Construction Target Price Odds to finish over 65860.47
The tendency of SCG 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 over 65,860 or more in 90 days |
| 65,600 | 90 days | 65,860 | nearly 4.77 |
Based on a normal probability distribution, the odds of SCG Construction to move over 65,860 or more in 90 days from now is nearly 4.77 (This SCG Construction JSC probability density function shows the probability of SCG Stock to fall within a particular range of prices over 90 days) . Probability of SCG Construction JSC price to stay between its current price of 65,600 and 65,860 at the end of the 90-day period is about 11.88 .
Assuming the 90 days trading horizon SCG Construction has a beta of 0.0605. This usually implies as returns on the market go up, SCG Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SCG Construction JSC will be expected to be much smaller as well. Additionally SCG Construction 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. SCG Construction Price Density |
| Price |
Predictive Modules for SCG Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SCG Construction 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.SCG Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SCG Construction is not an exception. The market had few large corrections towards the SCG Construction'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 SCG Construction JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SCG Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 372.47 | |
Ir | Information ratio | -0.36 |
SCG Construction Technical Analysis
SCG Construction's future price can be derived by breaking down and analyzing its technical indicators over time. SCG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SCG Construction JSC. In general, you should focus on analyzing SCG Stock price patterns and their correlations with different microeconomic environments and drivers.
SCG Construction Predictive Forecast Models
SCG Construction's time-series forecasting models is one of many SCG Construction'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 SCG Construction'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SCG Construction in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SCG Construction's short interest history, or implied volatility extrapolated from SCG Construction options trading.
Other Information on Investing in SCG Stock
SCG Construction financial ratios help investors to determine whether SCG 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 SCG with respect to the benefits of owning SCG Construction security.