Book (Vietnam) Chance of Future Stock Price Finishing Under 17,288
| STC Stock | 17,000 0.00 0.00% |
Book |
Book Target Price Odds to finish below 17,288
The tendency of Book 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 |
| 17,000 | 90 days | 17,000 | about 32.1 |
Based on a normal probability distribution, the odds of Book to move below current price in 90 days from now is about 32.1 (This Book And Educational probability density function shows the probability of Book Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Book And Educational has a beta of -0.6. This usually implies as returns on the benchmark increase, returns on holding Book are expected to decrease at a much lower rate. During a bear market, however, Book And Educational is likely to outperform the market. Additionally Book And Educational has an alpha of 0.0691, implying that it can generate a 0.0691 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Book Price Density |
| Price |
Predictive Modules for Book
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Book And Educational. 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.Book Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Book is not an exception. The market had few large corrections towards the Book'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 Book And Educational, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Book within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 597.31 | |
Ir | Information ratio | -0.02 |
Book 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 Book for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Book And Educational can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Book And Educational had very high historical volatility over the last 90 days |
Book Technical Analysis
Book's future price can be derived by breaking down and analyzing its technical indicators over time. Book Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Book And Educational. In general, you should focus on analyzing Book Stock price patterns and their correlations with different microeconomic environments and drivers.
Book Predictive Forecast Models
Book's time-series forecasting models is one of many Book'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 Book'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 Book And Educational
Checking the ongoing alerts about Book for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Book And Educational help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Book And Educational had very high historical volatility over the last 90 days |