Tng Investment (Vietnam) Probability of Future Stock Price Finishing Under 24200.0
| TNG Stock | 24,900 600.00 2.47% |
Tng |
Tng Investment Target Price Odds to finish below 24200.0
The tendency of Tng 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 24,200 or more in 90 days |
| 24,900 | 90 days | 24,200 | about 16.73 |
Based on a normal probability distribution, the odds of Tng Investment to drop to 24,200 or more in 90 days from now is about 16.73 (This Tng Investment And probability density function shows the probability of Tng Stock to fall within a particular range of prices over 90 days) . Probability of Tng Investment And price to stay between 24,200 and its current price of 24900.0 at the end of the 90-day period is about 21.53 .
Assuming the 90 days trading horizon Tng Investment has a beta of 0.29. This usually implies as returns on the market go up, Tng Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tng Investment And will be expected to be much smaller as well. Additionally Tng Investment And 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. Tng Investment Price Density |
| Price |
Predictive Modules for Tng Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tng Investment And. 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.Tng Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tng Investment is not an exception. The market had few large corrections towards the Tng Investment'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 Tng Investment And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tng Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 1,054 | |
Ir | Information ratio | -0.18 |
Tng Investment 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 Tng Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tng Investment And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tng Investment And generated a negative expected return over the last 90 days |
Tng Investment Technical Analysis
Tng Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Tng Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tng Investment And. In general, you should focus on analyzing Tng Stock price patterns and their correlations with different microeconomic environments and drivers.
Tng Investment Predictive Forecast Models
Tng Investment's time-series forecasting models is one of many Tng Investment'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 Tng Investment'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 Tng Investment And
Checking the ongoing alerts about Tng Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tng Investment And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tng Investment And generated a negative expected return over the last 90 days |
Other Information on Investing in Tng Stock
Tng Investment financial ratios help investors to determine whether Tng 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 Tng with respect to the benefits of owning Tng Investment security.