DOMESCO Medical (Vietnam) Price Patterns

DMC Stock   61,700  200.00  0.32%   
The value of RSI of DOMESCO Medical's share price is above 70 as of today suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling DOMESCO, making its price go up or down.

Momentum 70

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of DOMESCO Medical's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with DOMESCO Medical Import, which may create opportunities for some arbitrage if properly timed.
Using DOMESCO Medical hype-based prediction, you can estimate the value of DOMESCO Medical Import from the perspective of DOMESCO Medical response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in DOMESCO Medical to buy its stock at a price that has no basis in reality. In that case, they are not buying DOMESCO because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

DOMESCO Medical after-hype prediction price

    
  VND 61700.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out DOMESCO Medical Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
50,50450,50667,870
Details
Naive
Forecast
LowNextHigh
60,95160,95260,953
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
58,52560,71262,900
Details

DOMESCO Medical After-Hype Price Density Analysis

As far as predicting the price of DOMESCO Medical at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in DOMESCO Medical or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of DOMESCO Medical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

DOMESCO Medical Estimiated After-Hype Price Volatility

In the context of predicting DOMESCO Medical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on DOMESCO Medical's historical news coverage. DOMESCO Medical's after-hype downside and upside margins for the prediction period are 61,699 and 61,701, respectively. We have considered DOMESCO Medical's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
61,700
61,699
Downside
61,700
After-hype Price
61,701
Upside
DOMESCO Medical is very steady at this time. Analysis and calculation of next after-hype price of DOMESCO Medical Import is based on 3 months time horizon.

DOMESCO Medical Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as DOMESCO Medical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DOMESCO Medical backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with DOMESCO Medical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.06 
1.02
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
61,700
61,700
0.00 
0.00  
Notes

DOMESCO Medical Hype Timeline

DOMESCO Medical Import is currently traded for 61,700on Vietnam Stocks of Vietnam. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. DOMESCO is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.06%. %. The volatility of related hype on DOMESCO Medical is about 0.0%, with the expected price after the next announcement by competition of 61,700. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in a few days.
Check out DOMESCO Medical Basic Forecasting Models to cross-verify your projections.

DOMESCO Medical Related Hype Analysis

Having access to credible news sources related to DOMESCO Medical's direct competition is more important than ever and may enhance your ability to predict DOMESCO Medical's future price movements. Getting to know how DOMESCO Medical's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how DOMESCO Medical may potentially react to the hype associated with one of its peers.

DOMESCO Medical Additional Predictive Modules

Most predictive techniques to examine DOMESCO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for DOMESCO using various technical indicators. When you analyze DOMESCO charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About DOMESCO Medical Predictive Indicators

The successful prediction of DOMESCO Medical stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as DOMESCO Medical Import, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of DOMESCO Medical based on analysis of DOMESCO Medical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to DOMESCO Medical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to DOMESCO Medical's related companies.

Pair Trading with DOMESCO Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DOMESCO Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DOMESCO Medical will appreciate offsetting losses from the drop in the long position's value.

Moving together with DOMESCO Stock

  0.71ADS Damsan JSCPairCorr

Moving against DOMESCO Stock

  0.5ABS Binhthuan AgriculturePairCorr
  0.42AME Alphanam MEPairCorr
  0.32FIT FIT INVEST JSCPairCorr
The ability to find closely correlated positions to DOMESCO Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DOMESCO Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DOMESCO Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DOMESCO Medical Import to buy it.
The correlation of DOMESCO Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DOMESCO Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DOMESCO Medical Import moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DOMESCO Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in DOMESCO Stock

DOMESCO Medical financial ratios help investors to determine whether DOMESCO 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 DOMESCO with respect to the benefits of owning DOMESCO Medical security.