Sao Mai (Vietnam) Odds of Future Stock Price Finishing Under 9030.0
| ASM Stock | 8,980 60.00 0.67% |
Sao |
Sao Mai Target Price Odds to finish below 9030.0
The tendency of Sao 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 9,030 after 90 days |
| 8,980 | 90 days | 9,030 | about 63.98 |
Based on a normal probability distribution, the odds of Sao Mai to stay under 9,030 after 90 days from now is about 63.98 (This Sao Mai Group probability density function shows the probability of Sao Stock to fall within a particular range of prices over 90 days) . Probability of Sao Mai Group price to stay between its current price of 8,980 and 9,030 at the end of the 90-day period is about 8.26 .
Assuming the 90 days trading horizon Sao Mai has a beta of 0.29. This suggests as returns on the market go up, Sao Mai average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sao Mai Group will be expected to be much smaller as well. Additionally Sao Mai Group 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. Sao Mai Price Density |
| Price |
Predictive Modules for Sao Mai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sao Mai Group. 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.Sao Mai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sao Mai is not an exception. The market had few large corrections towards the Sao Mai'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 Sao Mai Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sao Mai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 233.04 | |
Ir | Information ratio | -0.14 |
Sao Mai 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 Sao Mai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sao Mai Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sao Mai Group generated a negative expected return over the last 90 days |
Sao Mai Technical Analysis
Sao Mai's future price can be derived by breaking down and analyzing its technical indicators over time. Sao Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sao Mai Group. In general, you should focus on analyzing Sao Stock price patterns and their correlations with different microeconomic environments and drivers.
Sao Mai Predictive Forecast Models
Sao Mai's time-series forecasting models is one of many Sao Mai'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 Sao Mai'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 Sao Mai Group
Checking the ongoing alerts about Sao Mai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sao Mai Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sao Mai Group generated a negative expected return over the last 90 days |
Other Information on Investing in Sao Stock
Sao Mai financial ratios help investors to determine whether Sao 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 Sao with respect to the benefits of owning Sao Mai security.