Taseco Air (Vietnam) Probability of Future Stock Price Finishing Under 56200.0
| AST Stock | 55,700 500.00 0.89% |
Taseco |
Taseco Air Target Price Odds to finish below 56200.0
The tendency of Taseco 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 56,200 after 90 days |
| 55,700 | 90 days | 56,200 | close to 99 |
Based on a normal probability distribution, the odds of Taseco Air to stay under 56,200 after 90 days from now is close to 99 (This Taseco Air Services probability density function shows the probability of Taseco Stock to fall within a particular range of prices over 90 days) . Probability of Taseco Air Services price to stay between its current price of 55,700 and 56,200 at the end of the 90-day period is roughly 2.43 .
Assuming the 90 days trading horizon Taseco Air has a beta of 0.0185. This suggests as returns on the market go up, Taseco Air average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Taseco Air Services will be expected to be much smaller as well. Additionally Taseco Air Services 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. Taseco Air Price Density |
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Predictive Modules for Taseco Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Taseco Air Services. 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.Taseco Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Taseco Air is not an exception. The market had few large corrections towards the Taseco Air'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 Taseco Air Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Taseco Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0009 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 758.11 | |
Ir | Information ratio | -0.04 |
Taseco Air Technical Analysis
Taseco Air's future price can be derived by breaking down and analyzing its technical indicators over time. Taseco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Taseco Air Services. In general, you should focus on analyzing Taseco Stock price patterns and their correlations with different microeconomic environments and drivers.
Taseco Air Predictive Forecast Models
Taseco Air's time-series forecasting models is one of many Taseco Air'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 Taseco Air'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 Taseco Air 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, Taseco Air's short interest history, or implied volatility extrapolated from Taseco Air options trading.
Other Information on Investing in Taseco Stock
Taseco Air financial ratios help investors to determine whether Taseco 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 Taseco with respect to the benefits of owning Taseco Air security.