Viettel Construction (Vietnam) Probability of Future Stock Price Finishing Over 122280.0
| CTR Stock | 120,500 1,700 1.39% |
Viettel |
Viettel Construction Target Price Odds to finish over 122280.0
The tendency of Viettel 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 over 122,280 or more in 90 days |
| 120,500 | 90 days | 122,280 | about 79.41 |
Based on a normal probability distribution, the odds of Viettel Construction to move over 122,280 or more in 90 days from now is about 79.41 (This Viettel Construction JSC probability density function shows the probability of Viettel Stock to fall within a particular range of prices over 90 days) . Probability of Viettel Construction JSC price to stay between its current price of 120,500 and 122,280 at the end of the 90-day period is about 8.43 .
Assuming the 90 days trading horizon Viettel Construction has a beta of 0.18 suggesting as returns on the market go up, Viettel Construction average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Viettel Construction JSC will be expected to be much smaller as well. Additionally Viettel Construction JSC 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. Viettel Construction Price Density |
| Price |
Predictive Modules for Viettel Construction
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Viettel Construction JSC. 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.Viettel Construction Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Viettel Construction is not an exception. The market had few large corrections towards the Viettel Construction'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 Viettel Construction JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Viettel Construction within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 5,139 | |
Ir | Information ratio | -0.05 |
Viettel Construction Technical Analysis
Viettel Construction's future price can be derived by breaking down and analyzing its technical indicators over time. Viettel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Viettel Construction JSC. In general, you should focus on analyzing Viettel Stock price patterns and their correlations with different microeconomic environments and drivers.
Viettel Construction Predictive Forecast Models
Viettel Construction's time-series forecasting models is one of many Viettel Construction'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 Viettel Construction'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 Viettel Construction 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, Viettel Construction's short interest history, or implied volatility extrapolated from Viettel Construction options trading.
Other Information on Investing in Viettel Stock
Viettel Construction financial ratios help investors to determine whether Viettel 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 Viettel with respect to the benefits of owning Viettel Construction security.