VietinBank Securities (Vietnam) Probability of Future Stock Price Finishing Over 36,805
| CTS Stock | 36,100 250.00 0.69% |
VietinBank |
VietinBank Securities Target Price Odds to finish over 36,805
The tendency of VietinBank 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 above the current price in 90 days |
| 36,100 | 90 days | 36,100 | about 79.05 |
Based on a normal probability distribution, the odds of VietinBank Securities to move above the current price in 90 days from now is about 79.05 (This VietinBank Securities JSC probability density function shows the probability of VietinBank Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon VietinBank Securities has a beta of 0.21 suggesting as returns on the market go up, VietinBank Securities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VietinBank Securities JSC will be expected to be much smaller as well. Additionally VietinBank Securities 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. VietinBank Securities Price Density |
| Price |
Predictive Modules for VietinBank Securities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as VietinBank Securities 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.VietinBank Securities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. VietinBank Securities is not an exception. The market had few large corrections towards the VietinBank Securities' 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 VietinBank Securities JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of VietinBank Securities within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2,073 | |
Ir | Information ratio | -0.1 |
VietinBank Securities 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 VietinBank Securities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for VietinBank Securities JSC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| VietinBank Securities generated a negative expected return over the last 90 days |
VietinBank Securities Technical Analysis
VietinBank Securities' future price can be derived by breaking down and analyzing its technical indicators over time. VietinBank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of VietinBank Securities JSC. In general, you should focus on analyzing VietinBank Stock price patterns and their correlations with different microeconomic environments and drivers.
VietinBank Securities Predictive Forecast Models
VietinBank Securities' time-series forecasting models is one of many VietinBank Securities' 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 VietinBank Securities' 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 VietinBank Securities JSC
Checking the ongoing alerts about VietinBank Securities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for VietinBank Securities JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| VietinBank Securities generated a negative expected return over the last 90 days |
Other Information on Investing in VietinBank Stock
VietinBank Securities financial ratios help investors to determine whether VietinBank 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 VietinBank with respect to the benefits of owning VietinBank Securities security.