EVN Finance (Vietnam) Probability of Future Stock Price Finishing Over 7927.5
| EVF Stock | 8,850 350.00 4.12% |
EVN |
EVN Finance Target Price Odds to finish over 7927.5
The tendency of EVN 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 above 7,928 in 90 days |
| 8,850 | 90 days | 7,928 | close to 99 |
Based on a normal probability distribution, the odds of EVN Finance to stay above 7,928 in 90 days from now is close to 99 (This EVN Finance JSC probability density function shows the probability of EVN Stock to fall within a particular range of prices over 90 days) . Probability of EVN Finance JSC price to stay between 7,928 and its current price of 8850.0 at the end of the 90-day period is about 1.12 .
Assuming the 90 days trading horizon EVN Finance has a beta of 0.21 suggesting as returns on the market go up, EVN Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EVN Finance JSC will be expected to be much smaller as well. Additionally EVN Finance 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. EVN Finance Price Density |
| Price |
Predictive Modules for EVN Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EVN Finance 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.EVN Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EVN Finance is not an exception. The market had few large corrections towards the EVN Finance'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 EVN Finance JSC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EVN Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 664.69 | |
Ir | Information ratio | -0.17 |
EVN Finance 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 EVN Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EVN Finance 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.| EVN Finance JSC generated a negative expected return over the last 90 days |
EVN Finance Technical Analysis
EVN Finance's future price can be derived by breaking down and analyzing its technical indicators over time. EVN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EVN Finance JSC. In general, you should focus on analyzing EVN Stock price patterns and their correlations with different microeconomic environments and drivers.
EVN Finance Predictive Forecast Models
EVN Finance's time-series forecasting models is one of many EVN Finance'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 EVN Finance'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 EVN Finance JSC
Checking the ongoing alerts about EVN Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EVN Finance JSC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EVN Finance JSC generated a negative expected return over the last 90 days |
Other Information on Investing in EVN Stock
EVN Finance financial ratios help investors to determine whether EVN 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 EVN with respect to the benefits of owning EVN Finance security.