HNX 30 (Vietnam) Chance of Future Index Price Finishing Over 431.90
| HNX30 Index | 481.21 9.66 2.05% |
HNX 30 Target Price Odds to finish over 431.90
The tendency of HNX Index 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 431.90 in 90 days |
| 481.21 | 90 days | 431.90 | close to 99 |
Based on a normal probability distribution, the odds of HNX 30 to stay above 431.90 in 90 days from now is close to 99 (This HNX 30 probability density function shows the probability of HNX Index to fall within a particular range of prices over 90 days) . Probability of HNX 30 price to stay between 431.90 and its current price of 481.21 at the end of the 90-day period is about 9.96 .
HNX 30 Price Density |
| Price |
Predictive Modules for HNX 30
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HNX 30. Regardless of method or technology, however, to accurately forecast the index market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the index 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HNX 30's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HNX 30. Your research has to be compared to or analyzed against HNX 30's peers to derive any actionable benefits. When done correctly, HNX 30's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HNX 30. HNX 30 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HNX 30 is not an exception. The market had few large corrections towards the HNX 30'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 HNX 30, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HNX 30 within the framework of very fundamental risk indicators.HNX 30 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 HNX 30 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HNX 30 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HNX 30 generated a negative expected return over the last 90 days |
HNX 30 Technical Analysis
HNX 30's future price can be derived by breaking down and analyzing its technical indicators over time. HNX Index technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HNX 30. In general, you should focus on analyzing HNX Index price patterns and their correlations with different microeconomic environments and drivers.
HNX 30 Predictive Forecast Models
HNX 30's time-series forecasting models is one of many HNX 30's index 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 HNX 30'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 index market movement and maximize returns from investment trading.
Things to note about HNX 30
Checking the ongoing alerts about HNX 30 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HNX 30 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HNX 30 generated a negative expected return over the last 90 days |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.