Airasia Group Berhad Stock Probability of Future Pink Sheet Price Finishing Over 15.62
| AIABF Stock | USD 0.20 0.02 11.11% |
AirAsia |
AirAsia Group Target Price Odds to finish over 15.62
The tendency of AirAsia Pink Sheet 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 $ 15.62 or more in 90 days |
| 0.20 | 90 days | 15.62 | close to zero percent |
Based on a normal probability distribution, the odds of AirAsia Group to move over $ 15.62 or more in 90 days from now is close to zero percent (This AirAsia Group Berhad probability density function shows the probability of AirAsia Pink Sheet to fall within a particular range of prices over 90 days) . Probability of AirAsia Group Berhad price to stay between its current price of $ 0.20 and $ 15.62 at the end of the 90-day period is about 30.49 .
Assuming the 90 days horizon AirAsia Group Berhad has a beta of -0.76. This suggests as returns on the benchmark increase, returns on holding AirAsia Group are expected to decrease at a much lower rate. During a bear market, however, AirAsia Group Berhad is likely to outperform the market. Additionally AirAsia Group Berhad has an alpha of 0.2923, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). AirAsia Group Price Density |
| Price |
Predictive Modules for AirAsia Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AirAsia Group Berhad. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.AirAsia Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AirAsia Group is not an exception. The market had few large corrections towards the AirAsia Group'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 AirAsia Group Berhad, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AirAsia Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.01 |
AirAsia Group 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 AirAsia Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AirAsia Group Berhad can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AirAsia Group Berhad had very high historical volatility over the last 90 days | |
| AirAsia Group Berhad has some characteristics of a very speculative penny stock | |
| AirAsia Group Berhad has accumulated 1.42 B in total debt. AirAsia Group Berhad has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AirAsia Group until it has trouble settling it off, either with new capital or with free cash flow. So, AirAsia Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AirAsia Group Berhad sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AirAsia to invest in growth at high rates of return. When we think about AirAsia Group's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.84 B. Net Loss for the year was (2.99 B) with loss before overhead, payroll, taxes, and interest of (515.77 M). | |
| AirAsia Group Berhad has accumulated about 670.9 M in cash with (677.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Roughly 51.0% of the company shares are held by company insiders |
AirAsia Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of AirAsia Pink Sheet often depends not only on the future outlook of the current and potential AirAsia Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. AirAsia Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.9 B |
AirAsia Group Technical Analysis
AirAsia Group's future price can be derived by breaking down and analyzing its technical indicators over time. AirAsia Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AirAsia Group Berhad. In general, you should focus on analyzing AirAsia Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
AirAsia Group Predictive Forecast Models
AirAsia Group's time-series forecasting models is one of many AirAsia Group's pink sheet 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 AirAsia Group'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 pink sheet market movement and maximize returns from investment trading.
Things to note about AirAsia Group Berhad
Checking the ongoing alerts about AirAsia Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AirAsia Group Berhad help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AirAsia Group Berhad had very high historical volatility over the last 90 days | |
| AirAsia Group Berhad has some characteristics of a very speculative penny stock | |
| AirAsia Group Berhad has accumulated 1.42 B in total debt. AirAsia Group Berhad has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist AirAsia Group until it has trouble settling it off, either with new capital or with free cash flow. So, AirAsia Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AirAsia Group Berhad sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AirAsia to invest in growth at high rates of return. When we think about AirAsia Group's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.84 B. Net Loss for the year was (2.99 B) with loss before overhead, payroll, taxes, and interest of (515.77 M). | |
| AirAsia Group Berhad has accumulated about 670.9 M in cash with (677.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Roughly 51.0% of the company shares are held by company insiders |
Other Information on Investing in AirAsia Pink Sheet
AirAsia Group financial ratios help investors to determine whether AirAsia Pink Sheet 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 AirAsia with respect to the benefits of owning AirAsia Group security.