Alkindo Naratama (Indonesia) Probability of Future Stock Price Finishing Under 424.53
| ALDO Stock | IDR 595.00 10.00 1.71% |
Alkindo |
Alkindo Naratama Target Price Odds to finish below 424.53
The tendency of Alkindo 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 drop to 424.53 or more in 90 days |
| 595.00 | 90 days | 424.53 | about 17.54 |
Based on a normal probability distribution, the odds of Alkindo Naratama to drop to 424.53 or more in 90 days from now is about 17.54 (This Alkindo Naratama Tbk probability density function shows the probability of Alkindo Stock to fall within a particular range of prices over 90 days) . Probability of Alkindo Naratama Tbk price to stay between 424.53 and its current price of 595.0 at the end of the 90-day period is about 79.82 .
Assuming the 90 days trading horizon Alkindo Naratama has a beta of 0.51. This suggests as returns on the market go up, Alkindo Naratama average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alkindo Naratama Tbk will be expected to be much smaller as well. Additionally Alkindo Naratama Tbk has an alpha of 0.5442, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alkindo Naratama Price Density |
| Price |
Predictive Modules for Alkindo Naratama
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alkindo Naratama Tbk. 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.Alkindo Naratama Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alkindo Naratama is not an exception. The market had few large corrections towards the Alkindo Naratama'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 Alkindo Naratama Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alkindo Naratama within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 59.17 | |
Ir | Information ratio | 0.16 |
Alkindo Naratama 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 Alkindo Naratama for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alkindo Naratama Tbk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alkindo Naratama Tbk appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are held by company insiders |
Alkindo Naratama 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 Alkindo Stock often depends not only on the future outlook of the current and potential Alkindo Naratama'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. Alkindo Naratama's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 96.2 B |
Alkindo Naratama Technical Analysis
Alkindo Naratama's future price can be derived by breaking down and analyzing its technical indicators over time. Alkindo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alkindo Naratama Tbk. In general, you should focus on analyzing Alkindo Stock price patterns and their correlations with different microeconomic environments and drivers.
Alkindo Naratama Predictive Forecast Models
Alkindo Naratama's time-series forecasting models is one of many Alkindo Naratama'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 Alkindo Naratama'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 Alkindo Naratama Tbk
Checking the ongoing alerts about Alkindo Naratama for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alkindo Naratama Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alkindo Naratama Tbk appears to be risky and price may revert if volatility continues | |
| About 76.0% of the company shares are held by company insiders |
Other Information on Investing in Alkindo Stock
Alkindo Naratama financial ratios help investors to determine whether Alkindo 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 Alkindo with respect to the benefits of owning Alkindo Naratama security.