PT Multitrend (Indonesia) Probability of Future Stock Price Finishing Over 302.83
| BABY Stock | 304.00 2.00 0.65% |
BABY |
PT Multitrend Target Price Odds to finish over 302.83
The tendency of BABY 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 302.83 in 90 days |
| 304.00 | 90 days | 302.83 | nearly 4.75 |
Based on a normal probability distribution, the odds of PT Multitrend to stay above 302.83 in 90 days from now is nearly 4.75 (This PT Multitrend Indo probability density function shows the probability of BABY Stock to fall within a particular range of prices over 90 days) . Probability of PT Multitrend Indo price to stay between 302.83 and its current price of 304.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon PT Multitrend Indo has a beta of -0.0856 suggesting as returns on the benchmark increase, returns on holding PT Multitrend are expected to decrease at a much lower rate. During a bear market, however, PT Multitrend Indo is likely to outperform the market. Additionally PT Multitrend Indo has an alpha of 0.6962, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PT Multitrend Price Density |
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Predictive Modules for PT Multitrend
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Multitrend Indo. 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.PT Multitrend Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Multitrend is not an exception. The market had few large corrections towards the PT Multitrend'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 PT Multitrend Indo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Multitrend within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 38.85 | |
Ir | Information ratio | 0.12 |
PT Multitrend 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 PT Multitrend for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Multitrend Indo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PT Multitrend Indo is way too risky over 90 days horizon | |
| PT Multitrend Indo appears to be risky and price may revert if volatility continues |
PT Multitrend Technical Analysis
PT Multitrend's future price can be derived by breaking down and analyzing its technical indicators over time. BABY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Multitrend Indo. In general, you should focus on analyzing BABY Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Multitrend Predictive Forecast Models
PT Multitrend's time-series forecasting models is one of many PT Multitrend'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 PT Multitrend'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 PT Multitrend Indo
Checking the ongoing alerts about PT Multitrend for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Multitrend Indo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.