Saranacentral Bajatama (Indonesia) Probability of Future Stock Price Finishing Under 101.48
| BAJA Stock | IDR 99.00 1.00 1.00% |
Saranacentral |
Saranacentral Bajatama Target Price Odds to finish below 101.48
The tendency of Saranacentral 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 under 101.48 after 90 days |
| 99.00 | 90 days | 101.48 | about 44.71 |
Based on a normal probability distribution, the odds of Saranacentral Bajatama to stay under 101.48 after 90 days from now is about 44.71 (This Saranacentral Bajatama Tbk probability density function shows the probability of Saranacentral Stock to fall within a particular range of prices over 90 days) . Probability of Saranacentral Bajatama price to stay between its current price of 99.00 and 101.48 at the end of the 90-day period is about 25.99 .
Assuming the 90 days trading horizon Saranacentral Bajatama Tbk has a beta of -0.49 suggesting as returns on the benchmark increase, returns on holding Saranacentral Bajatama are expected to decrease at a much lower rate. During a bear market, however, Saranacentral Bajatama Tbk is likely to outperform the market. Additionally Saranacentral Bajatama Tbk has an alpha of 0.0159, implying that it can generate a 0.0159 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Saranacentral Bajatama Price Density |
| Price |
Predictive Modules for Saranacentral Bajatama
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saranacentral Bajatama. 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.Saranacentral Bajatama Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Saranacentral Bajatama is not an exception. The market had few large corrections towards the Saranacentral Bajatama'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 Saranacentral Bajatama Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Saranacentral Bajatama within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 3.30 | |
Ir | Information ratio | -0.05 |
Saranacentral Bajatama 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 Saranacentral Bajatama for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Saranacentral Bajatama can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Saranacentral Bajatama generated a negative expected return over the last 90 days | |
| Saranacentral Bajatama has high historical volatility and very poor performance | |
| About 78.0% of the company shares are held by company insiders |
Saranacentral Bajatama 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 Saranacentral Stock often depends not only on the future outlook of the current and potential Saranacentral Bajatama'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. Saranacentral Bajatama's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 129.3 B |
Saranacentral Bajatama Technical Analysis
Saranacentral Bajatama's future price can be derived by breaking down and analyzing its technical indicators over time. Saranacentral Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Saranacentral Bajatama Tbk. In general, you should focus on analyzing Saranacentral Stock price patterns and their correlations with different microeconomic environments and drivers.
Saranacentral Bajatama Predictive Forecast Models
Saranacentral Bajatama's time-series forecasting models is one of many Saranacentral Bajatama'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 Saranacentral Bajatama'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 Saranacentral Bajatama
Checking the ongoing alerts about Saranacentral Bajatama for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Saranacentral Bajatama help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Saranacentral Bajatama generated a negative expected return over the last 90 days | |
| Saranacentral Bajatama has high historical volatility and very poor performance | |
| About 78.0% of the company shares are held by company insiders |
Other Information on Investing in Saranacentral Stock
Saranacentral Bajatama financial ratios help investors to determine whether Saranacentral 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 Saranacentral with respect to the benefits of owning Saranacentral Bajatama security.