Mitra Angkasa (Indonesia) Probability of Future Stock Price Finishing Under 12.39
| BAUT Stock | 17.00 1.00 6.25% |
Mitra |
Mitra Angkasa Target Price Odds to finish below 12.39
The tendency of Mitra 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 12.39 or more in 90 days |
| 17.00 | 90 days | 12.39 | near 1 |
Based on a normal probability distribution, the odds of Mitra Angkasa to drop to 12.39 or more in 90 days from now is near 1 (This Mitra Angkasa Sejahtera probability density function shows the probability of Mitra Stock to fall within a particular range of prices over 90 days) . Probability of Mitra Angkasa Sejahtera price to stay between 12.39 and its current price of 17.0 at the end of the 90-day period is about 32.02 .
Assuming the 90 days trading horizon Mitra Angkasa Sejahtera has a beta of -0.0034 suggesting as returns on the benchmark increase, returns on holding Mitra Angkasa are expected to decrease at a much lower rate. During a bear market, however, Mitra Angkasa Sejahtera is likely to outperform the market. Additionally Mitra Angkasa Sejahtera has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Mitra Angkasa Price Density |
| Price |
Predictive Modules for Mitra Angkasa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mitra Angkasa Sejahtera. 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.Mitra Angkasa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mitra Angkasa is not an exception. The market had few large corrections towards the Mitra Angkasa'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 Mitra Angkasa Sejahtera, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mitra Angkasa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.0034 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | -0.04 |
Mitra Angkasa 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 Mitra Angkasa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mitra Angkasa Sejahtera can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mitra Angkasa generated a negative expected return over the last 90 days | |
| Mitra Angkasa has high historical volatility and very poor performance | |
| About 70.0% of the company shares are held by company insiders |
Mitra Angkasa Technical Analysis
Mitra Angkasa's future price can be derived by breaking down and analyzing its technical indicators over time. Mitra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mitra Angkasa Sejahtera. In general, you should focus on analyzing Mitra Stock price patterns and their correlations with different microeconomic environments and drivers.
Mitra Angkasa Predictive Forecast Models
Mitra Angkasa's time-series forecasting models is one of many Mitra Angkasa'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 Mitra Angkasa'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 Mitra Angkasa Sejahtera
Checking the ongoing alerts about Mitra Angkasa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mitra Angkasa Sejahtera help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mitra Angkasa generated a negative expected return over the last 90 days | |
| Mitra Angkasa has high historical volatility and very poor performance | |
| About 70.0% of the company shares are held by company insiders |
Other Information on Investing in Mitra Stock
Mitra Angkasa financial ratios help investors to determine whether Mitra 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 Mitra with respect to the benefits of owning Mitra Angkasa security.