Trisula Textile (Indonesia) Probability of Future Stock Price Finishing Over 74.60
| BELL Stock | IDR 61.00 1.00 1.61% |
Trisula |
Trisula Textile Target Price Odds to finish over 74.60
The tendency of Trisula 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 move over 74.60 or more in 90 days |
| 61.00 | 90 days | 74.60 | about 17.15 |
Based on a normal probability distribution, the odds of Trisula Textile to move over 74.60 or more in 90 days from now is about 17.15 (This Trisula Textile Industries probability density function shows the probability of Trisula Stock to fall within a particular range of prices over 90 days) . Probability of Trisula Textile Indu price to stay between its current price of 61.00 and 74.60 at the end of the 90-day period is about 79.79 .
Assuming the 90 days trading horizon Trisula Textile has a beta of 0.0394 suggesting as returns on the market go up, Trisula Textile average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Trisula Textile Industries will be expected to be much smaller as well. Additionally Trisula Textile Industries 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. Trisula Textile Price Density |
| Price |
Predictive Modules for Trisula Textile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trisula Textile Indu. 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.Trisula Textile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Trisula Textile is not an exception. The market had few large corrections towards the Trisula Textile'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 Trisula Textile Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Trisula Textile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 4.82 | |
Ir | Information ratio | -0.06 |
Trisula Textile 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 Trisula Textile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Trisula Textile Indu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Trisula Textile Indu generated a negative expected return over the last 90 days | |
| Trisula Textile Indu has high historical volatility and very poor performance | |
| The company has 24.24 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 79.0% of the company shares are held by company insiders |
Trisula Textile 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 Trisula Stock often depends not only on the future outlook of the current and potential Trisula Textile'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. Trisula Textile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.2 B | |
| Cash And Short Term Investments | 36.8 B |
Trisula Textile Technical Analysis
Trisula Textile's future price can be derived by breaking down and analyzing its technical indicators over time. Trisula Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Trisula Textile Industries. In general, you should focus on analyzing Trisula Stock price patterns and their correlations with different microeconomic environments and drivers.
Trisula Textile Predictive Forecast Models
Trisula Textile's time-series forecasting models is one of many Trisula Textile'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 Trisula Textile'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 Trisula Textile Indu
Checking the ongoing alerts about Trisula Textile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Trisula Textile Indu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Trisula Textile Indu generated a negative expected return over the last 90 days | |
| Trisula Textile Indu has high historical volatility and very poor performance | |
| The company has 24.24 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 79.0% of the company shares are held by company insiders |
Other Information on Investing in Trisula Stock
Trisula Textile financial ratios help investors to determine whether Trisula 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 Trisula with respect to the benefits of owning Trisula Textile security.