Benakat Petroleum (Indonesia) Probability of Future Stock Price Finishing Over 73.00
| BIPI Stock | IDR 73.00 2.00 2.67% |
Benakat |
Benakat Petroleum Target Price Odds to finish over 73.00
The tendency of Benakat 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 above the current price in 90 days |
| 73.00 | 90 days | 73.00 | about 21.46 |
Based on a normal probability distribution, the odds of Benakat Petroleum to move above the current price in 90 days from now is about 21.46 (This Benakat Petroleum Energy probability density function shows the probability of Benakat Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Benakat Petroleum Energy has a beta of -0.74 suggesting as returns on the benchmark increase, returns on holding Benakat Petroleum are expected to decrease at a much lower rate. During a bear market, however, Benakat Petroleum Energy is likely to outperform the market. Additionally Benakat Petroleum Energy has an alpha of 0.2119, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Benakat Petroleum Price Density |
| Price |
Predictive Modules for Benakat Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Benakat Petroleum Energy. 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.Benakat Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Benakat Petroleum is not an exception. The market had few large corrections towards the Benakat Petroleum'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 Benakat Petroleum Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Benakat Petroleum within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.74 | |
σ | Overall volatility | 6.35 | |
Ir | Information ratio | 0.01 |
Benakat Petroleum 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 Benakat Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Benakat Petroleum Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Benakat Petroleum had very high historical volatility over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
Benakat Petroleum 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 Benakat Stock often depends not only on the future outlook of the current and potential Benakat Petroleum'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. Benakat Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.7 B | |
| Cash And Short Term Investments | 7.8 M |
Benakat Petroleum Technical Analysis
Benakat Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Benakat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Benakat Petroleum Energy. In general, you should focus on analyzing Benakat Stock price patterns and their correlations with different microeconomic environments and drivers.
Benakat Petroleum Predictive Forecast Models
Benakat Petroleum's time-series forecasting models is one of many Benakat Petroleum'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 Benakat Petroleum'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 Benakat Petroleum Energy
Checking the ongoing alerts about Benakat Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Benakat Petroleum Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Benakat Petroleum had very high historical volatility over the last 90 days | |
| About 30.0% of the company shares are held by company insiders |
Other Information on Investing in Benakat Stock
Benakat Petroleum financial ratios help investors to determine whether Benakat 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 Benakat with respect to the benefits of owning Benakat Petroleum security.