Bintang Oto (Indonesia) Probability of Future Stock Price Finishing Over 616.25
| BOGA Stock | IDR 540.00 5.00 0.92% |
Bintang |
Bintang Oto Target Price Odds to finish over 616.25
The tendency of Bintang 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 616.25 or more in 90 days |
| 540.00 | 90 days | 616.25 | about 71.71 |
Based on a normal probability distribution, the odds of Bintang Oto to move over 616.25 or more in 90 days from now is about 71.71 (This Bintang Oto Global probability density function shows the probability of Bintang Stock to fall within a particular range of prices over 90 days) . Probability of Bintang Oto Global price to stay between its current price of 540.00 and 616.25 at the end of the 90-day period is about 15.76 .
Assuming the 90 days trading horizon Bintang Oto has a beta of 0.0982 suggesting as returns on the market go up, Bintang Oto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bintang Oto Global will be expected to be much smaller as well. Additionally Bintang Oto Global 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. Bintang Oto Price Density |
| Price |
Predictive Modules for Bintang Oto
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bintang Oto Global. 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.Bintang Oto Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bintang Oto is not an exception. The market had few large corrections towards the Bintang Oto'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 Bintang Oto Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bintang Oto within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 132.62 | |
Ir | Information ratio | -0.24 |
Bintang Oto 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 Bintang Oto for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bintang Oto Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bintang Oto Global generated a negative expected return over the last 90 days | |
| Bintang Oto Global has high historical volatility and very poor performance | |
| About 42.0% of the company shares are held by company insiders |
Bintang Oto 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 Bintang Stock often depends not only on the future outlook of the current and potential Bintang Oto'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. Bintang Oto's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.8 B | |
| Cash And Short Term Investments | 455.1 B |
Bintang Oto Technical Analysis
Bintang Oto's future price can be derived by breaking down and analyzing its technical indicators over time. Bintang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bintang Oto Global. In general, you should focus on analyzing Bintang Stock price patterns and their correlations with different microeconomic environments and drivers.
Bintang Oto Predictive Forecast Models
Bintang Oto's time-series forecasting models is one of many Bintang Oto'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 Bintang Oto'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 Bintang Oto Global
Checking the ongoing alerts about Bintang Oto for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bintang Oto Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bintang Oto Global generated a negative expected return over the last 90 days | |
| Bintang Oto Global has high historical volatility and very poor performance | |
| About 42.0% of the company shares are held by company insiders |
Other Information on Investing in Bintang Stock
Bintang Oto financial ratios help investors to determine whether Bintang 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 Bintang with respect to the benefits of owning Bintang Oto security.