Citra Borneo (Indonesia) Probability of Future Stock Price Finishing Under 1305.0
| CBUT Stock | 1,050 35.00 3.23% |
Citra |
Citra Borneo Target Price Odds to finish below 1305.0
The tendency of Citra 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 1,305 after 90 days |
| 1,050 | 90 days | 1,305 | about 71.81 |
Based on a normal probability distribution, the odds of Citra Borneo to stay under 1,305 after 90 days from now is about 71.81 (This Citra Borneo Utama probability density function shows the probability of Citra Stock to fall within a particular range of prices over 90 days) . Probability of Citra Borneo Utama price to stay between its current price of 1,050 and 1,305 at the end of the 90-day period is about 68.69 .
Assuming the 90 days trading horizon Citra Borneo Utama has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding Citra Borneo are expected to decrease at a much lower rate. During a bear market, however, Citra Borneo Utama is likely to outperform the market. Additionally Citra Borneo Utama 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. Citra Borneo Price Density |
| Price |
Predictive Modules for Citra Borneo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Citra Borneo Utama. 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.Citra Borneo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Citra Borneo is not an exception. The market had few large corrections towards the Citra Borneo'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 Citra Borneo Utama, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Citra Borneo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 105.05 | |
Ir | Information ratio | -0.26 |
Citra Borneo 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 Citra Borneo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Citra Borneo Utama can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Citra Borneo Utama generated a negative expected return over the last 90 days |
Citra Borneo Technical Analysis
Citra Borneo's future price can be derived by breaking down and analyzing its technical indicators over time. Citra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Citra Borneo Utama. In general, you should focus on analyzing Citra Stock price patterns and their correlations with different microeconomic environments and drivers.
Citra Borneo Predictive Forecast Models
Citra Borneo's time-series forecasting models is one of many Citra Borneo'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 Citra Borneo'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 Citra Borneo Utama
Checking the ongoing alerts about Citra Borneo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Citra Borneo Utama help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Citra Borneo Utama generated a negative expected return over the last 90 days |
Other Information on Investing in Citra Stock
Citra Borneo financial ratios help investors to determine whether Citra 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 Citra with respect to the benefits of owning Citra Borneo security.