PT Citra (Indonesia) Odds of Future Stock Price Finishing Over 1954.05
| CTBN Stock | IDR 2,490 350.00 16.36% |
CTBN |
PT Citra Target Price Odds to finish over 1954.05
The tendency of CTBN 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 above 1,954 in 90 days |
| 2,490 | 90 days | 1,954 | about 89.03 |
Based on a normal probability distribution, the odds of PT Citra to stay above 1,954 in 90 days from now is about 89.03 (This PT Citra Tubindo probability density function shows the probability of CTBN Stock to fall within a particular range of prices over 90 days) . Probability of PT Citra Tubindo price to stay between 1,954 and its current price of 2490.0 at the end of the 90-day period is about 82.69 .
Assuming the 90 days trading horizon PT Citra has a beta of 0.81 suggesting as returns on the market go up, PT Citra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PT Citra Tubindo will be expected to be much smaller as well. Additionally PT Citra Tubindo has an alpha of 0.5494, implying that it can generate a 0.55 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PT Citra Price Density |
| Price |
Predictive Modules for PT Citra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Citra Tubindo. 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.PT Citra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Citra is not an exception. The market had few large corrections towards the PT Citra'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 PT Citra Tubindo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Citra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.55 | |
β | Beta against Dow Jones | 0.81 | |
σ | Overall volatility | 194.52 | |
Ir | Information ratio | 0.09 |
PT Citra 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 PT Citra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Citra Tubindo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PT Citra Tubindo is way too risky over 90 days horizon | |
| PT Citra Tubindo appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 147.68 M. Net Loss for the year was (842.18 K) with profit before overhead, payroll, taxes, and interest of 25.79 M. | |
| About 98.0% of the company shares are held by company insiders |
PT Citra 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 CTBN Stock often depends not only on the future outlook of the current and potential PT Citra'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. PT Citra's indicators that are reflective of the short sentiment are summarized in the table below.
| Float Shares | 87.92M | |
| Average Daily Volume Last 10 Day | 2.26k | |
| Average Daily Volume In Three Month | 1.96k |
PT Citra Technical Analysis
PT Citra's future price can be derived by breaking down and analyzing its technical indicators over time. CTBN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Citra Tubindo. In general, you should focus on analyzing CTBN Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Citra Predictive Forecast Models
PT Citra's time-series forecasting models is one of many PT Citra'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 PT Citra'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 PT Citra Tubindo
Checking the ongoing alerts about PT Citra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Citra Tubindo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Citra Tubindo is way too risky over 90 days horizon | |
| PT Citra Tubindo appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 147.68 M. Net Loss for the year was (842.18 K) with profit before overhead, payroll, taxes, and interest of 25.79 M. | |
| About 98.0% of the company shares are held by company insiders |
Other Information on Investing in CTBN Stock
PT Citra financial ratios help investors to determine whether CTBN 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 CTBN with respect to the benefits of owning PT Citra security.