Era Media (Indonesia) Probability of Future Stock Price Finishing Under 53.41
| DOOH Stock | 55.00 1.00 1.79% |
Era |
Era Media Target Price Odds to finish below 53.41
The tendency of Era 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 drop to 53.41 or more in 90 days |
| 55.00 | 90 days | 53.41 | about 1.7 |
Based on a normal probability distribution, the odds of Era Media to drop to 53.41 or more in 90 days from now is about 1.7 (This Era Media Sejahtera probability density function shows the probability of Era Stock to fall within a particular range of prices over 90 days) . Probability of Era Media Sejahtera price to stay between 53.41 and its current price of 55.0 at the end of the 90-day period is about 9.15 .
Assuming the 90 days trading horizon Era Media Sejahtera has a beta of -0.23 suggesting as returns on the benchmark increase, returns on holding Era Media are expected to decrease at a much lower rate. During a bear market, however, Era Media Sejahtera is likely to outperform the market. Additionally Era Media Sejahtera 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. Era Media Price Density |
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Predictive Modules for Era Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Era Media Sejahtera. 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.Era Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Era Media is not an exception. The market had few large corrections towards the Era Media'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 Era Media Sejahtera, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Era Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | -0.18 |
Era Media 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 Era Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Era Media Sejahtera can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Era Media Sejahtera generated a negative expected return over the last 90 days |
Era Media Technical Analysis
Era Media's future price can be derived by breaking down and analyzing its technical indicators over time. Era Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Era Media Sejahtera. In general, you should focus on analyzing Era Stock price patterns and their correlations with different microeconomic environments and drivers.
Era Media Predictive Forecast Models
Era Media's time-series forecasting models is one of many Era Media'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 Era Media'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 Era Media Sejahtera
Checking the ongoing alerts about Era Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Era Media Sejahtera help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Era Media Sejahtera generated a negative expected return over the last 90 days |