Energi Mega (Indonesia) Probability of Future Stock Price Finishing Over 260.05
| ENRG Stock | IDR 242.00 16.00 6.20% |
Energi |
Energi Mega Target Price Odds to finish over 260.05
The tendency of Energi 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 260.05 or more in 90 days |
| 242.00 | 90 days | 260.05 | about 22.08 |
Based on a normal probability distribution, the odds of Energi Mega to move over 260.05 or more in 90 days from now is about 22.08 (This Energi Mega Persada probability density function shows the probability of Energi Stock to fall within a particular range of prices over 90 days) . Probability of Energi Mega Persada price to stay between its current price of 242.00 and 260.05 at the end of the 90-day period is about 21.29 .
Assuming the 90 days trading horizon Energi Mega Persada has a beta of -0.2 suggesting as returns on the benchmark increase, returns on holding Energi Mega are expected to decrease at a much lower rate. During a bear market, however, Energi Mega Persada is likely to outperform the market. Additionally Energi Mega Persada has an alpha of 0.3291, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Energi Mega Price Density |
| Price |
Predictive Modules for Energi Mega
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energi Mega Persada. 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.Energi Mega Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Energi Mega is not an exception. The market had few large corrections towards the Energi Mega'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 Energi Mega Persada, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Energi Mega within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 29.96 | |
Ir | Information ratio | 0.04 |
Energi Mega 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 Energi Mega for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Energi Mega Persada can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Energi Mega Persada had very high historical volatility over the last 90 days | |
| About 59.0% of the company shares are held by company insiders |
Energi Mega 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 Energi Stock often depends not only on the future outlook of the current and potential Energi Mega'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. Energi Mega's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 B | |
| Cash And Short Term Investments | 32.8 M |
Energi Mega Technical Analysis
Energi Mega's future price can be derived by breaking down and analyzing its technical indicators over time. Energi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Energi Mega Persada. In general, you should focus on analyzing Energi Stock price patterns and their correlations with different microeconomic environments and drivers.
Energi Mega Predictive Forecast Models
Energi Mega's time-series forecasting models is one of many Energi Mega'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 Energi Mega'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 Energi Mega Persada
Checking the ongoing alerts about Energi Mega for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Energi Mega Persada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Energi Mega Persada had very high historical volatility over the last 90 days | |
| About 59.0% of the company shares are held by company insiders |
Other Information on Investing in Energi Stock
Energi Mega financial ratios help investors to determine whether Energi 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 Energi with respect to the benefits of owning Energi Mega security.