PT Gajah (Germany) Odds of Future Stock Price Finishing Over 0.06
| GH8 Stock | EUR 0.05 0 3.67% |
GH8 |
PT Gajah Target Price Odds to finish over 0.06
The tendency of GH8 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 € 0.06 or more in 90 days |
| 0.05 | 90 days | 0.06 | about 43.48 |
Based on a normal probability distribution, the odds of PT Gajah to move over € 0.06 or more in 90 days from now is about 43.48 (This PT Gajah Tunggal probability density function shows the probability of GH8 Stock to fall within a particular range of prices over 90 days) . Probability of PT Gajah Tunggal price to stay between its current price of € 0.05 and € 0.06 at the end of the 90-day period is about 48.04 .
Assuming the 90 days horizon PT Gajah has a beta of 0.79. This usually indicates as returns on the market go up, PT Gajah average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PT Gajah Tunggal will be expected to be much smaller as well. Additionally PT Gajah Tunggal 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. PT Gajah Price Density |
| Price |
Predictive Modules for PT Gajah
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 Gajah Tunggal. 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 Gajah Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Gajah is not an exception. The market had few large corrections towards the PT Gajah'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 Gajah Tunggal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Gajah within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.0042 |
PT Gajah 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 Gajah for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Gajah Tunggal 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 Gajah Tunggal generated a negative expected return over the last 90 days | |
| PT Gajah Tunggal has high historical volatility and very poor performance | |
| PT Gajah Tunggal has some characteristics of a very speculative penny stock | |
| PT Gajah Tunggal has high likelihood to experience some financial distress in the next 2 years | |
| PT Gajah Tunggal has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 66.0% of the company shares are held by company insiders |
PT Gajah 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 GH8 Stock often depends not only on the future outlook of the current and potential PT Gajah'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 Gajah's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 B |
PT Gajah Technical Analysis
PT Gajah's future price can be derived by breaking down and analyzing its technical indicators over time. GH8 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Gajah Tunggal. In general, you should focus on analyzing GH8 Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Gajah Predictive Forecast Models
PT Gajah's time-series forecasting models is one of many PT Gajah'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 Gajah'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 Gajah Tunggal
Checking the ongoing alerts about PT Gajah for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Gajah Tunggal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Gajah Tunggal generated a negative expected return over the last 90 days | |
| PT Gajah Tunggal has high historical volatility and very poor performance | |
| PT Gajah Tunggal has some characteristics of a very speculative penny stock | |
| PT Gajah Tunggal has high likelihood to experience some financial distress in the next 2 years | |
| PT Gajah Tunggal has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 66.0% of the company shares are held by company insiders |
Other Information on Investing in GH8 Stock
PT Gajah financial ratios help investors to determine whether GH8 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 GH8 with respect to the benefits of owning PT Gajah security.