Galva Technologies (Indonesia) Probability of Future Stock Price Finishing Under 346.96
| GLVA Stock | IDR 350.00 2.00 0.57% |
Galva |
Galva Technologies Target Price Odds to finish below 346.96
The tendency of Galva 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 346.96 or more in 90 days |
| 350.00 | 90 days | 346.96 | about 55.29 |
Based on a normal probability distribution, the odds of Galva Technologies to drop to 346.96 or more in 90 days from now is about 55.29 (This Galva Technologies Tbk probability density function shows the probability of Galva Stock to fall within a particular range of prices over 90 days) . Probability of Galva Technologies Tbk price to stay between 346.96 and its current price of 350.0 at the end of the 90-day period is about 13.12 .
Assuming the 90 days trading horizon Galva Technologies Tbk has a beta of -0.0276. This usually indicates as returns on the benchmark increase, returns on holding Galva Technologies are expected to decrease at a much lower rate. During a bear market, however, Galva Technologies Tbk is likely to outperform the market. Additionally Galva Technologies Tbk has an alpha of 0.0421, implying that it can generate a 0.0421 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Galva Technologies Price Density |
| Price |
Predictive Modules for Galva Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Galva Technologies Tbk. 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.Galva Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Galva Technologies is not an exception. The market had few large corrections towards the Galva Technologies' 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 Galva Technologies Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Galva Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 8.75 | |
Ir | Information ratio | -0.06 |
Galva Technologies 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 Galva Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Galva Technologies Tbk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 68.0% of the company shares are held by company insiders |
Galva Technologies 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 Galva Stock often depends not only on the future outlook of the current and potential Galva Technologies' 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. Galva Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.5 B | |
| Cash And Short Term Investments | 109.8 B |
Galva Technologies Technical Analysis
Galva Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Galva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Galva Technologies Tbk. In general, you should focus on analyzing Galva Stock price patterns and their correlations with different microeconomic environments and drivers.
Galva Technologies Predictive Forecast Models
Galva Technologies' time-series forecasting models is one of many Galva Technologies' 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 Galva Technologies' 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 Galva Technologies Tbk
Checking the ongoing alerts about Galva Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Galva Technologies Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 68.0% of the company shares are held by company insiders |
Other Information on Investing in Galva Stock
Galva Technologies financial ratios help investors to determine whether Galva 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 Galva with respect to the benefits of owning Galva Technologies security.