Harum Energy (Indonesia) Probability of Future Stock Price Finishing Over 1,346
| HRUM Stock | IDR 1,080 30.00 2.70% |
Harum |
Harum Energy Target Price Odds to finish over 1,346
The tendency of Harum 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 above the current price in 90 days |
| 1,080 | 90 days | 1,080 | about 98.0 |
Based on a normal probability distribution, the odds of Harum Energy to move above the current price in 90 days from now is about 98.0 (This Harum Energy Tbk probability density function shows the probability of Harum Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Harum Energy Tbk has a beta of -0.53. This usually indicates as returns on the benchmark increase, returns on holding Harum Energy are expected to decrease at a much lower rate. During a bear market, however, Harum Energy Tbk is likely to outperform the market. Additionally Harum Energy Tbk 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. Harum Energy Price Density |
| Price |
Predictive Modules for Harum Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harum Energy 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.Harum Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Harum Energy is not an exception. The market had few large corrections towards the Harum Energy'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 Harum Energy Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Harum Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 102.03 | |
Ir | Information ratio | -0.27 |
Harum Energy 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 Harum Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Harum Energy 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.| Harum Energy Tbk generated a negative expected return over the last 90 days | |
| About 80.0% of the company shares are held by company insiders |
Harum Energy 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 Harum Stock often depends not only on the future outlook of the current and potential Harum Energy'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. Harum Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 B | |
| Cash And Short Term Investments | 149.4 M |
Harum Energy Technical Analysis
Harum Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Harum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harum Energy Tbk. In general, you should focus on analyzing Harum Stock price patterns and their correlations with different microeconomic environments and drivers.
Harum Energy Predictive Forecast Models
Harum Energy's time-series forecasting models is one of many Harum Energy'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 Harum Energy'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 Harum Energy Tbk
Checking the ongoing alerts about Harum Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Harum Energy Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Harum Energy Tbk generated a negative expected return over the last 90 days | |
| About 80.0% of the company shares are held by company insiders |
Other Information on Investing in Harum Stock
Harum Energy financial ratios help investors to determine whether Harum 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 Harum with respect to the benefits of owning Harum Energy security.