Indika Energy (Indonesia) Probability of Future Stock Price Finishing Over 1376.55
| INDY Stock | IDR 1,420 25.00 1.79% |
Indika |
Indika Energy Target Price Odds to finish over 1376.55
The tendency of Indika 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 stay above 1,377 in 90 days |
| 1,420 | 90 days | 1,377 | roughly 96.0 |
Based on a normal probability distribution, the odds of Indika Energy to stay above 1,377 in 90 days from now is roughly 96.0 (This Indika Energy Tbk probability density function shows the probability of Indika Stock to fall within a particular range of prices over 90 days) . Probability of Indika Energy Tbk price to stay between 1,377 and its current price of 1420.0 at the end of the 90-day period is nearly 4.71 .
Assuming the 90 days trading horizon Indika Energy Tbk has a beta of -0.0598. This usually indicates as returns on the benchmark increase, returns on holding Indika Energy are expected to decrease at a much lower rate. During a bear market, however, Indika Energy Tbk is likely to outperform the market. Additionally Indika 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. Indika Energy Price Density |
| Price |
Predictive Modules for Indika 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 Indika 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.Indika Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indika Energy is not an exception. The market had few large corrections towards the Indika 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 Indika Energy Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indika Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 110.18 | |
Ir | Information ratio | -0.05 |
Indika 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 Indika Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indika 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.| Indika Energy Tbk generated a negative expected return over the last 90 days | |
| About 66.0% of the company shares are held by company insiders |
Indika 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 Indika Stock often depends not only on the future outlook of the current and potential Indika 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. Indika Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 B | |
| Cash And Short Term Investments | 923.3 M |
Indika Energy Technical Analysis
Indika Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Indika Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indika Energy Tbk. In general, you should focus on analyzing Indika Stock price patterns and their correlations with different microeconomic environments and drivers.
Indika Energy Predictive Forecast Models
Indika Energy's time-series forecasting models is one of many Indika 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 Indika 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 Indika Energy Tbk
Checking the ongoing alerts about Indika Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indika Energy Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indika Energy Tbk generated a negative expected return over the last 90 days | |
| About 66.0% of the company shares are held by company insiders |
Other Information on Investing in Indika Stock
Indika Energy financial ratios help investors to determine whether Indika 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 Indika with respect to the benefits of owning Indika Energy security.