Krakatau Steel (Indonesia) Probability of Future Stock Price Finishing Under 94.95
| KRAS Stock | IDR 122.00 1.00 0.81% |
Krakatau |
Krakatau Steel Target Price Odds to finish below 94.95
The tendency of Krakatau 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 94.95 or more in 90 days |
| 122.00 | 90 days | 94.95 | about 1.74 |
Based on a normal probability distribution, the odds of Krakatau Steel to drop to 94.95 or more in 90 days from now is about 1.74 (This Krakatau Steel Persero probability density function shows the probability of Krakatau Stock to fall within a particular range of prices over 90 days) . Probability of Krakatau Steel Persero price to stay between 94.95 and its current price of 122.0 at the end of the 90-day period is about 24.58 .
Assuming the 90 days trading horizon Krakatau Steel Persero has a beta of -1.47. This indicates as returns on its benchmark rise, returns on holding Krakatau Steel Persero are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Krakatau Steel is expected to outperform its benchmark. Additionally Krakatau Steel Persero has an alpha of 0.4106, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Krakatau Steel Price Density |
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Predictive Modules for Krakatau Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Krakatau Steel Persero. 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.Krakatau Steel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Krakatau Steel is not an exception. The market had few large corrections towards the Krakatau Steel'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 Krakatau Steel Persero, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Krakatau Steel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -1.47 | |
σ | Overall volatility | 18.34 | |
Ir | Information ratio | 0.04 |
Krakatau Steel 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 Krakatau Steel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Krakatau Steel Persero can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Krakatau Steel had very high historical volatility over the last 90 days | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Krakatau Steel 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 Krakatau Stock often depends not only on the future outlook of the current and potential Krakatau Steel'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. Krakatau Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.3 B | |
| Cash And Short Term Investments | 85 M |
Krakatau Steel Technical Analysis
Krakatau Steel's future price can be derived by breaking down and analyzing its technical indicators over time. Krakatau Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Krakatau Steel Persero. In general, you should focus on analyzing Krakatau Stock price patterns and their correlations with different microeconomic environments and drivers.
Krakatau Steel Predictive Forecast Models
Krakatau Steel's time-series forecasting models is one of many Krakatau Steel'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 Krakatau Steel'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 Krakatau Steel Persero
Checking the ongoing alerts about Krakatau Steel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Krakatau Steel Persero help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Krakatau Steel had very high historical volatility over the last 90 days | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Krakatau Stock
Krakatau Steel financial ratios help investors to determine whether Krakatau 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 Krakatau with respect to the benefits of owning Krakatau Steel security.