Multi Hanna (Indonesia) Probability of Future Stock Price Finishing Over 115.07
| MHKI Stock | 107.00 1.00 0.94% |
Multi |
Multi Hanna Target Price Odds to finish over 115.07
The tendency of Multi 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 115.07 or more in 90 days |
| 107.00 | 90 days | 115.07 | about 70.98 |
Based on a normal probability distribution, the odds of Multi Hanna to move over 115.07 or more in 90 days from now is about 70.98 (This Multi Hanna Kreasindo probability density function shows the probability of Multi Stock to fall within a particular range of prices over 90 days) . Probability of Multi Hanna Kreasindo price to stay between its current price of 107.00 and 115.07 at the end of the 90-day period is about 20.36 .
Assuming the 90 days trading horizon Multi Hanna has a beta of 0.17. This indicates as returns on the market go up, Multi Hanna average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Multi Hanna Kreasindo will be expected to be much smaller as well. Additionally Multi Hanna Kreasindo 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. Multi Hanna Price Density |
| Price |
Predictive Modules for Multi Hanna
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Hanna Kreasindo. 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.Multi Hanna Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multi Hanna is not an exception. The market had few large corrections towards the Multi Hanna'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 Multi Hanna Kreasindo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multi Hanna within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 9.97 | |
Ir | Information ratio | -0.09 |
Multi Hanna 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 Multi Hanna for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multi Hanna Kreasindo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Multi Hanna generated a negative expected return over the last 90 days | |
| Multi Hanna has high historical volatility and very poor performance |
Multi Hanna Technical Analysis
Multi Hanna's future price can be derived by breaking down and analyzing its technical indicators over time. Multi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multi Hanna Kreasindo. In general, you should focus on analyzing Multi Stock price patterns and their correlations with different microeconomic environments and drivers.
Multi Hanna Predictive Forecast Models
Multi Hanna's time-series forecasting models is one of many Multi Hanna'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 Multi Hanna'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 Multi Hanna Kreasindo
Checking the ongoing alerts about Multi Hanna for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multi Hanna Kreasindo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Multi Hanna generated a negative expected return over the last 90 days | |
| Multi Hanna has high historical volatility and very poor performance |