Mitra International (Indonesia) Probability of Future Stock Price Finishing Over 7.14
| MIRA Stock | IDR 9.00 1.00 10.00% |
Mitra |
Mitra International Target Price Odds to finish over 7.14
The tendency of Mitra 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 7.14 in 90 days |
| 9.00 | 90 days | 7.14 | about 91.02 |
Based on a normal probability distribution, the odds of Mitra International to stay above 7.14 in 90 days from now is about 91.02 (This Mitra International Resources probability density function shows the probability of Mitra Stock to fall within a particular range of prices over 90 days) . Probability of Mitra International price to stay between 7.14 and its current price of 9.0 at the end of the 90-day period is about 26.28 .
Assuming the 90 days trading horizon Mitra International Resources has a beta of -2.08. This indicates as returns on its benchmark rise, returns on holding Mitra International Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Mitra International is expected to outperform its benchmark. Additionally Mitra International Resources has an alpha of 0.5718, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mitra International Price Density |
| Price |
Predictive Modules for Mitra International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mitra International. 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.Mitra International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mitra International is not an exception. The market had few large corrections towards the Mitra International'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 Mitra International Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mitra International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | -2.08 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | 0.08 |
Mitra International 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 Mitra International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mitra International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mitra International is way too risky over 90 days horizon | |
| Mitra International appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 85.6 B. Net Loss for the year was (13.1 B) with loss before overhead, payroll, taxes, and interest of (240.35 M). | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Mitra International 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 Mitra Stock often depends not only on the future outlook of the current and potential Mitra International'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. Mitra International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 B | |
| Cash And Short Term Investments | 1.8 B |
Mitra International Technical Analysis
Mitra International's future price can be derived by breaking down and analyzing its technical indicators over time. Mitra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mitra International Resources. In general, you should focus on analyzing Mitra Stock price patterns and their correlations with different microeconomic environments and drivers.
Mitra International Predictive Forecast Models
Mitra International's time-series forecasting models is one of many Mitra International'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 Mitra International'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 Mitra International
Checking the ongoing alerts about Mitra International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mitra International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mitra International is way too risky over 90 days horizon | |
| Mitra International appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 85.6 B. Net Loss for the year was (13.1 B) with loss before overhead, payroll, taxes, and interest of (240.35 M). | |
| About 37.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Mitra Stock
Mitra International financial ratios help investors to determine whether Mitra 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 Mitra with respect to the benefits of owning Mitra International security.