Metrodata Electronics (Indonesia) Probability of Future Stock Price Finishing Under 618.29
| MTDL Stock | IDR 630.00 5.00 0.79% |
Metrodata |
Metrodata Electronics Target Price Odds to finish below 618.29
The tendency of Metrodata 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 618.29 or more in 90 days |
| 630.00 | 90 days | 618.29 | about 19.29 |
Based on a normal probability distribution, the odds of Metrodata Electronics to drop to 618.29 or more in 90 days from now is about 19.29 (This Metrodata Electronics Tbk probability density function shows the probability of Metrodata Stock to fall within a particular range of prices over 90 days) . Probability of Metrodata Electronics Tbk price to stay between 618.29 and its current price of 630.0 at the end of the 90-day period is about 37.48 .
Assuming the 90 days trading horizon Metrodata Electronics has a beta of 0.45. This indicates as returns on the market go up, Metrodata Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Metrodata Electronics Tbk will be expected to be much smaller as well. Additionally Metrodata Electronics 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. Metrodata Electronics Price Density |
| Price |
Predictive Modules for Metrodata Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metrodata Electronics 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.Metrodata Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Metrodata Electronics is not an exception. The market had few large corrections towards the Metrodata Electronics' 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 Metrodata Electronics Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Metrodata Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 11.33 | |
Ir | Information ratio | -0.14 |
Metrodata Electronics 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 Metrodata Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Metrodata Electronics 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.| Metrodata Electronics generated a negative expected return over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Metrodata Electronics 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 Metrodata Stock often depends not only on the future outlook of the current and potential Metrodata Electronics' 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. Metrodata Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.3 B | |
| Cash And Short Term Investments | 1.7 T |
Metrodata Electronics Technical Analysis
Metrodata Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Metrodata Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Metrodata Electronics Tbk. In general, you should focus on analyzing Metrodata Stock price patterns and their correlations with different microeconomic environments and drivers.
Metrodata Electronics Predictive Forecast Models
Metrodata Electronics' time-series forecasting models is one of many Metrodata Electronics' 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 Metrodata Electronics' 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 Metrodata Electronics Tbk
Checking the ongoing alerts about Metrodata Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Metrodata Electronics Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Metrodata Electronics generated a negative expected return over the last 90 days | |
| About 60.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Metrodata Stock
Metrodata Electronics financial ratios help investors to determine whether Metrodata 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 Metrodata with respect to the benefits of owning Metrodata Electronics security.