PT Techno9 (Indonesia) Probability of Future Stock Price Finishing Over 36.0
| NINE Stock | 42.00 3.00 7.69% |
NINE |
PT Techno9 Target Price Odds to finish over 36.0
The tendency of NINE 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 36.00 in 90 days |
| 42.00 | 90 days | 36.00 | near 1 |
Based on a normal probability distribution, the odds of PT Techno9 to stay above 36.00 in 90 days from now is near 1 (This PT Techno9 Indonesia probability density function shows the probability of NINE Stock to fall within a particular range of prices over 90 days) . Probability of PT Techno9 Indonesia price to stay between 36.00 and its current price of 42.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon PT Techno9 has a beta of 0.77. This indicates as returns on the market go up, PT Techno9 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PT Techno9 Indonesia will be expected to be much smaller as well. In addition to that PT Techno9 Indonesia has an alpha of 2.696, implying that it can generate a 2.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PT Techno9 Price Density |
| Price |
Predictive Modules for PT Techno9
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Techno9 Indonesia. 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.PT Techno9 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Techno9 is not an exception. The market had few large corrections towards the PT Techno9'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 PT Techno9 Indonesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Techno9 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.70 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 8.17 | |
Ir | Information ratio | 0.37 |
PT Techno9 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 PT Techno9 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Techno9 Indonesia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PT Techno9 Indonesia is way too risky over 90 days horizon | |
| PT Techno9 Indonesia appears to be risky and price may revert if volatility continues | |
| NINE is showing solid risk-adjusted performance over 90 days | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
PT Techno9 Technical Analysis
PT Techno9's future price can be derived by breaking down and analyzing its technical indicators over time. NINE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Techno9 Indonesia. In general, you should focus on analyzing NINE Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Techno9 Predictive Forecast Models
PT Techno9's time-series forecasting models is one of many PT Techno9'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 PT Techno9'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 PT Techno9 Indonesia
Checking the ongoing alerts about PT Techno9 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Techno9 Indonesia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Techno9 Indonesia is way too risky over 90 days horizon | |
| PT Techno9 Indonesia appears to be risky and price may revert if volatility continues | |
| NINE is showing solid risk-adjusted performance over 90 days | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in NINE Stock
PT Techno9 financial ratios help investors to determine whether NINE 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 NINE with respect to the benefits of owning PT Techno9 security.