Protech Mitra (Indonesia) Probability of Future Stock Price Finishing Over 124.8
| OASA Stock | IDR 136.00 4.00 3.03% |
Protech |
Protech Mitra Target Price Odds to finish over 124.8
The tendency of Protech 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 124.80 in 90 days |
| 136.00 | 90 days | 124.80 | about 98.0 |
Based on a normal probability distribution, the odds of Protech Mitra to stay above 124.80 in 90 days from now is about 98.0 (This Protech Mitra Perkasa probability density function shows the probability of Protech Stock to fall within a particular range of prices over 90 days) . Probability of Protech Mitra Perkasa price to stay between 124.80 and its current price of 136.0 at the end of the 90-day period is about 29.7 .
Assuming the 90 days trading horizon Protech Mitra has a beta of 0.0901. This indicates as returns on the market go up, Protech Mitra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Protech Mitra Perkasa will be expected to be much smaller as well. Additionally Protech Mitra Perkasa 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. Protech Mitra Price Density |
| Price |
Predictive Modules for Protech Mitra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Protech Mitra Perkasa. 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.Protech Mitra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Protech Mitra is not an exception. The market had few large corrections towards the Protech Mitra'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 Protech Mitra Perkasa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Protech Mitra within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 6.75 | |
Ir | Information ratio | -0.07 |
Protech Mitra 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 Protech Mitra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Protech Mitra Perkasa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Protech Mitra generated a negative expected return over the last 90 days |
Protech Mitra 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 Protech Stock often depends not only on the future outlook of the current and potential Protech Mitra'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. Protech Mitra's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 358.6 M | |
| Cash And Short Term Investments | 47.5 B |
Protech Mitra Technical Analysis
Protech Mitra's future price can be derived by breaking down and analyzing its technical indicators over time. Protech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Protech Mitra Perkasa. In general, you should focus on analyzing Protech Stock price patterns and their correlations with different microeconomic environments and drivers.
Protech Mitra Predictive Forecast Models
Protech Mitra's time-series forecasting models is one of many Protech Mitra'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 Protech Mitra'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 Protech Mitra Perkasa
Checking the ongoing alerts about Protech Mitra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Protech Mitra Perkasa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Protech Mitra generated a negative expected return over the last 90 days |
Other Information on Investing in Protech Stock
Protech Mitra financial ratios help investors to determine whether Protech 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 Protech with respect to the benefits of owning Protech Mitra security.