Ancora Indonesia (Indonesia) Probability of Future Stock Price Finishing Over 114.08
| OKAS Stock | IDR 109.00 3.00 2.68% |
Ancora |
Ancora Indonesia Target Price Odds to finish over 114.08
The tendency of Ancora 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 114.08 or more in 90 days |
| 109.00 | 90 days | 114.08 | about 79.88 |
Based on a normal probability distribution, the odds of Ancora Indonesia to move over 114.08 or more in 90 days from now is about 79.88 (This Ancora Indonesia Resources probability density function shows the probability of Ancora Stock to fall within a particular range of prices over 90 days) . Probability of Ancora Indonesia Res price to stay between its current price of 109.00 and 114.08 at the end of the 90-day period is about 13.92 .
Assuming the 90 days trading horizon Ancora Indonesia Resources has a beta of -0.0865. This indicates as returns on the benchmark increase, returns on holding Ancora Indonesia are expected to decrease at a much lower rate. During a bear market, however, Ancora Indonesia Resources is likely to outperform the market. Additionally Ancora Indonesia Resources 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. Ancora Indonesia Price Density |
| Price |
Predictive Modules for Ancora Indonesia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ancora Indonesia Res. 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.Ancora Indonesia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ancora Indonesia is not an exception. The market had few large corrections towards the Ancora Indonesia'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 Ancora Indonesia Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ancora Indonesia 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 | 7.25 | |
Ir | Information ratio | -0.07 |
Ancora Indonesia 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 Ancora Indonesia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ancora Indonesia Res can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ancora Indonesia Res generated a negative expected return over the last 90 days | |
| The company reported the revenue of 108.87 M. Net Loss for the year was (5.76 M) with profit before overhead, payroll, taxes, and interest of 24.6 M. | |
| About 76.0% of the company outstanding shares are owned by corporate insiders |
Ancora Indonesia 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 Ancora Stock often depends not only on the future outlook of the current and potential Ancora Indonesia'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. Ancora Indonesia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 4.1 M |
Ancora Indonesia Technical Analysis
Ancora Indonesia's future price can be derived by breaking down and analyzing its technical indicators over time. Ancora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ancora Indonesia Resources. In general, you should focus on analyzing Ancora Stock price patterns and their correlations with different microeconomic environments and drivers.
Ancora Indonesia Predictive Forecast Models
Ancora Indonesia's time-series forecasting models is one of many Ancora Indonesia'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 Ancora Indonesia'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 Ancora Indonesia Res
Checking the ongoing alerts about Ancora Indonesia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ancora Indonesia Res help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ancora Indonesia Res generated a negative expected return over the last 90 days | |
| The company reported the revenue of 108.87 M. Net Loss for the year was (5.76 M) with profit before overhead, payroll, taxes, and interest of 24.6 M. | |
| About 76.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Ancora Stock
Ancora Indonesia financial ratios help investors to determine whether Ancora 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 Ancora with respect to the benefits of owning Ancora Indonesia security.