Tourindo Guide (Indonesia) Probability of Future Stock Price Finishing Over 71.44
| PGJO Stock | IDR 101.00 2.00 2.02% |
Tourindo |
Tourindo Guide Target Price Odds to finish over 71.44
The tendency of Tourindo 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 71.44 in 90 days |
| 101.00 | 90 days | 71.44 | close to 99 |
Based on a normal probability distribution, the odds of Tourindo Guide to stay above 71.44 in 90 days from now is close to 99 (This Tourindo Guide Indonesia probability density function shows the probability of Tourindo Stock to fall within a particular range of prices over 90 days) . Probability of Tourindo Guide Indonesia price to stay between 71.44 and its current price of 101.0 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon Tourindo Guide has a beta of 0.21 indicating as returns on the market go up, Tourindo Guide average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tourindo Guide Indonesia will be expected to be much smaller as well. Additionally Tourindo Guide Indonesia has an alpha of 0.1142, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tourindo Guide Price Density |
| Price |
Predictive Modules for Tourindo Guide
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tourindo Guide 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.Tourindo Guide Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tourindo Guide is not an exception. The market had few large corrections towards the Tourindo Guide'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 Tourindo Guide Indonesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tourindo Guide within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 3.35 | |
Ir | Information ratio | 0.02 |
Tourindo Guide 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 Tourindo Guide for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tourindo Guide 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.| The company reported the revenue of 896.93 M. Net Loss for the year was (10.52 B) with loss before overhead, payroll, taxes, and interest of (683.53 M). | |
| Tourindo Guide Indonesia has accumulated about 11.33 B in cash with (8.78 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.65. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders |
Tourindo Guide 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 Tourindo Stock often depends not only on the future outlook of the current and potential Tourindo Guide'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. Tourindo Guide's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 723.9 M | |
| Cash And Short Term Investments | 6.7 B |
Tourindo Guide Technical Analysis
Tourindo Guide's future price can be derived by breaking down and analyzing its technical indicators over time. Tourindo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tourindo Guide Indonesia. In general, you should focus on analyzing Tourindo Stock price patterns and their correlations with different microeconomic environments and drivers.
Tourindo Guide Predictive Forecast Models
Tourindo Guide's time-series forecasting models is one of many Tourindo Guide'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 Tourindo Guide'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 Tourindo Guide Indonesia
Checking the ongoing alerts about Tourindo Guide for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tourindo Guide Indonesia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 896.93 M. Net Loss for the year was (10.52 B) with loss before overhead, payroll, taxes, and interest of (683.53 M). | |
| Tourindo Guide Indonesia has accumulated about 11.33 B in cash with (8.78 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.65. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tourindo Stock
Tourindo Guide financial ratios help investors to determine whether Tourindo 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 Tourindo with respect to the benefits of owning Tourindo Guide security.