Red Planet (Indonesia) Probability of Future Stock Price Finishing Over 31.77
| PSKT Stock | IDR 31.00 2.00 6.90% |
Red |
Red Planet Target Price Odds to finish over 31.77
The tendency of Red 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 31.77 or more in 90 days |
| 31.00 | 90 days | 31.77 | near 1 |
Based on a normal probability distribution, the odds of Red Planet to move over 31.77 or more in 90 days from now is near 1 (This Red Planet Indonesia probability density function shows the probability of Red Stock to fall within a particular range of prices over 90 days) . Probability of Red Planet Indonesia price to stay between its current price of 31.00 and 31.77 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Red Planet Indonesia has a beta of -0.0287 indicating as returns on the benchmark increase, returns on holding Red Planet are expected to decrease at a much lower rate. During a bear market, however, Red Planet Indonesia is likely to outperform the market. Additionally Red Planet Indonesia has an alpha of 0.6583, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Red Planet Price Density |
| Price |
Predictive Modules for Red Planet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Red Planet 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.Red Planet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Red Planet is not an exception. The market had few large corrections towards the Red Planet'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 Red Planet Indonesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Red Planet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.14 |
Red Planet 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 Red Planet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Red Planet 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.| Red Planet Indonesia appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 47.27 B. Net Loss for the year was (12.13 B) with profit before overhead, payroll, taxes, and interest of 24.54 B. | |
| About 81.0% of the company outstanding shares are owned by corporate insiders |
Red Planet 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 Red Stock often depends not only on the future outlook of the current and potential Red Planet'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. Red Planet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.4 B | |
| Cash And Short Term Investments | 7.8 B |
Red Planet Technical Analysis
Red Planet's future price can be derived by breaking down and analyzing its technical indicators over time. Red Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Red Planet Indonesia. In general, you should focus on analyzing Red Stock price patterns and their correlations with different microeconomic environments and drivers.
Red Planet Predictive Forecast Models
Red Planet's time-series forecasting models is one of many Red Planet'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 Red Planet'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 Red Planet Indonesia
Checking the ongoing alerts about Red Planet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Red Planet Indonesia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Red Planet Indonesia appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 47.27 B. Net Loss for the year was (12.13 B) with profit before overhead, payroll, taxes, and interest of 24.54 B. | |
| About 81.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Red Stock
Red Planet financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Planet security.