Xl Axiata Tbk Stock Probability of Future Pink Sheet Price Finishing Under 0.03
| PTXKY Stock | USD 2.65 0.09 3.52% |
PTXKY |
XL Axiata Target Price Odds to finish below 0.03
The tendency of PTXKY Pink Sheet 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 drop to $ 0.03 or more in 90 days |
| 2.65 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of XL Axiata to drop to $ 0.03 or more in 90 days from now is near 1 (This XL Axiata Tbk probability density function shows the probability of PTXKY Pink Sheet to fall within a particular range of prices over 90 days) . Probability of XL Axiata Tbk price to stay between $ 0.03 and its current price of $2.65 at the end of the 90-day period is nearly 4.3 .
Assuming the 90 days horizon XL Axiata has a beta of 0.24 indicating as returns on the market go up, XL Axiata average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding XL Axiata Tbk will be expected to be much smaller as well. Additionally XL Axiata Tbk 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. XL Axiata Price Density |
| Price |
Predictive Modules for XL Axiata
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XL Axiata Tbk. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.XL Axiata Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. XL Axiata is not an exception. The market had few large corrections towards the XL Axiata'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 XL Axiata Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of XL Axiata within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.05 |
XL Axiata 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 XL Axiata for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for XL Axiata Tbk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| XL Axiata Tbk generated a negative expected return over the last 90 days | |
| XL Axiata Tbk has high historical volatility and very poor performance | |
| XL Axiata Tbk has accumulated 8.53 T in total debt with debt to equity ratio (D/E) of 1.96, which is about average as compared to similar companies. XL Axiata Tbk has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist XL Axiata until it has trouble settling it off, either with new capital or with free cash flow. So, XL Axiata's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like XL Axiata Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PTXKY to invest in growth at high rates of return. When we think about XL Axiata's use of debt, we should always consider it together with cash and equity. |
XL Axiata 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 PTXKY Pink Sheet often depends not only on the future outlook of the current and potential XL Axiata'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. XL Axiata's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.7 B |
XL Axiata Technical Analysis
XL Axiata's future price can be derived by breaking down and analyzing its technical indicators over time. PTXKY Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of XL Axiata Tbk. In general, you should focus on analyzing PTXKY Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
XL Axiata Predictive Forecast Models
XL Axiata's time-series forecasting models is one of many XL Axiata's pink sheet 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 XL Axiata'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 pink sheet market movement and maximize returns from investment trading.
Things to note about XL Axiata Tbk
Checking the ongoing alerts about XL Axiata for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for XL Axiata Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| XL Axiata Tbk generated a negative expected return over the last 90 days | |
| XL Axiata Tbk has high historical volatility and very poor performance | |
| XL Axiata Tbk has accumulated 8.53 T in total debt with debt to equity ratio (D/E) of 1.96, which is about average as compared to similar companies. XL Axiata Tbk has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist XL Axiata until it has trouble settling it off, either with new capital or with free cash flow. So, XL Axiata's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like XL Axiata Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PTXKY to invest in growth at high rates of return. When we think about XL Axiata's use of debt, we should always consider it together with cash and equity. |
Additional Tools for PTXKY Pink Sheet Analysis
When running XL Axiata's price analysis, check to measure XL Axiata's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XL Axiata is operating at the current time. Most of XL Axiata's value examination focuses on studying past and present price action to predict the probability of XL Axiata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XL Axiata's price. Additionally, you may evaluate how the addition of XL Axiata to your portfolios can decrease your overall portfolio volatility.