Bukit Asam Tbk Stock Probability of Future Pink Sheet Price Finishing Under 4.54
| TBNGY Stock | USD 4.69 0.00 0.00% |
Bukit |
Bukit Asam Target Price Odds to finish below 4.54
The tendency of Bukit 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 $ 4.54 or more in 90 days |
| 4.69 | 90 days | 4.54 | about 31.41 |
Based on a normal probability distribution, the odds of Bukit Asam to drop to $ 4.54 or more in 90 days from now is about 31.41 (This Bukit Asam Tbk probability density function shows the probability of Bukit Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Bukit Asam Tbk price to stay between $ 4.54 and its current price of $4.69 at the end of the 90-day period is about 25.28 .
Assuming the 90 days horizon Bukit Asam has a beta of 0.0824. This usually implies as returns on the market go up, Bukit Asam average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bukit Asam Tbk will be expected to be much smaller as well. Additionally Bukit Asam Tbk has an alpha of 0.1121, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bukit Asam Price Density |
| Price |
Predictive Modules for Bukit Asam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bukit Asam 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.Bukit Asam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bukit Asam is not an exception. The market had few large corrections towards the Bukit Asam'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 Bukit Asam Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bukit Asam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | 0 |
Bukit Asam 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 Bukit Pink Sheet often depends not only on the future outlook of the current and potential Bukit Asam'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. Bukit Asam's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.2 B |
Bukit Asam Technical Analysis
Bukit Asam's future price can be derived by breaking down and analyzing its technical indicators over time. Bukit Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bukit Asam Tbk. In general, you should focus on analyzing Bukit Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Bukit Asam Predictive Forecast Models
Bukit Asam's time-series forecasting models is one of many Bukit Asam'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 Bukit Asam'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bukit Asam in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bukit Asam's short interest history, or implied volatility extrapolated from Bukit Asam options trading.
Additional Tools for Bukit Pink Sheet Analysis
When running Bukit Asam's price analysis, check to measure Bukit Asam'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 Bukit Asam is operating at the current time. Most of Bukit Asam's value examination focuses on studying past and present price action to predict the probability of Bukit Asam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bukit Asam's price. Additionally, you may evaluate how the addition of Bukit Asam to your portfolios can decrease your overall portfolio volatility.