Wir Asia (Indonesia) Odds of Future Stock Price Finishing Under 93.54
| WIRG Stock | 95.00 3.00 3.06% |
Wir |
Wir Asia Target Price Odds to finish below 93.54
The tendency of Wir 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 drop to 93.54 or more in 90 days |
| 95.00 | 90 days | 93.54 | about 34.05 |
Based on a normal probability distribution, the odds of Wir Asia to drop to 93.54 or more in 90 days from now is about 34.05 (This Wir Asia Tbk probability density function shows the probability of Wir Stock to fall within a particular range of prices over 90 days) . Probability of Wir Asia Tbk price to stay between 93.54 and its current price of 95.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Wir Asia Tbk has a beta of -0.17. This entails as returns on the benchmark increase, returns on holding Wir Asia are expected to decrease at a much lower rate. During a bear market, however, Wir Asia Tbk is likely to outperform the market. Additionally Wir Asia Tbk has an alpha of 0.4082, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wir Asia Price Density |
| Price |
Predictive Modules for Wir Asia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wir Asia Tbk. 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.Wir Asia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wir Asia is not an exception. The market had few large corrections towards the Wir Asia'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 Wir Asia Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wir Asia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 17.41 | |
Ir | Information ratio | 0.06 |
Wir Asia 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 Wir Asia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wir Asia 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.| Wir Asia Tbk had very high historical volatility over the last 90 days | |
| About 72.0% of the company outstanding shares are owned by insiders |
Wir Asia 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 Wir Stock often depends not only on the future outlook of the current and potential Wir Asia'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. Wir Asia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.7 B | |
| Cash And Short Term Investments | 19 B |
Wir Asia Technical Analysis
Wir Asia's future price can be derived by breaking down and analyzing its technical indicators over time. Wir Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wir Asia Tbk. In general, you should focus on analyzing Wir Stock price patterns and their correlations with different microeconomic environments and drivers.
Wir Asia Predictive Forecast Models
Wir Asia's time-series forecasting models is one of many Wir Asia'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 Wir Asia'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 Wir Asia Tbk
Checking the ongoing alerts about Wir Asia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wir Asia Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wir Asia Tbk had very high historical volatility over the last 90 days | |
| About 72.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Wir Stock
Wir Asia financial ratios help investors to determine whether Wir 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 Wir with respect to the benefits of owning Wir Asia security.