Pesona Metro (Malaysia) Probability of Future Stock Price Finishing Under 0.23
| 8311 Stock | 0.29 0.01 3.57% |
Pesona |
Pesona Metro Target Price Odds to finish below 0.23
The tendency of Pesona 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 0.23 or more in 90 days |
| 0.29 | 90 days | 0.23 | about 5.98 |
Based on a normal probability distribution, the odds of Pesona Metro to drop to 0.23 or more in 90 days from now is about 5.98 (This Pesona Metro Holdings probability density function shows the probability of Pesona Stock to fall within a particular range of prices over 90 days) . Probability of Pesona Metro Holdings price to stay between 0.23 and its current price of 0.29 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days trading horizon Pesona Metro Holdings has a beta of -0.19. This suggests as returns on the benchmark increase, returns on holding Pesona Metro are expected to decrease at a much lower rate. During a bear market, however, Pesona Metro Holdings is likely to outperform the market. Additionally Pesona Metro Holdings has an alpha of 0.2333, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Pesona Metro Price Density |
| Price |
Predictive Modules for Pesona Metro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pesona Metro Holdings. 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.Pesona Metro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Pesona Metro is not an exception. The market had few large corrections towards the Pesona Metro'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 Pesona Metro Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pesona Metro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.03 |
Pesona Metro 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 Pesona Metro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pesona Metro Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Pesona Metro has some characteristics of a very speculative penny stock | |
| Pesona Metro has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 622.51 M. Net Loss for the year was (1.91 M) with profit before overhead, payroll, taxes, and interest of 0. |
Pesona Metro 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 Pesona Stock often depends not only on the future outlook of the current and potential Pesona Metro'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. Pesona Metro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 695 M | |
| Short Long Term Debt | 45 M | |
| Cash And Short Term Investments | 54 M |
Pesona Metro Technical Analysis
Pesona Metro's future price can be derived by breaking down and analyzing its technical indicators over time. Pesona Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pesona Metro Holdings. In general, you should focus on analyzing Pesona Stock price patterns and their correlations with different microeconomic environments and drivers.
Pesona Metro Predictive Forecast Models
Pesona Metro's time-series forecasting models is one of many Pesona Metro'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 Pesona Metro'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 Pesona Metro Holdings
Checking the ongoing alerts about Pesona Metro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pesona Metro Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Pesona Metro has some characteristics of a very speculative penny stock | |
| Pesona Metro has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 622.51 M. Net Loss for the year was (1.91 M) with profit before overhead, payroll, taxes, and interest of 0. |
Other Information on Investing in Pesona Stock
Pesona Metro financial ratios help investors to determine whether Pesona 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 Pesona with respect to the benefits of owning Pesona Metro security.