Digital Mediatama (Indonesia) Probability of Future Stock Price Finishing Over 209.0
| DMMX Stock | IDR 220.00 10.00 4.35% |
Digital |
Digital Mediatama Target Price Odds to finish over 209.0
The tendency of Digital 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 stay above 209.00 in 90 days |
| 220.00 | 90 days | 209.00 | about 16.75 |
Based on a normal probability distribution, the odds of Digital Mediatama to stay above 209.00 in 90 days from now is about 16.75 (This Digital Mediatama Maxima probability density function shows the probability of Digital Stock to fall within a particular range of prices over 90 days) . Probability of Digital Mediatama Maxima price to stay between 209.00 and its current price of 220.0 at the end of the 90-day period is about 5.75 .
Assuming the 90 days trading horizon Digital Mediatama Maxima has a beta of -1.5 suggesting as returns on its benchmark rise, returns on holding Digital Mediatama Maxima are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Digital Mediatama is expected to outperform its benchmark. Moreover Digital Mediatama Maxima has an alpha of 1.1886, implying that it can generate a 1.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Digital Mediatama Price Density |
| Price |
Predictive Modules for Digital Mediatama
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Digital Mediatama Maxima. 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.Digital Mediatama Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Digital Mediatama is not an exception. The market had few large corrections towards the Digital Mediatama'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 Digital Mediatama Maxima, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Digital Mediatama within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.19 | |
β | Beta against Dow Jones | -1.5 | |
σ | Overall volatility | 41.92 | |
Ir | Information ratio | 0.16 |
Digital Mediatama 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 Digital Mediatama for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Digital Mediatama Maxima can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Digital Mediatama is way too risky over 90 days horizon | |
| Digital Mediatama appears to be risky and price may revert if volatility continues | |
| About 66.0% of the company shares are held by company insiders |
Digital Mediatama 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 Digital Stock often depends not only on the future outlook of the current and potential Digital Mediatama'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. Digital Mediatama's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.3 B | |
| Cash And Short Term Investments | 576.7 B |
Digital Mediatama Technical Analysis
Digital Mediatama's future price can be derived by breaking down and analyzing its technical indicators over time. Digital Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Digital Mediatama Maxima. In general, you should focus on analyzing Digital Stock price patterns and their correlations with different microeconomic environments and drivers.
Digital Mediatama Predictive Forecast Models
Digital Mediatama's time-series forecasting models is one of many Digital Mediatama'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 Digital Mediatama'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 Digital Mediatama Maxima
Checking the ongoing alerts about Digital Mediatama for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Digital Mediatama Maxima help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Digital Mediatama is way too risky over 90 days horizon | |
| Digital Mediatama appears to be risky and price may revert if volatility continues | |
| About 66.0% of the company shares are held by company insiders |
Other Information on Investing in Digital Stock
Digital Mediatama financial ratios help investors to determine whether Digital 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 Digital with respect to the benefits of owning Digital Mediatama security.