Esta Multi (Indonesia) Probability of Future Stock Price Finishing Under 80.71
| ESTA Stock | IDR 80.00 2.00 2.56% |
Esta |
Esta Multi Target Price Odds to finish below 80.71
The tendency of Esta 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 under 80.71 after 90 days |
| 80.00 | 90 days | 80.71 | nearly 4.61 |
Based on a normal probability distribution, the odds of Esta Multi to stay under 80.71 after 90 days from now is nearly 4.61 (This Esta Multi Usaha probability density function shows the probability of Esta Stock to fall within a particular range of prices over 90 days) . Probability of Esta Multi Usaha price to stay between its current price of 80.00 and 80.71 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Esta Multi Usaha has a beta of -0.0424 suggesting as returns on the benchmark increase, returns on holding Esta Multi are expected to decrease at a much lower rate. During a bear market, however, Esta Multi Usaha is likely to outperform the market. Additionally Esta Multi Usaha 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. Esta Multi Price Density |
| Price |
Predictive Modules for Esta Multi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Esta Multi Usaha. 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.Esta Multi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Esta Multi is not an exception. The market had few large corrections towards the Esta Multi'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 Esta Multi Usaha, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Esta Multi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 7.98 | |
Ir | Information ratio | -0.31 |
Esta Multi 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 Esta Multi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Esta Multi Usaha can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Esta Multi Usaha generated a negative expected return over the last 90 days | |
| About 81.0% of the company shares are held by company insiders |
Esta Multi 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 Esta Stock often depends not only on the future outlook of the current and potential Esta Multi'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. Esta Multi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B | |
| Cash And Short Term Investments | 23.4 B |
Esta Multi Technical Analysis
Esta Multi's future price can be derived by breaking down and analyzing its technical indicators over time. Esta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Esta Multi Usaha. In general, you should focus on analyzing Esta Stock price patterns and their correlations with different microeconomic environments and drivers.
Esta Multi Predictive Forecast Models
Esta Multi's time-series forecasting models is one of many Esta Multi'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 Esta Multi'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 Esta Multi Usaha
Checking the ongoing alerts about Esta Multi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Esta Multi Usaha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Esta Multi Usaha generated a negative expected return over the last 90 days | |
| About 81.0% of the company shares are held by company insiders |
Other Information on Investing in Esta Stock
Esta Multi financial ratios help investors to determine whether Esta 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 Esta with respect to the benefits of owning Esta Multi security.