PT Estee (Indonesia) Odds of Future Stock Price Finishing Over 118.02
| EURO Stock | 106.00 10.00 8.62% |
EURO |
PT Estee Target Price Odds to finish over 118.02
The tendency of EURO 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 move over 118.02 or more in 90 days |
| 106.00 | 90 days | 118.02 | about 81.4 |
Based on a normal probability distribution, the odds of PT Estee to move over 118.02 or more in 90 days from now is about 81.4 (This PT Estee Gold probability density function shows the probability of EURO Stock to fall within a particular range of prices over 90 days) . Probability of PT Estee Gold price to stay between its current price of 106.00 and 118.02 at the end of the 90-day period is about 6.47 .
Assuming the 90 days trading horizon PT Estee Gold has a beta of -0.31 suggesting as returns on the benchmark increase, returns on holding PT Estee are expected to decrease at a much lower rate. During a bear market, however, PT Estee Gold is likely to outperform the market. Additionally PT Estee Gold 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. PT Estee Price Density |
| Price |
Predictive Modules for PT Estee
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Estee Gold. 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.PT Estee Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Estee is not an exception. The market had few large corrections towards the PT Estee'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 PT Estee Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Estee within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.11 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 43.56 | |
Ir | Information ratio | -0.21 |
PT Estee 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 PT Estee for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Estee Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PT Estee Gold generated a negative expected return over the last 90 days | |
| PT Estee Gold has high historical volatility and very poor performance |
PT Estee 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 EURO Stock often depends not only on the future outlook of the current and potential PT Estee'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. PT Estee's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 400 M |
PT Estee Technical Analysis
PT Estee's future price can be derived by breaking down and analyzing its technical indicators over time. EURO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Estee Gold. In general, you should focus on analyzing EURO Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Estee Predictive Forecast Models
PT Estee's time-series forecasting models is one of many PT Estee'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 PT Estee'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 PT Estee Gold
Checking the ongoing alerts about PT Estee for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Estee Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Estee Gold generated a negative expected return over the last 90 days | |
| PT Estee Gold has high historical volatility and very poor performance |
Other Information on Investing in EURO Stock
PT Estee financial ratios help investors to determine whether EURO 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 EURO with respect to the benefits of owning PT Estee security.