Fortune Indonesia (Indonesia) Probability of Future Stock Price Finishing Over 4380.0
| FORU Stock | IDR 4,380 330.00 7.01% |
Fortune |
Fortune Indonesia Target Price Odds to finish over 4380.0
The tendency of Fortune 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 above the current price in 90 days |
| 4,380 | 90 days | 4,380 | about 37.83 |
Based on a normal probability distribution, the odds of Fortune Indonesia to move above the current price in 90 days from now is about 37.83 (This Fortune Indonesia Tbk probability density function shows the probability of Fortune Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Fortune Indonesia has a beta of 0.78. This usually indicates as returns on the market go up, Fortune Indonesia average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fortune Indonesia Tbk will be expected to be much smaller as well. Additionally Fortune Indonesia Tbk has an alpha of 0.5723, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fortune Indonesia Price Density |
| Price |
Predictive Modules for Fortune Indonesia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortune Indonesia 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.Fortune Indonesia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortune Indonesia is not an exception. The market had few large corrections towards the Fortune Indonesia'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 Fortune Indonesia Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortune Indonesia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 1,042 | |
Ir | Information ratio | 0.06 |
Fortune Indonesia 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 Fortune Indonesia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortune Indonesia 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.| Fortune Indonesia is way too risky over 90 days horizon | |
| Fortune Indonesia appears to be risky and price may revert if volatility continues | |
| About 89.0% of the company shares are held by company insiders |
Fortune Indonesia 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 Fortune Stock often depends not only on the future outlook of the current and potential Fortune Indonesia'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. Fortune Indonesia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 465.2 M | |
| Cash And Short Term Investments | 31.5 B |
Fortune Indonesia Technical Analysis
Fortune Indonesia's future price can be derived by breaking down and analyzing its technical indicators over time. Fortune Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortune Indonesia Tbk. In general, you should focus on analyzing Fortune Stock price patterns and their correlations with different microeconomic environments and drivers.
Fortune Indonesia Predictive Forecast Models
Fortune Indonesia's time-series forecasting models is one of many Fortune Indonesia'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 Fortune Indonesia'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 Fortune Indonesia Tbk
Checking the ongoing alerts about Fortune Indonesia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fortune Indonesia Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fortune Indonesia is way too risky over 90 days horizon | |
| Fortune Indonesia appears to be risky and price may revert if volatility continues | |
| About 89.0% of the company shares are held by company insiders |
Other Information on Investing in Fortune Stock
Fortune Indonesia financial ratios help investors to determine whether Fortune 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 Fortune with respect to the benefits of owning Fortune Indonesia security.