Sumi Indo (Indonesia) Probability of Future Stock Price Finishing Over 397.67
| IKBI Stock | IDR 398.00 2.00 0.50% |
Sumi |
Sumi Indo Target Price Odds to finish over 397.67
The tendency of Sumi 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 397.67 in 90 days |
| 398.00 | 90 days | 397.67 | more than 94.0 |
Based on a normal probability distribution, the odds of Sumi Indo to stay above 397.67 in 90 days from now is more than 94.0 (This Sumi Indo Kabel probability density function shows the probability of Sumi Stock to fall within a particular range of prices over 90 days) . Probability of Sumi Indo Kabel price to stay between 397.67 and its current price of 398.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Sumi Indo has a beta of 0.13. This usually indicates as returns on the market go up, Sumi Indo average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sumi Indo Kabel will be expected to be much smaller as well. Additionally Sumi Indo Kabel 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. Sumi Indo Price Density |
| Price |
Predictive Modules for Sumi Indo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sumi Indo Kabel. 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.Sumi Indo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sumi Indo is not an exception. The market had few large corrections towards the Sumi Indo'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 Sumi Indo Kabel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sumi Indo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 20.42 | |
Ir | Information ratio | -0.21 |
Sumi Indo 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 Sumi Indo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sumi Indo Kabel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sumi Indo Kabel generated a negative expected return over the last 90 days | |
| The company reported the revenue of 231.06 M. Net Loss for the year was (458.8 K) with profit before overhead, payroll, taxes, and interest of 7.07 M. | |
| Sumi Indo Kabel has accumulated about 2.87 M in cash with (10.76 M) of positive cash flow from operations. | |
| Roughly 94.0% of the company shares are held by company insiders |
Sumi Indo 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 Sumi Stock often depends not only on the future outlook of the current and potential Sumi Indo'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. Sumi Indo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Short Long Term Debt | 18.2 M | |
| Cash And Short Term Investments | 4.3 M |
Sumi Indo Technical Analysis
Sumi Indo's future price can be derived by breaking down and analyzing its technical indicators over time. Sumi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sumi Indo Kabel. In general, you should focus on analyzing Sumi Stock price patterns and their correlations with different microeconomic environments and drivers.
Sumi Indo Predictive Forecast Models
Sumi Indo's time-series forecasting models is one of many Sumi Indo'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 Sumi Indo'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 Sumi Indo Kabel
Checking the ongoing alerts about Sumi Indo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sumi Indo Kabel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sumi Indo Kabel generated a negative expected return over the last 90 days | |
| The company reported the revenue of 231.06 M. Net Loss for the year was (458.8 K) with profit before overhead, payroll, taxes, and interest of 7.07 M. | |
| Sumi Indo Kabel has accumulated about 2.87 M in cash with (10.76 M) of positive cash flow from operations. | |
| Roughly 94.0% of the company shares are held by company insiders |
Other Information on Investing in Sumi Stock
Sumi Indo financial ratios help investors to determine whether Sumi 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 Sumi with respect to the benefits of owning Sumi Indo security.