Mitra Energi (Indonesia) Probability of Future Stock Price Finishing Under 579.85
| KOPI Stock | IDR 610.00 35.00 6.09% |
Mitra |
Mitra Energi Target Price Odds to finish below 579.85
The tendency of Mitra 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 drop to 579.85 or more in 90 days |
| 610.00 | 90 days | 579.85 | about 33.88 |
Based on a normal probability distribution, the odds of Mitra Energi to drop to 579.85 or more in 90 days from now is about 33.88 (This Mitra Energi Persada probability density function shows the probability of Mitra Stock to fall within a particular range of prices over 90 days) . Probability of Mitra Energi Persada price to stay between 579.85 and its current price of 610.0 at the end of the 90-day period is about 23.13 .
Assuming the 90 days trading horizon Mitra Energi Persada has a beta of -0.51. This indicates as returns on the benchmark increase, returns on holding Mitra Energi are expected to decrease at a much lower rate. During a bear market, however, Mitra Energi Persada is likely to outperform the market. Additionally Mitra Energi Persada has an alpha of 0.423, implying that it can generate a 0.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mitra Energi Price Density |
| Price |
Predictive Modules for Mitra Energi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mitra Energi Persada. 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.Mitra Energi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mitra Energi is not an exception. The market had few large corrections towards the Mitra Energi'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 Mitra Energi Persada, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mitra Energi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | -0.51 | |
σ | Overall volatility | 50.92 | |
Ir | Information ratio | 0.08 |
Mitra Energi 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 Mitra Energi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mitra Energi Persada can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mitra Energi Persada had very high historical volatility over the last 90 days | |
| About 88.0% of the company outstanding shares are owned by corporate insiders |
Mitra Energi 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 Mitra Stock often depends not only on the future outlook of the current and potential Mitra Energi'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. Mitra Energi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 697.3 M | |
| Cash And Short Term Investments | 2.8 B |
Mitra Energi Technical Analysis
Mitra Energi's future price can be derived by breaking down and analyzing its technical indicators over time. Mitra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mitra Energi Persada. In general, you should focus on analyzing Mitra Stock price patterns and their correlations with different microeconomic environments and drivers.
Mitra Energi Predictive Forecast Models
Mitra Energi's time-series forecasting models is one of many Mitra Energi'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 Mitra Energi'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 Mitra Energi Persada
Checking the ongoing alerts about Mitra Energi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mitra Energi Persada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mitra Energi Persada had very high historical volatility over the last 90 days | |
| About 88.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Mitra Stock
Mitra Energi financial ratios help investors to determine whether Mitra 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 Mitra with respect to the benefits of owning Mitra Energi security.