PT Homeco (Indonesia) Probability of Future Stock Price Finishing Under 226.0
| LIVE Stock | 189.00 5.00 2.58% |
LIVE |
PT Homeco Target Price Odds to finish below 226.0
The tendency of LIVE 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 226.00 after 90 days |
| 189.00 | 90 days | 226.00 | about 73.26 |
Based on a normal probability distribution, the odds of PT Homeco to stay under 226.00 after 90 days from now is about 73.26 (This PT Homeco Victoria probability density function shows the probability of LIVE Stock to fall within a particular range of prices over 90 days) . Probability of PT Homeco Victoria price to stay between its current price of 189.00 and 226.00 at the end of the 90-day period is about 58.6 .
Assuming the 90 days trading horizon PT Homeco has a beta of 0.29. This indicates as returns on the market go up, PT Homeco average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PT Homeco Victoria will be expected to be much smaller as well. Additionally PT Homeco Victoria 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 Homeco Price Density |
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Predictive Modules for PT Homeco
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 Homeco Victoria. 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 Homeco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PT Homeco is not an exception. The market had few large corrections towards the PT Homeco'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 Homeco Victoria, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PT Homeco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 22.15 | |
Ir | Information ratio | -0.04 |
PT Homeco 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 Homeco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PT Homeco Victoria 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 Homeco Victoria generated a negative expected return over the last 90 days | |
| PT Homeco Victoria has high historical volatility and very poor performance |
PT Homeco Technical Analysis
PT Homeco's future price can be derived by breaking down and analyzing its technical indicators over time. LIVE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PT Homeco Victoria. In general, you should focus on analyzing LIVE Stock price patterns and their correlations with different microeconomic environments and drivers.
PT Homeco Predictive Forecast Models
PT Homeco's time-series forecasting models is one of many PT Homeco'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 Homeco'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 Homeco Victoria
Checking the ongoing alerts about PT Homeco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PT Homeco Victoria help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PT Homeco Victoria generated a negative expected return over the last 90 days | |
| PT Homeco Victoria has high historical volatility and very poor performance |