PAM Mineral (Indonesia) Probability of Future Stock Price Finishing Under 264.21
| NICL Stock | 290.00 8.00 2.84% |
PAM |
PAM Mineral Target Price Odds to finish below 264.21
The tendency of PAM 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 264.21 or more in 90 days |
| 290.00 | 90 days | 264.21 | about 19.12 |
Based on a normal probability distribution, the odds of PAM Mineral to drop to 264.21 or more in 90 days from now is about 19.12 (This PAM Mineral Tbk probability density function shows the probability of PAM Stock to fall within a particular range of prices over 90 days) . Probability of PAM Mineral Tbk price to stay between 264.21 and its current price of 290.0 at the end of the 90-day period is about 74.82 .
Assuming the 90 days trading horizon PAM Mineral Tbk has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding PAM Mineral are expected to decrease at a much lower rate. During a bear market, however, PAM Mineral Tbk is likely to outperform the market. Additionally PAM Mineral Tbk has an alpha of 0.1129, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PAM Mineral Price Density |
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Predictive Modules for PAM Mineral
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PAM Mineral 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.PAM Mineral Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PAM Mineral is not an exception. The market had few large corrections towards the PAM Mineral'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 PAM Mineral Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PAM Mineral within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 10.60 | |
Ir | Information ratio | -0.0073 |
PAM Mineral 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 PAM Mineral for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PAM Mineral 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.| PAM Mineral Tbk has accumulated about 98.88 B in cash with (100.14 B) of positive cash flow from operations. | |
| Roughly 79.0% of the company outstanding shares are owned by corporate insiders |
PAM Mineral 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 PAM Stock often depends not only on the future outlook of the current and potential PAM Mineral'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. PAM Mineral's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.7 B | |
| Cash And Short Term Investments | 98.9 B | |
| Shares Float | 2 B |
PAM Mineral Technical Analysis
PAM Mineral's future price can be derived by breaking down and analyzing its technical indicators over time. PAM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PAM Mineral Tbk. In general, you should focus on analyzing PAM Stock price patterns and their correlations with different microeconomic environments and drivers.
PAM Mineral Predictive Forecast Models
PAM Mineral's time-series forecasting models is one of many PAM Mineral'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 PAM Mineral'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 PAM Mineral Tbk
Checking the ongoing alerts about PAM Mineral for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PAM Mineral Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PAM Mineral Tbk has accumulated about 98.88 B in cash with (100.14 B) of positive cash flow from operations. | |
| Roughly 79.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in PAM Stock
PAM Mineral financial ratios help investors to determine whether PAM 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 PAM with respect to the benefits of owning PAM Mineral security.