Jayamas Medica (Indonesia) Probability of Future Stock Price Finishing Over 174.75
| OMED Stock | 176.00 6.00 3.30% |
Jayamas |
Jayamas Medica Target Price Odds to finish over 174.75
The tendency of Jayamas 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 174.75 in 90 days |
| 176.00 | 90 days | 174.75 | about 88.58 |
Based on a normal probability distribution, the odds of Jayamas Medica to stay above 174.75 in 90 days from now is about 88.58 (This Jayamas Medica Industri probability density function shows the probability of Jayamas Stock to fall within a particular range of prices over 90 days) . Probability of Jayamas Medica Industri price to stay between 174.75 and its current price of 176.0 at the end of the 90-day period is about 6.28 .
Assuming the 90 days trading horizon Jayamas Medica Industri has a beta of -0.15. This indicates as returns on the benchmark increase, returns on holding Jayamas Medica are expected to decrease at a much lower rate. During a bear market, however, Jayamas Medica Industri is likely to outperform the market. Additionally Jayamas Medica Industri has an alpha of 0.014, implying that it can generate a 0.014 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jayamas Medica Price Density |
| Price |
Predictive Modules for Jayamas Medica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jayamas Medica Industri. 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.Jayamas Medica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jayamas Medica is not an exception. The market had few large corrections towards the Jayamas Medica'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 Jayamas Medica Industri, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jayamas Medica within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 4.50 | |
Ir | Information ratio | -0.02 |
Jayamas Medica 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 Jayamas Medica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jayamas Medica Industri can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jayamas Medica generated a negative expected return over the last 90 days |
Jayamas Medica Technical Analysis
Jayamas Medica's future price can be derived by breaking down and analyzing its technical indicators over time. Jayamas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jayamas Medica Industri. In general, you should focus on analyzing Jayamas Stock price patterns and their correlations with different microeconomic environments and drivers.
Jayamas Medica Predictive Forecast Models
Jayamas Medica's time-series forecasting models is one of many Jayamas Medica'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 Jayamas Medica'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 Jayamas Medica Industri
Checking the ongoing alerts about Jayamas Medica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jayamas Medica Industri help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jayamas Medica generated a negative expected return over the last 90 days |
Other Information on Investing in Jayamas Stock
Jayamas Medica financial ratios help investors to determine whether Jayamas 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 Jayamas with respect to the benefits of owning Jayamas Medica security.