Optima Prima (Indonesia) Probability of Future Stock Price Finishing Under 62.84
| OPMS Stock | IDR 50.00 1.00 1.96% |
Optima |
Optima Prima Target Price Odds to finish below 62.84
The tendency of Optima 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 62.84 after 90 days |
| 50.00 | 90 days | 62.84 | about 22.84 |
Based on a normal probability distribution, the odds of Optima Prima to stay under 62.84 after 90 days from now is about 22.84 (This Optima Prima Metal probability density function shows the probability of Optima Stock to fall within a particular range of prices over 90 days) . Probability of Optima Prima Metal price to stay between its current price of 50.00 and 62.84 at the end of the 90-day period is about 15.19 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.71 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Optima Prima will likely underperform. Additionally Optima Prima Metal 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. Optima Prima Price Density |
| Price |
Predictive Modules for Optima Prima
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Optima Prima Metal. 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.Optima Prima Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Optima Prima is not an exception. The market had few large corrections towards the Optima Prima'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 Optima Prima Metal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Optima Prima within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.8 | |
β | Beta against Dow Jones | 1.71 | |
σ | Overall volatility | 18.80 | |
Ir | Information ratio | -0.12 |
Optima Prima 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 Optima Prima for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Optima Prima Metal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Optima Prima Metal generated a negative expected return over the last 90 days | |
| Optima Prima Metal has high historical volatility and very poor performance | |
| Optima Prima Metal has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 41.18 B. Net Loss for the year was (353.81 M) with profit before overhead, payroll, taxes, and interest of 3.72 B. | |
| Optima Prima Metal has accumulated about 38.39 B in cash with (2.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.89. |
Optima Prima 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 Optima Stock often depends not only on the future outlook of the current and potential Optima Prima'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. Optima Prima's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 801.6 M | |
| Cash And Short Term Investments | 35.7 B |
Optima Prima Technical Analysis
Optima Prima's future price can be derived by breaking down and analyzing its technical indicators over time. Optima Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Optima Prima Metal. In general, you should focus on analyzing Optima Stock price patterns and their correlations with different microeconomic environments and drivers.
Optima Prima Predictive Forecast Models
Optima Prima's time-series forecasting models is one of many Optima Prima'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 Optima Prima'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 Optima Prima Metal
Checking the ongoing alerts about Optima Prima for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Optima Prima Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Optima Prima Metal generated a negative expected return over the last 90 days | |
| Optima Prima Metal has high historical volatility and very poor performance | |
| Optima Prima Metal has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 41.18 B. Net Loss for the year was (353.81 M) with profit before overhead, payroll, taxes, and interest of 3.72 B. | |
| Optima Prima Metal has accumulated about 38.39 B in cash with (2.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.89. |
Other Information on Investing in Optima Stock
Optima Prima financial ratios help investors to determine whether Optima 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 Optima with respect to the benefits of owning Optima Prima security.