Bukit Asam (Indonesia) Probability of Future Stock Price Finishing Over 3020.00
| PTBA Stock | IDR 3,020 20.00 0.67% |
Bukit |
Bukit Asam Target Price Odds to finish over 3020.00
The tendency of Bukit 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 move above the current price in 90 days |
| 3,020 | 90 days | 3,020 | about 7.26 |
Based on a normal probability distribution, the odds of Bukit Asam to move above the current price in 90 days from now is about 7.26 (This Bukit Asam Tbk probability density function shows the probability of Bukit Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Bukit Asam Tbk has a beta of -0.4 indicating as returns on the benchmark increase, returns on holding Bukit Asam are expected to decrease at a much lower rate. During a bear market, however, Bukit Asam Tbk is likely to outperform the market. Additionally Bukit Asam Tbk has an alpha of 0.1625, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bukit Asam Price Density |
| Price |
Predictive Modules for Bukit Asam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bukit Asam 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bukit Asam's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bukit Asam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bukit Asam is not an exception. The market had few large corrections towards the Bukit Asam'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 Bukit Asam Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bukit Asam within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | -0.4 | |
σ | Overall volatility | 179.54 | |
Ir | Information ratio | 0.03 |
Bukit Asam 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 Bukit Asam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bukit Asam 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.| About 70.0% of the company outstanding shares are owned by corporate insiders |
Bukit Asam 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 Bukit Stock often depends not only on the future outlook of the current and potential Bukit Asam'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. Bukit Asam's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.2 B | |
| Cash And Short Term Investments | 13.7 T |
Bukit Asam Technical Analysis
Bukit Asam's future price can be derived by breaking down and analyzing its technical indicators over time. Bukit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bukit Asam Tbk. In general, you should focus on analyzing Bukit Stock price patterns and their correlations with different microeconomic environments and drivers.
Bukit Asam Predictive Forecast Models
Bukit Asam's time-series forecasting models is one of many Bukit Asam'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 Bukit Asam'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 Bukit Asam Tbk
Checking the ongoing alerts about Bukit Asam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bukit Asam Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 70.0% of the company outstanding shares are owned by corporate insiders |
Check out Bukit Asam Backtesting, Bukit Asam Valuation, Bukit Asam Correlation, Bukit Asam Hype Analysis, Bukit Asam Volatility, Bukit Asam History as well as Bukit Asam Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Bukit Stock analysis
When running Bukit Asam's price analysis, check to measure Bukit Asam's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bukit Asam is operating at the current time. Most of Bukit Asam's value examination focuses on studying past and present price action to predict the probability of Bukit Asam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bukit Asam's price. Additionally, you may evaluate how the addition of Bukit Asam to your portfolios can decrease your overall portfolio volatility.
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