Petrosea Tbk (Indonesia) Probability of Future Stock Price Finishing Under 4750.0
| PTRO Stock | IDR 6,300 200.00 3.28% |
Petrosea |
Petrosea Tbk Target Price Odds to finish below 4750.0
The tendency of Petrosea 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 4,750 or more in 90 days |
| 6,300 | 90 days | 4,750 | about 45.62 |
Based on a normal probability distribution, the odds of Petrosea Tbk to drop to 4,750 or more in 90 days from now is about 45.62 (This Petrosea Tbk probability density function shows the probability of Petrosea Stock to fall within a particular range of prices over 90 days) . Probability of Petrosea Tbk price to stay between 4,750 and its current price of 6300.0 at the end of the 90-day period is about 54.19 .
Assuming the 90 days trading horizon Petrosea Tbk has a beta of -0.3 indicating as returns on the benchmark increase, returns on holding Petrosea Tbk are expected to decrease at a much lower rate. During a bear market, however, Petrosea Tbk is likely to outperform the market. Additionally Petrosea Tbk has an alpha of 0.5479, implying that it can generate a 0.55 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Petrosea Tbk Price Density |
| Price |
Predictive Modules for Petrosea Tbk
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petrosea 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 Petrosea Tbk'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.
Petrosea Tbk Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Petrosea Tbk is not an exception. The market had few large corrections towards the Petrosea Tbk'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 Petrosea Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Petrosea Tbk within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.55 | |
β | Beta against NYSE Composite | -0.3 | |
σ | Overall volatility | 443.68 | |
Ir | Information ratio | 0.11 |
Petrosea Tbk 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 Petrosea Tbk for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Petrosea 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.| Petrosea Tbk had very high historical volatility over the last 90 days | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
Petrosea Tbk 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 Petrosea Stock often depends not only on the future outlook of the current and potential Petrosea Tbk'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. Petrosea Tbk's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 991.7 M | |
| Cash And Short Term Investments | 113.7 M |
Petrosea Tbk Technical Analysis
Petrosea Tbk's future price can be derived by breaking down and analyzing its technical indicators over time. Petrosea Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Petrosea Tbk. In general, you should focus on analyzing Petrosea Stock price patterns and their correlations with different microeconomic environments and drivers.
Petrosea Tbk Predictive Forecast Models
Petrosea Tbk's time-series forecasting models is one of many Petrosea Tbk'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 Petrosea Tbk'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 Petrosea Tbk
Checking the ongoing alerts about Petrosea Tbk for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Petrosea Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Petrosea Tbk had very high historical volatility over the last 90 days | |
| About 90.0% of the company outstanding shares are owned by corporate insiders |
Check out Petrosea Tbk Backtesting, Petrosea Tbk Valuation, Petrosea Tbk Correlation, Petrosea Tbk Hype Analysis, Petrosea Tbk Volatility, Petrosea Tbk History as well as Petrosea Tbk Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Petrosea Stock analysis
When running Petrosea Tbk's price analysis, check to measure Petrosea Tbk'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 Petrosea Tbk is operating at the current time. Most of Petrosea Tbk's value examination focuses on studying past and present price action to predict the probability of Petrosea Tbk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrosea Tbk's price. Additionally, you may evaluate how the addition of Petrosea Tbk to your portfolios can decrease your overall portfolio volatility.
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