Star Media (Malaysia) Probability of Future Stock Price Finishing Under 0.4
| 6084 Stock | 0.41 0.01 2.50% |
Star |
Star Media Target Price Odds to finish below 0.4
The tendency of Star 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 0.40 or more in 90 days |
| 0.41 | 90 days | 0.40 | about 10.0 |
Based on a normal probability distribution, the odds of Star Media to drop to 0.40 or more in 90 days from now is about 10.0 (This Star Media Group probability density function shows the probability of Star Stock to fall within a particular range of prices over 90 days) . Probability of Star Media Group price to stay between 0.40 and its current price of 0.41 at the end of the 90-day period is about 16.07 .
Assuming the 90 days trading horizon Star Media has a beta of 0.16. This suggests as returns on the market go up, Star Media average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Star Media Group will be expected to be much smaller as well. Additionally Star Media Group 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. Star Media Price Density |
| Price |
Predictive Modules for Star Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Star Media Group. 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.Star Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Star Media is not an exception. The market had few large corrections towards the Star Media'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 Star Media Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Star Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.11 |
Star Media 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 Star Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Star Media Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Star Media Group generated a negative expected return over the last 90 days | |
| Star Media Group has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 187.11 M. Net Loss for the year was (149.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Star Media generates negative cash flow from operations |
Star Media 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 Star Stock often depends not only on the future outlook of the current and potential Star Media'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. Star Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 724.8 M | |
| Cash And Short Term Investments | 343.1 M |
Star Media Technical Analysis
Star Media's future price can be derived by breaking down and analyzing its technical indicators over time. Star Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Star Media Group. In general, you should focus on analyzing Star Stock price patterns and their correlations with different microeconomic environments and drivers.
Star Media Predictive Forecast Models
Star Media's time-series forecasting models is one of many Star Media'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 Star Media'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 Star Media Group
Checking the ongoing alerts about Star Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Star Media Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Star Media Group generated a negative expected return over the last 90 days | |
| Star Media Group has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 187.11 M. Net Loss for the year was (149.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Star Media generates negative cash flow from operations |
Other Information on Investing in Star Stock
Star Media financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Media security.