Primarindo Asia (Indonesia) Probability of Future Stock Price Finishing Over 102.85
| BIMA Stock | IDR 105.00 1.00 0.96% |
Primarindo |
Primarindo Asia Target Price Odds to finish over 102.85
The tendency of Primarindo 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 102.85 in 90 days |
| 105.00 | 90 days | 102.85 | about 67.89 |
Based on a normal probability distribution, the odds of Primarindo Asia to stay above 102.85 in 90 days from now is about 67.89 (This Primarindo Asia Infrastructure probability density function shows the probability of Primarindo Stock to fall within a particular range of prices over 90 days) . Probability of Primarindo Asia Infr price to stay between 102.85 and its current price of 105.0 at the end of the 90-day period is about 10.65 .
Assuming the 90 days trading horizon Primarindo Asia Infrastructure has a beta of -0.56 suggesting as returns on the benchmark increase, returns on holding Primarindo Asia are expected to decrease at a much lower rate. During a bear market, however, Primarindo Asia Infrastructure is likely to outperform the market. Additionally Primarindo Asia Infrastructure has an alpha of 0.266, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Primarindo Asia Price Density |
| Price |
Predictive Modules for Primarindo Asia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primarindo Asia Infr. 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.Primarindo Asia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Primarindo Asia is not an exception. The market had few large corrections towards the Primarindo Asia'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 Primarindo Asia Infrastructure, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Primarindo Asia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.56 | |
σ | Overall volatility | 7.62 | |
Ir | Information ratio | 0.03 |
Primarindo Asia 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 Primarindo Asia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Primarindo Asia Infr can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Primarindo Asia Infr generated a negative expected return over the last 90 days | |
| Primarindo Asia Infr has high historical volatility and very poor performance | |
| The company reported the revenue of 41.84 B. Net Loss for the year was (20.27 B) with loss before overhead, payroll, taxes, and interest of (3.28 B). | |
| Primarindo Asia Infrastructure has accumulated about 553.53 M in cash with (5.42 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.72. | |
| Roughly 87.0% of the company shares are held by company insiders |
Primarindo Asia 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 Primarindo Stock often depends not only on the future outlook of the current and potential Primarindo Asia'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. Primarindo Asia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 608.2 M | |
| Cash And Short Term Investments | 553.5 M |
Primarindo Asia Technical Analysis
Primarindo Asia's future price can be derived by breaking down and analyzing its technical indicators over time. Primarindo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Primarindo Asia Infrastructure. In general, you should focus on analyzing Primarindo Stock price patterns and their correlations with different microeconomic environments and drivers.
Primarindo Asia Predictive Forecast Models
Primarindo Asia's time-series forecasting models is one of many Primarindo Asia'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 Primarindo Asia'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 Primarindo Asia Infr
Checking the ongoing alerts about Primarindo Asia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Primarindo Asia Infr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Primarindo Asia Infr generated a negative expected return over the last 90 days | |
| Primarindo Asia Infr has high historical volatility and very poor performance | |
| The company reported the revenue of 41.84 B. Net Loss for the year was (20.27 B) with loss before overhead, payroll, taxes, and interest of (3.28 B). | |
| Primarindo Asia Infrastructure has accumulated about 553.53 M in cash with (5.42 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.72. | |
| Roughly 87.0% of the company shares are held by company insiders |
Other Information on Investing in Primarindo Stock
Primarindo Asia financial ratios help investors to determine whether Primarindo 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 Primarindo with respect to the benefits of owning Primarindo Asia security.