Cita Mineral (Indonesia) Probability of Future Stock Price Finishing Under 3528.0
| CITA Stock | IDR 3,600 130.00 3.49% |
Cita |
Cita Mineral Target Price Odds to finish below 3528.0
The tendency of Cita 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 3,528 or more in 90 days |
| 3,600 | 90 days | 3,528 | about 87.61 |
Based on a normal probability distribution, the odds of Cita Mineral to drop to 3,528 or more in 90 days from now is about 87.61 (This Cita Mineral Investindo probability density function shows the probability of Cita Stock to fall within a particular range of prices over 90 days) . Probability of Cita Mineral Investindo price to stay between 3,528 and its current price of 3600.0 at the end of the 90-day period is roughly 2.69 .
Assuming the 90 days trading horizon Cita Mineral Investindo has a beta of -1.21 suggesting as returns on its benchmark rise, returns on holding Cita Mineral Investindo are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cita Mineral is expected to outperform its benchmark. Additionally Cita Mineral Investindo has an alpha of 0.7427, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cita Mineral Price Density |
| Price |
Predictive Modules for Cita Mineral
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cita Mineral Investindo. 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.Cita Mineral Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cita Mineral is not an exception. The market had few large corrections towards the Cita Mineral'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 Cita Mineral Investindo, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cita Mineral within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.74 | |
β | Beta against Dow Jones | -1.21 | |
σ | Overall volatility | 501.35 | |
Ir | Information ratio | 0.13 |
Cita Mineral 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 Cita Mineral for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cita Mineral Investindo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cita Mineral appears to be risky and price may revert if volatility continues | |
| About 94.0% of the company shares are held by company insiders |
Cita Mineral 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 Cita Stock often depends not only on the future outlook of the current and potential Cita Mineral'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. Cita Mineral's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4 B | |
| Cash And Short Term Investments | 167.4 B |
Cita Mineral Technical Analysis
Cita Mineral's future price can be derived by breaking down and analyzing its technical indicators over time. Cita Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cita Mineral Investindo. In general, you should focus on analyzing Cita Stock price patterns and their correlations with different microeconomic environments and drivers.
Cita Mineral Predictive Forecast Models
Cita Mineral's time-series forecasting models is one of many Cita Mineral'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 Cita Mineral'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 Cita Mineral Investindo
Checking the ongoing alerts about Cita Mineral for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cita Mineral Investindo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cita Mineral appears to be risky and price may revert if volatility continues | |
| About 94.0% of the company shares are held by company insiders |
Other Information on Investing in Cita Stock
Cita Mineral financial ratios help investors to determine whether Cita 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 Cita with respect to the benefits of owning Cita Mineral security.