Ekadharma International (Indonesia) Probability of Future Stock Price Finishing Under 211.46
| EKAD Stock | IDR 218.00 2.00 0.91% |
Ekadharma |
Ekadharma International Target Price Odds to finish below 211.46
The tendency of Ekadharma 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 211.46 or more in 90 days |
| 218.00 | 90 days | 211.46 | near 1 |
Based on a normal probability distribution, the odds of Ekadharma International to drop to 211.46 or more in 90 days from now is near 1 (This Ekadharma International Tbk probability density function shows the probability of Ekadharma Stock to fall within a particular range of prices over 90 days) . Probability of Ekadharma International price to stay between 211.46 and its current price of 218.0 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Ekadharma International has a beta of 0.058 suggesting as returns on the market go up, Ekadharma International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ekadharma International Tbk will be expected to be much smaller as well. Additionally Ekadharma International Tbk 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. Ekadharma International Price Density |
| Price |
Predictive Modules for Ekadharma International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ekadharma International. 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.Ekadharma International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ekadharma International is not an exception. The market had few large corrections towards the Ekadharma International'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 Ekadharma International Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ekadharma International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 5.24 | |
Ir | Information ratio | -0.2 |
Ekadharma International 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 Ekadharma International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ekadharma International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ekadharma International generated a negative expected return over the last 90 days | |
| About 81.0% of the company shares are held by company insiders |
Ekadharma International 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 Ekadharma Stock often depends not only on the future outlook of the current and potential Ekadharma International'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. Ekadharma International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.5 B | |
| Cash And Short Term Investments | 384.9 B |
Ekadharma International Technical Analysis
Ekadharma International's future price can be derived by breaking down and analyzing its technical indicators over time. Ekadharma Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ekadharma International Tbk. In general, you should focus on analyzing Ekadharma Stock price patterns and their correlations with different microeconomic environments and drivers.
Ekadharma International Predictive Forecast Models
Ekadharma International's time-series forecasting models is one of many Ekadharma International'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 Ekadharma International'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 Ekadharma International
Checking the ongoing alerts about Ekadharma International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ekadharma International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ekadharma International generated a negative expected return over the last 90 days | |
| About 81.0% of the company shares are held by company insiders |
Other Information on Investing in Ekadharma Stock
Ekadharma International financial ratios help investors to determine whether Ekadharma 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 Ekadharma with respect to the benefits of owning Ekadharma International security.