Fortune Mate (Indonesia) Probability of Future Stock Price Finishing Over 282.84
| FMII Stock | IDR 545.00 0.00 0.00% |
Fortune |
Fortune Mate Target Price Odds to finish over 282.84
The tendency of Fortune 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 282.84 in 90 days |
| 545.00 | 90 days | 282.84 | about 71.45 |
Based on a normal probability distribution, the odds of Fortune Mate to stay above 282.84 in 90 days from now is about 71.45 (This Fortune Mate Indonesia probability density function shows the probability of Fortune Stock to fall within a particular range of prices over 90 days) . Probability of Fortune Mate Indonesia price to stay between 282.84 and its current price of 545.0 at the end of the 90-day period is about 61.48 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 4.69 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fortune Mate will likely underperform. Moreover Fortune Mate Indonesia has an alpha of 1.0307, implying that it can generate a 1.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fortune Mate Price Density |
| Price |
Predictive Modules for Fortune Mate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortune Mate Indonesia. 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.Fortune Mate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortune Mate is not an exception. The market had few large corrections towards the Fortune Mate'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 Fortune Mate Indonesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortune Mate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.03 | |
β | Beta against Dow Jones | 4.69 | |
σ | Overall volatility | 141.69 | |
Ir | Information ratio | 0.17 |
Fortune Mate 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 Fortune Mate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortune Mate Indonesia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Fortune Mate is way too risky over 90 days horizon | |
| Fortune Mate appears to be risky and price may revert if volatility continues | |
| About 88.0% of the company shares are held by company insiders |
Fortune Mate 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 Fortune Stock often depends not only on the future outlook of the current and potential Fortune Mate'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. Fortune Mate's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B | |
| Cash And Short Term Investments | 8 B |
Fortune Mate Technical Analysis
Fortune Mate's future price can be derived by breaking down and analyzing its technical indicators over time. Fortune Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortune Mate Indonesia. In general, you should focus on analyzing Fortune Stock price patterns and their correlations with different microeconomic environments and drivers.
Fortune Mate Predictive Forecast Models
Fortune Mate's time-series forecasting models is one of many Fortune Mate'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 Fortune Mate'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 Fortune Mate Indonesia
Checking the ongoing alerts about Fortune Mate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fortune Mate Indonesia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fortune Mate is way too risky over 90 days horizon | |
| Fortune Mate appears to be risky and price may revert if volatility continues | |
| About 88.0% of the company shares are held by company insiders |
Other Information on Investing in Fortune Stock
Fortune Mate financial ratios help investors to determine whether Fortune 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 Fortune with respect to the benefits of owning Fortune Mate security.