Fortune Mate (Indonesia) Probability of Future Stock Price Finishing Under 537.69

FMII Stock  IDR 545.00  0.00  0.00%   
Fortune Mate's future price is the expected price of Fortune Mate instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Fortune Mate Indonesia performance during a given time horizon utilizing its historical volatility. Check out Fortune Mate Backtesting, Fortune Mate Valuation, Fortune Mate Correlation, Fortune Mate Hype Analysis, Fortune Mate Volatility, Fortune Mate History as well as Fortune Mate Performance.
  
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Fortune Mate Target Price Odds to finish below 537.69

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 PriceHorizonTarget PriceOdds to drop to  537.69  or more in 90 days
 545.00 90 days 537.69 
about 89.07
Based on a normal probability distribution, the odds of Fortune Mate to drop to  537.69  or more in 90 days from now is about 89.07 (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  537.69  and its current price of 545.0 at the end of the 90-day period is near 1 .
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.
Hype
Prediction
LowEstimatedHigh
537.75545.00552.25
Details
Intrinsic
Valuation
LowRealHigh
477.80485.05599.50
Details

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 Jones4.69
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 Outstanding2.7 B
Cash And Short Term InvestmentsB

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.