Tira Austenite (Indonesia) Probability of Future Stock Price Finishing Under 387.12
| TIRA Stock | IDR 372.00 120.00 24.39% |
Tira |
Tira Austenite Target Price Odds to finish below 387.12
The tendency of Tira 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 under 387.12 after 90 days |
| 372.00 | 90 days | 387.12 | about 1.04 |
Based on a normal probability distribution, the odds of Tira Austenite to stay under 387.12 after 90 days from now is about 1.04 (This Tira Austenite Tbk probability density function shows the probability of Tira Stock to fall within a particular range of prices over 90 days) . Probability of Tira Austenite Tbk price to stay between its current price of 372.00 and 387.12 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tira Austenite Tbk has a beta of -0.61. This usually implies as returns on the benchmark increase, returns on holding Tira Austenite are expected to decrease at a much lower rate. During a bear market, however, Tira Austenite Tbk is likely to outperform the market. Additionally Tira Austenite Tbk has an alpha of 0.1354, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tira Austenite Price Density |
| Price |
Predictive Modules for Tira Austenite
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tira Austenite Tbk. 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.Tira Austenite Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tira Austenite is not an exception. The market had few large corrections towards the Tira Austenite'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 Tira Austenite Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tira Austenite within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 34.70 | |
Ir | Information ratio | -0.0016 |
Tira Austenite 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 Tira Austenite for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tira Austenite Tbk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tira Austenite Tbk had very high historical volatility over the last 90 days | |
| The company reported the revenue of 239.46 B. Net Loss for the year was (3.39 B) with profit before overhead, payroll, taxes, and interest of 83.81 B. | |
| Tira Austenite Tbk has accumulated about 10.49 B in cash with (7.06 B) of positive cash flow from operations. | |
| Roughly 90.0% of the company outstanding shares are owned by corporate insiders |
Tira Austenite 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 Tira Stock often depends not only on the future outlook of the current and potential Tira Austenite'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. Tira Austenite's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 588 M | |
| Cash And Short Term Investments | 10.5 B | |
| Forward Annual Dividend Rate | 2 | |
| Shares Float | 58.9 M |
Tira Austenite Technical Analysis
Tira Austenite's future price can be derived by breaking down and analyzing its technical indicators over time. Tira Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tira Austenite Tbk. In general, you should focus on analyzing Tira Stock price patterns and their correlations with different microeconomic environments and drivers.
Tira Austenite Predictive Forecast Models
Tira Austenite's time-series forecasting models is one of many Tira Austenite'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 Tira Austenite'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 Tira Austenite Tbk
Checking the ongoing alerts about Tira Austenite for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tira Austenite Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tira Austenite Tbk had very high historical volatility over the last 90 days | |
| The company reported the revenue of 239.46 B. Net Loss for the year was (3.39 B) with profit before overhead, payroll, taxes, and interest of 83.81 B. | |
| Tira Austenite Tbk has accumulated about 10.49 B in cash with (7.06 B) of positive cash flow from operations. | |
| Roughly 90.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tira Stock
Tira Austenite financial ratios help investors to determine whether Tira 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 Tira with respect to the benefits of owning Tira Austenite security.