Waskita Beton (Indonesia) Probability of Future Stock Price Finishing Over 20.46
| WSBP Stock | IDR 17.00 1.00 5.56% |
Waskita |
Waskita Beton Target Price Odds to finish over 20.46
The tendency of Waskita 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 move over 20.46 or more in 90 days |
| 17.00 | 90 days | 20.46 | about 30.54 |
Based on a normal probability distribution, the odds of Waskita Beton to move over 20.46 or more in 90 days from now is about 30.54 (This Waskita Beton Precast probability density function shows the probability of Waskita Stock to fall within a particular range of prices over 90 days) . Probability of Waskita Beton Precast price to stay between its current price of 17.00 and 20.46 at the end of the 90-day period is about 63.55 .
Assuming the 90 days trading horizon Waskita Beton Precast has a beta of -0.0328. This entails as returns on the benchmark increase, returns on holding Waskita Beton are expected to decrease at a much lower rate. During a bear market, however, Waskita Beton Precast is likely to outperform the market. Additionally Waskita Beton Precast 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. Waskita Beton Price Density |
| Price |
Predictive Modules for Waskita Beton
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Waskita Beton Precast. 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.Waskita Beton Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Waskita Beton is not an exception. The market had few large corrections towards the Waskita Beton'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 Waskita Beton Precast, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Waskita Beton within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | -0.1 |
Waskita Beton 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 Waskita Beton for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Waskita Beton Precast can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Waskita Beton generated a negative expected return over the last 90 days | |
| Waskita Beton has high historical volatility and very poor performance | |
| Waskita Beton has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.21 T. Net Loss for the year was (1.94 T) with loss before overhead, payroll, taxes, and interest of (54.62 B). | |
| Waskita Beton Precast has accumulated about 219.68 B in cash with (18.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.96. | |
| Roughly 67.0% of the company outstanding shares are owned by insiders |
Waskita Beton 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 Waskita Stock often depends not only on the future outlook of the current and potential Waskita Beton'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. Waskita Beton's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.5 B | |
| Cash And Short Term Investments | 93.7 B |
Waskita Beton Technical Analysis
Waskita Beton's future price can be derived by breaking down and analyzing its technical indicators over time. Waskita Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Waskita Beton Precast. In general, you should focus on analyzing Waskita Stock price patterns and their correlations with different microeconomic environments and drivers.
Waskita Beton Predictive Forecast Models
Waskita Beton's time-series forecasting models is one of many Waskita Beton'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 Waskita Beton'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 Waskita Beton Precast
Checking the ongoing alerts about Waskita Beton for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Waskita Beton Precast help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Waskita Beton generated a negative expected return over the last 90 days | |
| Waskita Beton has high historical volatility and very poor performance | |
| Waskita Beton has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.21 T. Net Loss for the year was (1.94 T) with loss before overhead, payroll, taxes, and interest of (54.62 B). | |
| Waskita Beton Precast has accumulated about 219.68 B in cash with (18.56 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.96. | |
| Roughly 67.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Waskita Stock
Waskita Beton financial ratios help investors to determine whether Waskita 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 Waskita with respect to the benefits of owning Waskita Beton security.