Asuransi Ramayana (Indonesia) Probability of Future Stock Price Finishing Over 2380.0
| ASRM Stock | IDR 1,550 35.00 2.31% |
Asuransi |
Asuransi Ramayana Target Price Odds to finish over 2380.0
The tendency of Asuransi 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 2,380 or more in 90 days |
| 1,550 | 90 days | 2,380 | close to zero percent |
Based on a normal probability distribution, the odds of Asuransi Ramayana to move over 2,380 or more in 90 days from now is close to zero percent (This Asuransi Ramayana Tbk probability density function shows the probability of Asuransi Stock to fall within a particular range of prices over 90 days) . Probability of Asuransi Ramayana Tbk price to stay between its current price of 1,550 and 2,380 at the end of the 90-day period is about 39.06 .
Assuming the 90 days trading horizon Asuransi Ramayana Tbk has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Asuransi Ramayana are expected to decrease at a much lower rate. During a bear market, however, Asuransi Ramayana Tbk is likely to outperform the market. Additionally Asuransi Ramayana Tbk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Asuransi Ramayana Price Density |
| Price |
Predictive Modules for Asuransi Ramayana
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asuransi Ramayana 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asuransi Ramayana's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Asuransi Ramayana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asuransi Ramayana is not an exception. The market had few large corrections towards the Asuransi Ramayana'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 Asuransi Ramayana Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asuransi Ramayana within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | -0.12 | |
σ | Overall volatility | 30.81 | |
Ir | Information ratio | -0.14 |
Asuransi Ramayana 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 Asuransi Ramayana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asuransi Ramayana 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.| Asuransi Ramayana Tbk has accumulated about 63.56 B in cash with (68.03 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 789.1. | |
| Roughly 73.0% of the company shares are held by company insiders |
Asuransi Ramayana 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 Asuransi Stock often depends not only on the future outlook of the current and potential Asuransi Ramayana'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. Asuransi Ramayana's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 304.3 M |
Asuransi Ramayana Technical Analysis
Asuransi Ramayana's future price can be derived by breaking down and analyzing its technical indicators over time. Asuransi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asuransi Ramayana Tbk. In general, you should focus on analyzing Asuransi Stock price patterns and their correlations with different microeconomic environments and drivers.
Asuransi Ramayana Predictive Forecast Models
Asuransi Ramayana's time-series forecasting models is one of many Asuransi Ramayana'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 Asuransi Ramayana'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 Asuransi Ramayana Tbk
Checking the ongoing alerts about Asuransi Ramayana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asuransi Ramayana Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asuransi Ramayana Tbk has accumulated about 63.56 B in cash with (68.03 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 789.1. | |
| Roughly 73.0% of the company shares are held by company insiders |
Check out Asuransi Ramayana Backtesting, Asuransi Ramayana Valuation, Asuransi Ramayana Correlation, Asuransi Ramayana Hype Analysis, Asuransi Ramayana Volatility, Asuransi Ramayana History as well as Asuransi Ramayana Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Asuransi Stock analysis
When running Asuransi Ramayana's price analysis, check to measure Asuransi Ramayana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asuransi Ramayana is operating at the current time. Most of Asuransi Ramayana's value examination focuses on studying past and present price action to predict the probability of Asuransi Ramayana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asuransi Ramayana's price. Additionally, you may evaluate how the addition of Asuransi Ramayana to your portfolios can decrease your overall portfolio volatility.
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