Akasha Wira (Indonesia) Probability of Target Price Finishing Above 1135.0

ADES -- Indonesia Stock  

IDR 1,070  30.00  2.88%

Akasha Wira probability of target price tool provides mechanism to make assumptions about upside and downside potential of Akasha Wira International Tbk performance during a given time horizon utilizing its historical volatility. Please specify Akasha Wira time horizon, a valid symbol (red box) and a target price (blue box) you would like Akasha Wira odds to be computed. Check also Akasha Wira Backtesting, Akasha Wira Valuation, Akasha Wira Correlation, Akasha Wira Hype Analysis, Akasha Wira Volatility, Akasha Wira History as well as Akasha Wira Performance.
Horizon     30 Days    Login   to change
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Akasha Wira Target Price Odds to finish below 1135.0

Current PriceHorizonTarget PriceOdds to stay under  1,135  after 30 days
 1,070 30 days 1,135 
about 82.25
Based on normal probability distribution, the odds of Akasha Wira to stay under  1,135  after 30 days from now is about 82.25 (This Akasha Wira International Tbk probability density function shows the probability of Akasha Wira Stock to fall within a particular range of prices over 30 days) . Probability of Akasha Wira Internat price to stay between its current price of  1,070  and  1,135  at the end of the 30-day period is about 60.52 .
Assuming 30 trading days horizon, Akasha Wira has beta of 0.0562 . This suggests as returns on market go up, Akasha Wira average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Akasha Wira International Tbk will be expected to be much smaller as well. Additionally The company has an alpha of 0.0301 implying that it can potentially generate 0.0301% excess return over DOW after adjusting for the inherited market risk (beta).
 Akasha Wira Price Density 
Alpha over DOW
Beta against DOW=0.06
Overall volatility
Information ratio =0.028001

Akasha Wira Alerts and Suggestions

Akasha Wira Internat generates negative expected return over the last 30 days

Akasha WiraPrice Density Drivers

Float Shares50M
Average Daily Volume Last 10 Day23.09k
Average Daily Volume In Three Month83.71k
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