Multifiling Mitra (Indonesia) Probability of Future Stock Price Finishing Under 482.0
MFMI Stock | IDR 478.00 2.00 0.42% |
Multifiling |
Multifiling Mitra Target Price Odds to finish below 482.0
The tendency of Multifiling 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 482.00 after 90 days |
478.00 | 90 days | 482.00 | about 17.99 |
Based on a normal probability distribution, the odds of Multifiling Mitra to stay under 482.00 after 90 days from now is about 17.99 (This Multifiling Mitra Indonesia probability density function shows the probability of Multifiling Stock to fall within a particular range of prices over 90 days) . Probability of Multifiling Mitra price to stay between its current price of 478.00 and 482.00 at the end of the 90-day period is roughly 2.6 .
Assuming the 90 days trading horizon Multifiling Mitra Indonesia has a beta of -0.14. This indicates as returns on the benchmark increase, returns on holding Multifiling Mitra are expected to decrease at a much lower rate. During a bear market, however, Multifiling Mitra Indonesia is likely to outperform the market. Additionally Multifiling Mitra Indonesia has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Multifiling Mitra Price Density |
Price |
Predictive Modules for Multifiling Mitra
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multifiling Mitra. 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 Multifiling Mitra'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.
Multifiling Mitra Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Multifiling Mitra is not an exception. The market had few large corrections towards the Multifiling Mitra'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 Multifiling Mitra Indonesia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Multifiling Mitra within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.34 | |
β | Beta against NYSE Composite | -0.14 | |
σ | Overall volatility | 38.55 | |
Ir | Information ratio | -0.51 |
Multifiling Mitra 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 Multifiling Mitra for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Multifiling Mitra can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Multifiling Mitra generated a negative expected return over the last 90 days | |
About 99.0% of the company outstanding shares are owned by corporate insiders |
Multifiling Mitra 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 Multifiling Stock often depends not only on the future outlook of the current and potential Multifiling Mitra'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. Multifiling Mitra's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 757.6 M | |
Cash And Short Term Investments | 96 B |
Multifiling Mitra Technical Analysis
Multifiling Mitra's future price can be derived by breaking down and analyzing its technical indicators over time. Multifiling Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Multifiling Mitra Indonesia. In general, you should focus on analyzing Multifiling Stock price patterns and their correlations with different microeconomic environments and drivers.
Multifiling Mitra Predictive Forecast Models
Multifiling Mitra's time-series forecasting models is one of many Multifiling Mitra'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 Multifiling Mitra'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 Multifiling Mitra
Checking the ongoing alerts about Multifiling Mitra for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Multifiling Mitra help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Multifiling Mitra generated a negative expected return over the last 90 days | |
About 99.0% of the company outstanding shares are owned by corporate insiders |
Check out Multifiling Mitra Backtesting, Multifiling Mitra Valuation, Multifiling Mitra Correlation, Multifiling Mitra Hype Analysis, Multifiling Mitra Volatility, Multifiling Mitra History as well as Multifiling Mitra Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Multifiling Stock analysis
When running Multifiling Mitra's price analysis, check to measure Multifiling Mitra'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 Multifiling Mitra is operating at the current time. Most of Multifiling Mitra's value examination focuses on studying past and present price action to predict the probability of Multifiling Mitra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multifiling Mitra's price. Additionally, you may evaluate how the addition of Multifiling Mitra to your portfolios can decrease your overall portfolio volatility.
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