PT Rohartindo Stock Forward View
| TOOL Stock | 61.00 3.00 4.69% |
TOOL Stock outlook is based on your current time horizon.
The value of RSI of PT Rohartindo's share price is above 70 as of now. This usually implies that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling TOOL, making its price go up or down. Momentum 72
Buy Stretched
Oversold | Overbought |
Using PT Rohartindo hype-based prediction, you can estimate the value of PT Rohartindo Nusantara from the perspective of PT Rohartindo response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of PT Rohartindo Nusantara on the next trading day is expected to be 61.63 with a mean absolute deviation of 1.60 and the sum of the absolute errors of 99.15. PT Rohartindo after-hype prediction price | IDR 61.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
TOOL |
PT Rohartindo Additional Predictive Modules
Most predictive techniques to examine TOOL price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TOOL using various technical indicators. When you analyze TOOL charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PT Rohartindo Naive Prediction Price Forecast For the 20th of February
Given 90 days horizon, the Naive Prediction forecasted value of PT Rohartindo Nusantara on the next trading day is expected to be 61.63 with a mean absolute deviation of 1.60, mean absolute percentage error of 5.51, and the sum of the absolute errors of 99.15.Please note that although there have been many attempts to predict TOOL Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that PT Rohartindo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PT Rohartindo Stock Forecast Pattern
| Backtest PT Rohartindo | PT Rohartindo Price Prediction | Research Analysis |
PT Rohartindo Forecasted Value
In the context of forecasting PT Rohartindo's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. PT Rohartindo's downside and upside margins for the forecasting period are 57.90 and 65.36, respectively. We have considered PT Rohartindo's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of PT Rohartindo stock data series using in forecasting. Note that when a statistical model is used to represent PT Rohartindo stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 121.6552 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5992 |
| MAPE | Mean absolute percentage error | 0.0243 |
| SAE | Sum of the absolute errors | 99.1508 |
Predictive Modules for PT Rohartindo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Rohartindo Nusantara. 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.PT Rohartindo After-Hype Price Density Analysis
As far as predicting the price of PT Rohartindo at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in PT Rohartindo or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of PT Rohartindo, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PT Rohartindo Estimiated After-Hype Price Volatility
In the context of predicting PT Rohartindo's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PT Rohartindo's historical news coverage. PT Rohartindo's after-hype downside and upside margins for the prediction period are 57.27 and 64.73, respectively. We have considered PT Rohartindo's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
PT Rohartindo is very steady at this time. Analysis and calculation of next after-hype price of PT Rohartindo Nusantara is based on 3 months time horizon.
PT Rohartindo Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as PT Rohartindo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PT Rohartindo backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with PT Rohartindo, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.01 | 3.73 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
61.00 | 61.00 | 0.00 |
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PT Rohartindo Hype Timeline
PT Rohartindo Nusantara is at this time traded for 61.00on Jakarta Exchange of Indonesia. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. TOOL is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.01%. %. The volatility of related hype on PT Rohartindo is about 0.0%, with the expected price after the next announcement by competition of 61.00. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of PT Rohartindo to cross-verify your projections.PT Rohartindo Related Hype Analysis
Having access to credible news sources related to PT Rohartindo's direct competition is more important than ever and may enhance your ability to predict PT Rohartindo's future price movements. Getting to know how PT Rohartindo's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how PT Rohartindo may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LPIN | Multi Prima Sejahtera | 0.00 | 0 per month | 0.00 | (0.08) | 1.38 | (1.80) | 6.76 | |
| CINT | Chitose Internasional Tbk | 0.00 | 0 per month | 2.50 | 0.05 | 4.08 | (4.42) | 43.00 | |
| GEMA | Gema Grahasarana Tbk | 0.00 | 0 per month | 1.98 | (0.01) | 4.26 | (4.30) | 13.52 | |
| PTSP | Pioneerindo Gourmet International | 0.00 | 0 per month | 0.00 | (0.04) | 5.63 | (6.31) | 19.63 | |
| LMPI | Langgeng Makmur Industri | 0.00 | 0 per month | 5.29 | 0.07 | 24.60 | (14.65) | 49.81 | |
| SNLK | PT Sunter Lakeside | 0.00 | 0 per month | 0.00 | (0.12) | 2.56 | (4.39) | 11.69 | |
| PGLI | Pembangunan Graha Lestari | 0.00 | 0 per month | 0.00 | (0.15) | 7.84 | (8.61) | 33.40 | |
| CSMI | Cipta Selera Murni | 0.00 | 0 per month | 0.00 | (0.24) | 6.54 | (9.37) | 28.71 | |
| ECII | Electronic City Indonesia | 0.00 | 0 per month | 3.26 | 0.11 | 10.00 | (6.14) | 49.58 | |
| GLOB | Globe Kita Terang | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for PT Rohartindo
For every potential investor in TOOL, whether a beginner or expert, PT Rohartindo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TOOL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TOOL. Basic forecasting techniques help filter out the noise by identifying PT Rohartindo's price trends.PT Rohartindo Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PT Rohartindo stock to make a market-neutral strategy. Peer analysis of PT Rohartindo could also be used in its relative valuation, which is a method of valuing PT Rohartindo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PT Rohartindo Market Strength Events
Market strength indicators help investors to evaluate how PT Rohartindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PT Rohartindo shares will generate the highest return on investment. By undertsting and applying PT Rohartindo stock market strength indicators, traders can identify PT Rohartindo Nusantara entry and exit signals to maximize returns.
| Accumulation Distribution | 707406.0 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 62.0 | |||
| Day Typical Price | 61.67 | |||
| Price Action Indicator | (2.50) | |||
| Period Momentum Indicator | (3.00) | |||
| Relative Strength Index | 72.71 |
PT Rohartindo Risk Indicators
The analysis of PT Rohartindo's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PT Rohartindo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tool stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.18 | |||
| Standard Deviation | 3.6 | |||
| Variance | 12.97 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for PT Rohartindo
The number of cover stories for PT Rohartindo depends on current market conditions and PT Rohartindo's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PT Rohartindo is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about PT Rohartindo's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in TOOL Stock
PT Rohartindo financial ratios help investors to determine whether TOOL 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 TOOL with respect to the benefits of owning PT Rohartindo security.