Alkim Kagit (Turkey) Probability of Future Stock Price Finishing Over 29.70
| ALKA Stock | TRY 29.70 0.32 1.09% |
Alkim |
Alkim Kagit Target Price Odds to finish over 29.70
The tendency of Alkim 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 above the current price in 90 days |
| 29.70 | 90 days | 29.70 | about 67.18 |
Based on a normal probability distribution, the odds of Alkim Kagit to move above the current price in 90 days from now is about 67.18 (This Alkim Kagit Sanayi probability density function shows the probability of Alkim Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Alkim Kagit Sanayi has a beta of -0.25. This suggests as returns on the benchmark increase, returns on holding Alkim Kagit are expected to decrease at a much lower rate. During a bear market, however, Alkim Kagit Sanayi is likely to outperform the market. Additionally Alkim Kagit Sanayi has an alpha of 0.1586, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Alkim Kagit Price Density |
| Price |
Predictive Modules for Alkim Kagit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alkim Kagit Sanayi. 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 Alkim Kagit'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.
Alkim Kagit Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alkim Kagit is not an exception. The market had few large corrections towards the Alkim Kagit'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 Alkim Kagit Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alkim Kagit within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | -0.25 | |
σ | Overall volatility | 3.44 | |
Ir | Information ratio | 0.03 |
Alkim Kagit 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 Alkim Kagit for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alkim Kagit Sanayi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alkim Kagit Sanayi had very high historical volatility over the last 90 days | |
| About 80.0% of the company shares are held by company insiders |
Alkim Kagit 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 Alkim Stock often depends not only on the future outlook of the current and potential Alkim Kagit'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. Alkim Kagit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.5 M |
Alkim Kagit Technical Analysis
Alkim Kagit's future price can be derived by breaking down and analyzing its technical indicators over time. Alkim Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alkim Kagit Sanayi. In general, you should focus on analyzing Alkim Stock price patterns and their correlations with different microeconomic environments and drivers.
Alkim Kagit Predictive Forecast Models
Alkim Kagit's time-series forecasting models is one of many Alkim Kagit'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 Alkim Kagit'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 Alkim Kagit Sanayi
Checking the ongoing alerts about Alkim Kagit for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alkim Kagit Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alkim Kagit Sanayi had very high historical volatility over the last 90 days | |
| About 80.0% of the company shares are held by company insiders |
Check out Alkim Kagit Backtesting, Alkim Kagit Valuation, Alkim Kagit Correlation, Alkim Kagit Hype Analysis, Alkim Kagit Volatility, Alkim Kagit History as well as Alkim Kagit Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Alkim Stock analysis
When running Alkim Kagit's price analysis, check to measure Alkim Kagit'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 Alkim Kagit is operating at the current time. Most of Alkim Kagit's value examination focuses on studying past and present price action to predict the probability of Alkim Kagit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkim Kagit's price. Additionally, you may evaluate how the addition of Alkim Kagit to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |