Ege Endustri (Turkey) Probability of Future Stock Price Finishing Under 15837.5
| EGEEN Stock | TRY 14,005 865.00 5.82% |
Ege |
Ege Endustri Target Price Odds to finish below 15837.5
The tendency of Ege 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 15,838 after 90 days |
| 14,005 | 90 days | 15,838 | about 68.71 |
Based on a normal probability distribution, the odds of Ege Endustri to stay under 15,838 after 90 days from now is about 68.71 (This Ege Endustri ve probability density function shows the probability of Ege Stock to fall within a particular range of prices over 90 days) . Probability of Ege Endustri ve price to stay between its current price of 14,005 and 15,838 at the end of the 90-day period is about 58.81 .
Assuming the 90 days trading horizon Ege Endustri ve has a beta of -0.76 suggesting as returns on the benchmark increase, returns on holding Ege Endustri are expected to decrease at a much lower rate. During a bear market, however, Ege Endustri ve is likely to outperform the market. Additionally Ege Endustri ve has an alpha of 0.2046, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ege Endustri Price Density |
| Price |
Predictive Modules for Ege Endustri
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ege Endustri ve. 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 Ege Endustri'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.
Ege Endustri Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ege Endustri is not an exception. The market had few large corrections towards the Ege Endustri'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 Ege Endustri ve, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ege Endustri within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | -0.76 | |
σ | Overall volatility | 1,035 | |
Ir | Information ratio | 0.02 |
Ege Endustri 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 Ege Endustri for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ege Endustri ve can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ege Endustri ve had very high historical volatility over the last 90 days | |
| About 64.0% of the company shares are held by company insiders |
Ege Endustri Technical Analysis
Ege Endustri's future price can be derived by breaking down and analyzing its technical indicators over time. Ege Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ege Endustri ve. In general, you should focus on analyzing Ege Stock price patterns and their correlations with different microeconomic environments and drivers.
Ege Endustri Predictive Forecast Models
Ege Endustri's time-series forecasting models is one of many Ege Endustri'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 Ege Endustri'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 Ege Endustri ve
Checking the ongoing alerts about Ege Endustri for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ege Endustri ve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ege Endustri ve had very high historical volatility over the last 90 days | |
| About 64.0% of the company shares are held by company insiders |
Check out Ege Endustri Backtesting, Ege Endustri Valuation, Ege Endustri Correlation, Ege Endustri Hype Analysis, Ege Endustri Volatility, Ege Endustri History as well as Ege Endustri Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Ege Stock analysis
When running Ege Endustri's price analysis, check to measure Ege Endustri'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 Ege Endustri is operating at the current time. Most of Ege Endustri's value examination focuses on studying past and present price action to predict the probability of Ege Endustri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ege Endustri's price. Additionally, you may evaluate how the addition of Ege Endustri to your portfolios can decrease your overall portfolio volatility.
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