Ege Endustri (Turkey) Probability of Future Stock Price Finishing Under 10,875
| EGEEN Stock | TRY 10,530 47.50 0.45% |
Ege |
Ege Endustri Target Price Odds to finish below 10,875
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 move below current price in 90 days |
| 10,530 | 90 days | 10,530 | about 49.01 |
Based on a normal probability distribution, the odds of Ege Endustri to move below current price in 90 days from now is about 49.01 (This Ege Endustri ve probability density function shows the probability of Ege Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.28 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ege Endustri will likely underperform. Additionally Ege Endustri ve has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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.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 Dow Jones | -0.06 | |
β | Beta against Dow Jones | 1.28 | |
σ | Overall volatility | 592.87 | |
Ir | Information ratio | -0.01 |
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 generated a negative expected return 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 generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are held by company insiders |
Other Information on Investing in Ege Stock
Ege Endustri financial ratios help investors to determine whether Ege 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 Ege with respect to the benefits of owning Ege Endustri security.