Eregli Demir (Turkey) Probability of Future Stock Price Finishing Under 23.29
| EREGL Stock | TRY 22.32 0.04 0.18% |
Eregli |
Eregli Demir Target Price Odds to finish below 23.29
The tendency of Eregli 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 23.29 after 90 days |
| 22.32 | 90 days | 23.29 | about 32.13 |
Based on a normal probability distribution, the odds of Eregli Demir to stay under 23.29 after 90 days from now is about 32.13 (This Eregli Demir ve probability density function shows the probability of Eregli Stock to fall within a particular range of prices over 90 days) . Probability of Eregli Demir ve price to stay between its current price of 22.32 and 23.29 at the end of the 90-day period is about 19.25 .
Assuming the 90 days trading horizon Eregli Demir has a beta of 0.57 suggesting as returns on the market go up, Eregli Demir average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eregli Demir ve will be expected to be much smaller as well. Additionally Eregli Demir 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. Eregli Demir Price Density |
| Price |
Predictive Modules for Eregli Demir
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eregli Demir 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.Eregli Demir Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eregli Demir is not an exception. The market had few large corrections towards the Eregli Demir'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 Eregli Demir ve, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eregli Demir within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 1.46 | |
Ir | Information ratio | -0.1 |
Eregli Demir 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 Eregli Demir for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eregli Demir 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.| Eregli Demir ve generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are held by company insiders |
Eregli Demir 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 Eregli Stock often depends not only on the future outlook of the current and potential Eregli Demir'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. Eregli Demir's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B |
Eregli Demir Technical Analysis
Eregli Demir's future price can be derived by breaking down and analyzing its technical indicators over time. Eregli Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eregli Demir ve. In general, you should focus on analyzing Eregli Stock price patterns and their correlations with different microeconomic environments and drivers.
Eregli Demir Predictive Forecast Models
Eregli Demir's time-series forecasting models is one of many Eregli Demir'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 Eregli Demir'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 Eregli Demir ve
Checking the ongoing alerts about Eregli Demir for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eregli Demir ve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eregli Demir ve generated a negative expected return over the last 90 days | |
| About 61.0% of the company shares are held by company insiders |
Other Information on Investing in Eregli Stock
Eregli Demir financial ratios help investors to determine whether Eregli 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 Eregli with respect to the benefits of owning Eregli Demir security.