Soktas Tekstil (Turkey) Probability of Future Stock Price Finishing Over 8.04
| SKTAS Stock | TRY 4.65 0.08 1.69% |
Soktas |
Soktas Tekstil Target Price Odds to finish over 8.04
The tendency of Soktas 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 over 8.04 or more in 90 days |
| 4.65 | 90 days | 8.04 | near 1 |
Based on a normal probability distribution, the odds of Soktas Tekstil to move over 8.04 or more in 90 days from now is near 1 (This Soktas Tekstil Sanayi probability density function shows the probability of Soktas Stock to fall within a particular range of prices over 90 days) . Probability of Soktas Tekstil Sanayi price to stay between its current price of 4.65 and 8.04 at the end of the 90-day period is about 61.62 .
Assuming the 90 days trading horizon Soktas Tekstil has a beta of 0.44. This usually implies as returns on the market go up, Soktas Tekstil average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Soktas Tekstil Sanayi will be expected to be much smaller as well. Additionally Soktas Tekstil Sanayi has an alpha of 0.1003, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Soktas Tekstil Price Density |
| Price |
Predictive Modules for Soktas Tekstil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Soktas Tekstil 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 Soktas Tekstil'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.
Soktas Tekstil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Soktas Tekstil is not an exception. The market had few large corrections towards the Soktas Tekstil'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 Soktas Tekstil Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Soktas Tekstil within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | 0.02 |
Soktas Tekstil 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 Soktas Tekstil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Soktas Tekstil 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.| Soktas Tekstil had very high historical volatility over the last 90 days | |
| Soktas Tekstil has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Soktas Tekstil Sanayi has accumulated 175.9 M in total debt with debt to equity ratio (D/E) of 456.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Soktas Tekstil Sanayi has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Soktas Tekstil until it has trouble settling it off, either with new capital or with free cash flow. So, Soktas Tekstil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Soktas Tekstil Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Soktas to invest in growth at high rates of return. When we think about Soktas Tekstil's use of debt, we should always consider it together with cash and equity. | |
| About 40.0% of Soktas Tekstil outstanding shares are owned by corporate insiders |
Soktas Tekstil 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 Soktas Stock often depends not only on the future outlook of the current and potential Soktas Tekstil'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. Soktas Tekstil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.8 M |
Soktas Tekstil Technical Analysis
Soktas Tekstil's future price can be derived by breaking down and analyzing its technical indicators over time. Soktas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Soktas Tekstil Sanayi. In general, you should focus on analyzing Soktas Stock price patterns and their correlations with different microeconomic environments and drivers.
Soktas Tekstil Predictive Forecast Models
Soktas Tekstil's time-series forecasting models is one of many Soktas Tekstil'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 Soktas Tekstil'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 Soktas Tekstil Sanayi
Checking the ongoing alerts about Soktas Tekstil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Soktas Tekstil Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Soktas Tekstil had very high historical volatility over the last 90 days | |
| Soktas Tekstil has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Soktas Tekstil Sanayi has accumulated 175.9 M in total debt with debt to equity ratio (D/E) of 456.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Soktas Tekstil Sanayi has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Soktas Tekstil until it has trouble settling it off, either with new capital or with free cash flow. So, Soktas Tekstil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Soktas Tekstil Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Soktas to invest in growth at high rates of return. When we think about Soktas Tekstil's use of debt, we should always consider it together with cash and equity. | |
| About 40.0% of Soktas Tekstil outstanding shares are owned by corporate insiders |
Other Information on Investing in Soktas Stock
Soktas Tekstil financial ratios help investors to determine whether Soktas 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 Soktas with respect to the benefits of owning Soktas Tekstil security.