Alfas Solar (Turkey) Probability of Future Stock Price Finishing Under 52.7
| ALFAS Stock | 50.75 0.30 0.59% |
Alfas |
Alfas Solar Target Price Odds to finish below 52.7
The tendency of Alfas 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 52.70 after 90 days |
| 50.75 | 90 days | 52.70 | about 44.76 |
Based on a normal probability distribution, the odds of Alfas Solar to stay under 52.70 after 90 days from now is about 44.76 (This Alfas Solar Enerji probability density function shows the probability of Alfas Stock to fall within a particular range of prices over 90 days) . Probability of Alfas Solar Enerji price to stay between its current price of 50.75 and 52.70 at the end of the 90-day period is about 25.7 .
Assuming the 90 days trading horizon Alfas Solar has a beta of 0.44. This suggests as returns on the market go up, Alfas Solar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alfas Solar Enerji will be expected to be much smaller as well. Additionally Alfas Solar Enerji 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. Alfas Solar Price Density |
| Price |
Predictive Modules for Alfas Solar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alfas Solar Enerji. 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 Alfas Solar'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.
Alfas Solar Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alfas Solar is not an exception. The market had few large corrections towards the Alfas Solar'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 Alfas Solar Enerji, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alfas Solar within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 2.63 | |
Ir | Information ratio | -0.1 |
Alfas Solar 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 Alfas Solar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alfas Solar Enerji can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alfas Solar Enerji generated a negative expected return over the last 90 days |
Alfas Solar Technical Analysis
Alfas Solar's future price can be derived by breaking down and analyzing its technical indicators over time. Alfas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alfas Solar Enerji. In general, you should focus on analyzing Alfas Stock price patterns and their correlations with different microeconomic environments and drivers.
Alfas Solar Predictive Forecast Models
Alfas Solar's time-series forecasting models is one of many Alfas Solar'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 Alfas Solar'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 Alfas Solar Enerji
Checking the ongoing alerts about Alfas Solar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alfas Solar Enerji help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alfas Solar Enerji generated a negative expected return over the last 90 days |
Other Information on Investing in Alfas Stock
Alfas Solar financial ratios help investors to determine whether Alfas 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 Alfas with respect to the benefits of owning Alfas Solar security.