Ekiz Kimya (Turkey) Probability of Future Stock Price Finishing Under 14.78
| EKIZ Stock | TRY 57.60 0.10 0.17% |
Ekiz |
Ekiz Kimya Target Price Odds to finish below 14.78
The tendency of Ekiz 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 drop to 14.78 or more in 90 days |
| 57.60 | 90 days | 14.78 | near 1 |
Based on a normal probability distribution, the odds of Ekiz Kimya to drop to 14.78 or more in 90 days from now is near 1 (This Ekiz Kimya Sanayi probability density function shows the probability of Ekiz Stock to fall within a particular range of prices over 90 days) . Probability of Ekiz Kimya Sanayi price to stay between 14.78 and its current price of 57.6 at the end of the 90-day period is about 28.75 .
Assuming the 90 days trading horizon Ekiz Kimya has a beta of 0.31 suggesting as returns on the market go up, Ekiz Kimya average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ekiz Kimya Sanayi will be expected to be much smaller as well. Additionally Ekiz Kimya Sanayi 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. Ekiz Kimya Price Density |
| Price |
Predictive Modules for Ekiz Kimya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ekiz Kimya 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.Ekiz Kimya Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ekiz Kimya is not an exception. The market had few large corrections towards the Ekiz Kimya'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 Ekiz Kimya Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ekiz Kimya within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 4.45 | |
Ir | Information ratio | -0.12 |
Ekiz Kimya 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 Ekiz Kimya for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ekiz Kimya 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.| Ekiz Kimya Sanayi generated a negative expected return over the last 90 days | |
| Ekiz Kimya Sanayi has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Ekiz Kimya Sanayi has accumulated 18.5 M in total debt with debt to equity ratio (D/E) of 352.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ekiz Kimya Sanayi has a current ratio of 0.47, 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 Ekiz Kimya until it has trouble settling it off, either with new capital or with free cash flow. So, Ekiz Kimya'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 Ekiz Kimya Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ekiz to invest in growth at high rates of return. When we think about Ekiz Kimya's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of Ekiz Kimya shares are held by company insiders |
Ekiz Kimya Technical Analysis
Ekiz Kimya's future price can be derived by breaking down and analyzing its technical indicators over time. Ekiz Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ekiz Kimya Sanayi. In general, you should focus on analyzing Ekiz Stock price patterns and their correlations with different microeconomic environments and drivers.
Ekiz Kimya Predictive Forecast Models
Ekiz Kimya's time-series forecasting models is one of many Ekiz Kimya'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 Ekiz Kimya'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 Ekiz Kimya Sanayi
Checking the ongoing alerts about Ekiz Kimya for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ekiz Kimya Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ekiz Kimya Sanayi generated a negative expected return over the last 90 days | |
| Ekiz Kimya Sanayi has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Ekiz Kimya Sanayi has accumulated 18.5 M in total debt with debt to equity ratio (D/E) of 352.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ekiz Kimya Sanayi has a current ratio of 0.47, 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 Ekiz Kimya until it has trouble settling it off, either with new capital or with free cash flow. So, Ekiz Kimya'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 Ekiz Kimya Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ekiz to invest in growth at high rates of return. When we think about Ekiz Kimya's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of Ekiz Kimya shares are held by company insiders |
Additional Tools for Ekiz Stock Analysis
When running Ekiz Kimya's price analysis, check to measure Ekiz Kimya'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 Ekiz Kimya is operating at the current time. Most of Ekiz Kimya's value examination focuses on studying past and present price action to predict the probability of Ekiz Kimya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ekiz Kimya's price. Additionally, you may evaluate how the addition of Ekiz Kimya to your portfolios can decrease your overall portfolio volatility.