ENKA Insaat (Turkey) Probability of Future Stock Price Finishing Under 49.19
| ENKAI Stock | TRY 52.45 0.80 1.55% |
ENKA |
ENKA Insaat Target Price Odds to finish below 49.19
The tendency of ENKA 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 49.19 or more in 90 days |
| 52.45 | 90 days | 49.19 | about 58.51 |
Based on a normal probability distribution, the odds of ENKA Insaat to drop to 49.19 or more in 90 days from now is about 58.51 (This ENKA Insaat ve probability density function shows the probability of ENKA Stock to fall within a particular range of prices over 90 days) . Probability of ENKA Insaat ve price to stay between 49.19 and its current price of 52.45 at the end of the 90-day period is about 32.59 .
Assuming the 90 days trading horizon ENKA Insaat has a beta of 0.56 suggesting as returns on the market go up, ENKA Insaat average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENKA Insaat ve will be expected to be much smaller as well. Additionally ENKA Insaat ve has an alpha of 0.0958, implying that it can generate a 0.0958 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ENKA Insaat Price Density |
| Price |
Predictive Modules for ENKA Insaat
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ENKA Insaat 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.ENKA Insaat Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ENKA Insaat is not an exception. The market had few large corrections towards the ENKA Insaat'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 ENKA Insaat ve, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ENKA Insaat within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.1 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 2.86 | |
Ir | Information ratio | 0.02 |
ENKA Insaat 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 ENKA Insaat for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ENKA Insaat 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.| About 71.0% of the company shares are held by company insiders |
ENKA Insaat 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 ENKA Stock often depends not only on the future outlook of the current and potential ENKA Insaat'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. ENKA Insaat's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.5 B |
ENKA Insaat Technical Analysis
ENKA Insaat's future price can be derived by breaking down and analyzing its technical indicators over time. ENKA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ENKA Insaat ve. In general, you should focus on analyzing ENKA Stock price patterns and their correlations with different microeconomic environments and drivers.
ENKA Insaat Predictive Forecast Models
ENKA Insaat's time-series forecasting models is one of many ENKA Insaat'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 ENKA Insaat'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 ENKA Insaat ve
Checking the ongoing alerts about ENKA Insaat for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ENKA Insaat ve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 71.0% of the company shares are held by company insiders |
Other Information on Investing in ENKA Stock
ENKA Insaat financial ratios help investors to determine whether ENKA 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 ENKA with respect to the benefits of owning ENKA Insaat security.