ICBC Turkey (Turkey) Probability of Future Stock Price Finishing Under 13.84
| ICBCT Stock | TRY 14.15 0.26 1.87% |
ICBC |
ICBC Turkey Target Price Odds to finish below 13.84
The tendency of ICBC 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 13.84 or more in 90 days |
| 14.15 | 90 days | 13.84 | about 90.62 |
Based on a normal probability distribution, the odds of ICBC Turkey to drop to 13.84 or more in 90 days from now is about 90.62 (This ICBC Turkey Bank probability density function shows the probability of ICBC Stock to fall within a particular range of prices over 90 days) . Probability of ICBC Turkey Bank price to stay between 13.84 and its current price of 14.15 at the end of the 90-day period is about 6.97 .
Assuming the 90 days trading horizon ICBC Turkey has a beta of 0.23. This usually indicates as returns on the market go up, ICBC Turkey average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICBC Turkey Bank will be expected to be much smaller as well. Additionally ICBC Turkey Bank 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. ICBC Turkey Price Density |
| Price |
Predictive Modules for ICBC Turkey
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICBC Turkey Bank. 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 ICBC Turkey'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.
ICBC Turkey Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICBC Turkey is not an exception. The market had few large corrections towards the ICBC Turkey'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 ICBC Turkey Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICBC Turkey within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0085 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.04 |
ICBC Turkey 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 ICBC Turkey for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICBC Turkey Bank can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ICBC Turkey Bank has accumulated about 5.08 B in cash with (3.71 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91. | |
| Over 93.0% of the company shares are owned by institutional investors |
ICBC Turkey 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 ICBC Stock often depends not only on the future outlook of the current and potential ICBC Turkey'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. ICBC Turkey's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 860 M |
ICBC Turkey Technical Analysis
ICBC Turkey's future price can be derived by breaking down and analyzing its technical indicators over time. ICBC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICBC Turkey Bank. In general, you should focus on analyzing ICBC Stock price patterns and their correlations with different microeconomic environments and drivers.
ICBC Turkey Predictive Forecast Models
ICBC Turkey's time-series forecasting models is one of many ICBC Turkey'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 ICBC Turkey'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 ICBC Turkey Bank
Checking the ongoing alerts about ICBC Turkey for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICBC Turkey Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICBC Turkey Bank has accumulated about 5.08 B in cash with (3.71 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91. | |
| Over 93.0% of the company shares are owned by institutional investors |
Other Information on Investing in ICBC Stock
ICBC Turkey financial ratios help investors to determine whether ICBC 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 ICBC with respect to the benefits of owning ICBC Turkey security.