MMC Sanayi (Turkey) Probability of Future Stock Price Finishing Under 17.15
| MMCAS Stock | TRY 20.88 0.48 2.35% |
MMC |
MMC Sanayi Target Price Odds to finish below 17.15
The tendency of MMC 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 17.15 or more in 90 days |
| 20.88 | 90 days | 17.15 | near 1 |
Based on a normal probability distribution, the odds of MMC Sanayi to drop to 17.15 or more in 90 days from now is near 1 (This MMC Sanayi ve probability density function shows the probability of MMC Stock to fall within a particular range of prices over 90 days) . Probability of MMC Sanayi ve price to stay between 17.15 and its current price of 20.88 at the end of the 90-day period is about 12.23 .
Assuming the 90 days trading horizon MMC Sanayi has a beta of 0.46. This indicates as returns on the market go up, MMC Sanayi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MMC Sanayi ve will be expected to be much smaller as well. Additionally MMC Sanayi ve 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. MMC Sanayi Price Density |
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Predictive Modules for MMC Sanayi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MMC Sanayi 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MMC Sanayi'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.
MMC Sanayi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MMC Sanayi is not an exception. The market had few large corrections towards the MMC Sanayi'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 MMC Sanayi ve, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MMC Sanayi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 2.14 | |
Ir | Information ratio | -0.11 |
MMC Sanayi 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 MMC Sanayi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MMC Sanayi 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.| MMC Sanayi ve generated a negative expected return over the last 90 days | |
| MMC Sanayi ve has high historical volatility and very poor performance | |
| MMC Sanayi ve has accumulated about 573.37 K in cash with (465.25 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
MMC Sanayi Technical Analysis
MMC Sanayi's future price can be derived by breaking down and analyzing its technical indicators over time. MMC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MMC Sanayi ve. In general, you should focus on analyzing MMC Stock price patterns and their correlations with different microeconomic environments and drivers.
MMC Sanayi Predictive Forecast Models
MMC Sanayi's time-series forecasting models is one of many MMC Sanayi'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 MMC Sanayi'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 MMC Sanayi ve
Checking the ongoing alerts about MMC Sanayi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MMC Sanayi ve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MMC Sanayi ve generated a negative expected return over the last 90 days | |
| MMC Sanayi ve has high historical volatility and very poor performance | |
| MMC Sanayi ve has accumulated about 573.37 K in cash with (465.25 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Other Information on Investing in MMC Stock
MMC Sanayi financial ratios help investors to determine whether MMC 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 MMC with respect to the benefits of owning MMC Sanayi security.