Nigbas Nigde (Turkey) Probability of Future Stock Price Finishing Under 14.14
| NIBAS Stock | TRY 18.64 0.10 0.53% |
Nigbas |
Nigbas Nigde Target Price Odds to finish below 14.14
The tendency of Nigbas 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 14.14 or more in 90 days |
| 18.64 | 90 days | 14.14 | near 1 |
Based on a normal probability distribution, the odds of Nigbas Nigde to drop to 14.14 or more in 90 days from now is near 1 (This Nigbas Nigde Beton probability density function shows the probability of Nigbas Stock to fall within a particular range of prices over 90 days) . Probability of Nigbas Nigde Beton price to stay between 14.14 and its current price of 18.64 at the end of the 90-day period is about 56.47 .
Assuming the 90 days trading horizon Nigbas Nigde Beton has a beta of -1.16. This indicates as returns on its benchmark rise, returns on holding Nigbas Nigde Beton are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nigbas Nigde is expected to outperform its benchmark. Additionally Nigbas Nigde Beton has an alpha of 0.5674, implying that it can generate a 0.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nigbas Nigde Price Density |
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Predictive Modules for Nigbas Nigde
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nigbas Nigde Beton. 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 Nigbas Nigde'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.
Nigbas Nigde Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nigbas Nigde is not an exception. The market had few large corrections towards the Nigbas Nigde'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 Nigbas Nigde Beton, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nigbas Nigde within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.57 | |
β | Beta against Dow Jones | -1.16 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | 0.07 |
Nigbas Nigde 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 Nigbas Nigde for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nigbas Nigde Beton can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nigbas Nigde Beton had very high historical volatility over the last 90 days | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Nigbas Nigde 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 Nigbas Stock often depends not only on the future outlook of the current and potential Nigbas Nigde'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. Nigbas Nigde's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54 M | |
| Shares Float | 27.5 M |
Nigbas Nigde Technical Analysis
Nigbas Nigde's future price can be derived by breaking down and analyzing its technical indicators over time. Nigbas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nigbas Nigde Beton. In general, you should focus on analyzing Nigbas Stock price patterns and their correlations with different microeconomic environments and drivers.
Nigbas Nigde Predictive Forecast Models
Nigbas Nigde's time-series forecasting models is one of many Nigbas Nigde'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 Nigbas Nigde'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 Nigbas Nigde Beton
Checking the ongoing alerts about Nigbas Nigde for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nigbas Nigde Beton help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nigbas Nigde Beton had very high historical volatility over the last 90 days | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nigbas Stock
Nigbas Nigde financial ratios help investors to determine whether Nigbas 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 Nigbas with respect to the benefits of owning Nigbas Nigde security.