Otokar Otomotiv (Turkey) Probability of Future Stock Price Finishing Under 473.61
| OTKAR Stock | TRY 462.00 8.75 1.93% |
Otokar |
Otokar Otomotiv Target Price Odds to finish below 473.61
The tendency of Otokar 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 stay under 473.61 after 90 days |
| 462.00 | 90 days | 473.61 | about 90.44 |
Based on a normal probability distribution, the odds of Otokar Otomotiv to stay under 473.61 after 90 days from now is about 90.44 (This Otokar Otomotiv ve probability density function shows the probability of Otokar Stock to fall within a particular range of prices over 90 days) . Probability of Otokar Otomotiv ve price to stay between its current price of 462.00 and 473.61 at the end of the 90-day period is about 14.89 .
Assuming the 90 days trading horizon Otokar Otomotiv has a beta of 0.14. This indicates as returns on the market go up, Otokar Otomotiv average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Otokar Otomotiv ve will be expected to be much smaller as well. Additionally Otokar Otomotiv 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. Otokar Otomotiv Price Density |
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Predictive Modules for Otokar Otomotiv
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Otokar Otomotiv 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.Otokar Otomotiv Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Otokar Otomotiv is not an exception. The market had few large corrections towards the Otokar Otomotiv'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 Otokar Otomotiv ve, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Otokar Otomotiv within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 18.77 | |
Ir | Information ratio | -0.12 |
Otokar Otomotiv 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 Otokar Otomotiv for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Otokar Otomotiv 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.| Otokar Otomotiv ve has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Otokar Otomotiv ve has accumulated about 154.02 M in cash with (1.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.42. | |
| Roughly 69.0% of the company outstanding shares are owned by corporate insiders |
Otokar Otomotiv 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 Otokar Stock often depends not only on the future outlook of the current and potential Otokar Otomotiv'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. Otokar Otomotiv's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24 M |
Otokar Otomotiv Technical Analysis
Otokar Otomotiv's future price can be derived by breaking down and analyzing its technical indicators over time. Otokar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Otokar Otomotiv ve. In general, you should focus on analyzing Otokar Stock price patterns and their correlations with different microeconomic environments and drivers.
Otokar Otomotiv Predictive Forecast Models
Otokar Otomotiv's time-series forecasting models is one of many Otokar Otomotiv'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 Otokar Otomotiv'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 Otokar Otomotiv ve
Checking the ongoing alerts about Otokar Otomotiv for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Otokar Otomotiv ve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Otokar Otomotiv ve has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Otokar Otomotiv ve has accumulated about 154.02 M in cash with (1.8 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.42. | |
| Roughly 69.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Otokar Stock
Otokar Otomotiv financial ratios help investors to determine whether Otokar 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 Otokar with respect to the benefits of owning Otokar Otomotiv security.