Turk Tuborg (Turkey) Probability of Future Stock Price Finishing Under 128.5
| TBORG Stock | TRY 130.30 0.10 0.08% |
Turk |
Turk Tuborg Target Price Odds to finish below 128.5
The tendency of Turk 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 128.50 or more in 90 days |
| 130.30 | 90 days | 128.50 | about 67.04 |
Based on a normal probability distribution, the odds of Turk Tuborg to drop to 128.50 or more in 90 days from now is about 67.04 (This Turk Tuborg Bira probability density function shows the probability of Turk Stock to fall within a particular range of prices over 90 days) . Probability of Turk Tuborg Bira price to stay between 128.50 and its current price of 130.3 at the end of the 90-day period is about 5.28 .
Assuming the 90 days trading horizon Turk Tuborg has a beta of 0.35. This usually implies as returns on the market go up, Turk Tuborg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Turk Tuborg Bira will be expected to be much smaller as well. Additionally Turk Tuborg Bira has an alpha of 0.391, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Turk Tuborg Price Density |
| Price |
Predictive Modules for Turk Tuborg
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turk Tuborg Bira. 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.Turk Tuborg Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Turk Tuborg is not an exception. The market had few large corrections towards the Turk Tuborg'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 Turk Tuborg Bira, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Turk Tuborg within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 11.87 | |
Ir | Information ratio | 0.08 |
Turk Tuborg 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 Turk Tuborg for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Turk Tuborg Bira can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Turk Tuborg Bira had very high historical volatility over the last 90 days | |
| About 96.0% of the company outstanding shares are owned by corporate insiders |
Turk Tuborg 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 Turk Stock often depends not only on the future outlook of the current and potential Turk Tuborg'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. Turk Tuborg's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 322.5 M |
Turk Tuborg Technical Analysis
Turk Tuborg's future price can be derived by breaking down and analyzing its technical indicators over time. Turk Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Turk Tuborg Bira. In general, you should focus on analyzing Turk Stock price patterns and their correlations with different microeconomic environments and drivers.
Turk Tuborg Predictive Forecast Models
Turk Tuborg's time-series forecasting models is one of many Turk Tuborg'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 Turk Tuborg'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 Turk Tuborg Bira
Checking the ongoing alerts about Turk Tuborg for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Turk Tuborg Bira help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Turk Tuborg Bira had very high historical volatility over the last 90 days | |
| About 96.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Turk Stock
Turk Tuborg financial ratios help investors to determine whether Turk 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 Turk with respect to the benefits of owning Turk Tuborg security.