Tekfen Holding (Turkey) Probability of Future Stock Price Finishing Under 77.4
| TKFEN Stock | TRY 77.30 0.40 0.51% |
Tekfen |
Tekfen Holding Target Price Odds to finish below 77.4
The tendency of Tekfen 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 77.40 after 90 days |
| 77.30 | 90 days | 77.40 | about 87.44 |
Based on a normal probability distribution, the odds of Tekfen Holding to stay under 77.40 after 90 days from now is about 87.44 (This Tekfen Holding AS probability density function shows the probability of Tekfen Stock to fall within a particular range of prices over 90 days) . Probability of Tekfen Holding AS price to stay between its current price of 77.30 and 77.40 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tekfen Holding has a beta of 0.17. This usually implies as returns on the market go up, Tekfen Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tekfen Holding AS will be expected to be much smaller as well. Additionally Tekfen Holding AS has an alpha of 0.5946, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tekfen Holding Price Density |
| Price |
Predictive Modules for Tekfen Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tekfen Holding AS. 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.Tekfen Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tekfen Holding is not an exception. The market had few large corrections towards the Tekfen Holding'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 Tekfen Holding AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tekfen Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 11.24 | |
Ir | Information ratio | 0.17 |
Tekfen Holding 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 Tekfen Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tekfen Holding AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tekfen Holding AS appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Tekfen Holding 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 Tekfen Stock often depends not only on the future outlook of the current and potential Tekfen Holding'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. Tekfen Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 370 M |
Tekfen Holding Technical Analysis
Tekfen Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Tekfen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tekfen Holding AS. In general, you should focus on analyzing Tekfen Stock price patterns and their correlations with different microeconomic environments and drivers.
Tekfen Holding Predictive Forecast Models
Tekfen Holding's time-series forecasting models is one of many Tekfen Holding'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 Tekfen Holding'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 Tekfen Holding AS
Checking the ongoing alerts about Tekfen Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tekfen Holding AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tekfen Holding AS appears to be risky and price may revert if volatility continues | |
| About 50.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tekfen Stock
Tekfen Holding financial ratios help investors to determine whether Tekfen 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 Tekfen with respect to the benefits of owning Tekfen Holding security.