Tofas Turk (Turkey) Probability of Future Stock Price Finishing Under 204.99
| TOASO Stock | TRY 204.70 1.00 0.49% |
Tofas |
Tofas Turk Target Price Odds to finish below 204.99
The tendency of Tofas 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 204.99 after 90 days |
| 204.70 | 90 days | 204.99 | about 45.74 |
Based on a normal probability distribution, the odds of Tofas Turk to stay under 204.99 after 90 days from now is about 45.74 (This Tofas Turk Otomobil probability density function shows the probability of Tofas Stock to fall within a particular range of prices over 90 days) . Probability of Tofas Turk Otomobil price to stay between its current price of 204.70 and 204.99 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tofas Turk has a beta of 0.39. This usually implies as returns on the market go up, Tofas Turk average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tofas Turk Otomobil will be expected to be much smaller as well. Additionally Tofas Turk Otomobil 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. Tofas Turk Price Density |
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Predictive Modules for Tofas Turk
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tofas Turk Otomobil. 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.Tofas Turk Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tofas Turk is not an exception. The market had few large corrections towards the Tofas Turk'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 Tofas Turk Otomobil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tofas Turk within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 17.58 | |
Ir | Information ratio | -0.15 |
Tofas Turk 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 Tofas Turk for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tofas Turk Otomobil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tofas Turk Otomobil generated a negative expected return over the last 90 days | |
| Tofas Turk Otomobil has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
Tofas Turk 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 Tofas Stock often depends not only on the future outlook of the current and potential Tofas Turk'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. Tofas Turk's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 500 M |
Tofas Turk Technical Analysis
Tofas Turk's future price can be derived by breaking down and analyzing its technical indicators over time. Tofas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tofas Turk Otomobil. In general, you should focus on analyzing Tofas Stock price patterns and their correlations with different microeconomic environments and drivers.
Tofas Turk Predictive Forecast Models
Tofas Turk's time-series forecasting models is one of many Tofas Turk'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 Tofas Turk'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 Tofas Turk Otomobil
Checking the ongoing alerts about Tofas Turk for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tofas Turk Otomobil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tofas Turk Otomobil generated a negative expected return over the last 90 days | |
| Tofas Turk Otomobil has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tofas Stock
Tofas Turk financial ratios help investors to determine whether Tofas 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 Tofas with respect to the benefits of owning Tofas Turk security.