Petrokent Turizm (Turkey) Probability of Future Stock Price Finishing Over 342.00
| PKENT Stock | TRY 342.00 15.25 4.27% |
Petrokent |
Petrokent Turizm Target Price Odds to finish over 342.00
The tendency of Petrokent 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 move above the current price in 90 days |
| 342.00 | 90 days | 342.00 | about 37.36 |
Based on a normal probability distribution, the odds of Petrokent Turizm to move above the current price in 90 days from now is about 37.36 (This Petrokent Turizm AS probability density function shows the probability of Petrokent Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Petrokent Turizm AS has a beta of -0.0066 indicating as returns on the benchmark increase, returns on holding Petrokent Turizm are expected to decrease at a much lower rate. During a bear market, however, Petrokent Turizm AS is likely to outperform the market. Additionally Petrokent Turizm AS has an alpha of 0.5563, implying that it can generate a 0.56 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Petrokent Turizm Price Density |
| Price |
Predictive Modules for Petrokent Turizm
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Petrokent Turizm. 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 Petrokent Turizm'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.
Petrokent Turizm Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Petrokent Turizm is not an exception. The market had few large corrections towards the Petrokent Turizm'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 Petrokent Turizm AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Petrokent Turizm within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.56 | |
β | Beta against NYSE Composite | -0.0066 | |
σ | Overall volatility | 41.91 | |
Ir | Information ratio | 0.1 |
Petrokent Turizm 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 Petrokent Turizm for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Petrokent Turizm can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Petrokent Turizm appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Petrokent Turizm until it has trouble settling it off, either with new capital or with free cash flow. So, Petrokent Turizm's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petrokent Turizm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petrokent to invest in growth at high rates of return. When we think about Petrokent Turizm's use of debt, we should always consider it together with cash and equity. | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Petrokent Turizm 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 Petrokent Stock often depends not only on the future outlook of the current and potential Petrokent Turizm'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. Petrokent Turizm's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 597.2 M |
Petrokent Turizm Technical Analysis
Petrokent Turizm's future price can be derived by breaking down and analyzing its technical indicators over time. Petrokent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Petrokent Turizm AS. In general, you should focus on analyzing Petrokent Stock price patterns and their correlations with different microeconomic environments and drivers.
Petrokent Turizm Predictive Forecast Models
Petrokent Turizm's time-series forecasting models is one of many Petrokent Turizm'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 Petrokent Turizm'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 Petrokent Turizm
Checking the ongoing alerts about Petrokent Turizm for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Petrokent Turizm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Petrokent Turizm appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Petrokent Turizm until it has trouble settling it off, either with new capital or with free cash flow. So, Petrokent Turizm's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petrokent Turizm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petrokent to invest in growth at high rates of return. When we think about Petrokent Turizm's use of debt, we should always consider it together with cash and equity. | |
| About 80.0% of the company outstanding shares are owned by corporate insiders |
Check out Petrokent Turizm Backtesting, Petrokent Turizm Valuation, Petrokent Turizm Correlation, Petrokent Turizm Hype Analysis, Petrokent Turizm Volatility, Petrokent Turizm History as well as Petrokent Turizm Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Petrokent Stock analysis
When running Petrokent Turizm's price analysis, check to measure Petrokent Turizm's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petrokent Turizm is operating at the current time. Most of Petrokent Turizm's value examination focuses on studying past and present price action to predict the probability of Petrokent Turizm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrokent Turizm's price. Additionally, you may evaluate how the addition of Petrokent Turizm to your portfolios can decrease your overall portfolio volatility.
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