Park Elektrik (Turkey) Probability of Future Stock Price Finishing Under 26.98
PRKME Stock | TRY 25.52 0.26 1.03% |
Park |
Park Elektrik Target Price Odds to finish below 26.98
The tendency of Park 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 26.98 after 90 days |
25.52 | 90 days | 26.98 | over 95.8 |
Based on a normal probability distribution, the odds of Park Elektrik to stay under 26.98 after 90 days from now is over 95.8 (This Park Elektrik Uretim probability density function shows the probability of Park Stock to fall within a particular range of prices over 90 days) . Probability of Park Elektrik Uretim price to stay between its current price of 25.52 and 26.98 at the end of the 90-day period is about 13.34 .
Assuming the 90 days trading horizon Park Elektrik has a beta of 0.62 indicating as returns on the market go up, Park Elektrik average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Park Elektrik Uretim will be expected to be much smaller as well. Additionally Park Elektrik Uretim has an alpha of 0.151, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Park Elektrik Price Density |
Price |
Predictive Modules for Park Elektrik
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Park Elektrik Uretim. 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 Park Elektrik'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.
Park Elektrik Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Park Elektrik is not an exception. The market had few large corrections towards the Park Elektrik'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 Park Elektrik Uretim, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Park Elektrik within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.15 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 1.83 | |
Ir | Information ratio | 0.04 |
Park Elektrik 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 Park Elektrik for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Park Elektrik Uretim can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Park Elektrik Uretim had very high historical volatility over the last 90 days | |
About 68.0% of the company outstanding shares are owned by corporate insiders |
Park Elektrik 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 Park Stock often depends not only on the future outlook of the current and potential Park Elektrik'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. Park Elektrik's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 148.9 M |
Park Elektrik Technical Analysis
Park Elektrik's future price can be derived by breaking down and analyzing its technical indicators over time. Park Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Park Elektrik Uretim. In general, you should focus on analyzing Park Stock price patterns and their correlations with different microeconomic environments and drivers.
Park Elektrik Predictive Forecast Models
Park Elektrik's time-series forecasting models is one of many Park Elektrik'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 Park Elektrik'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 Park Elektrik Uretim
Checking the ongoing alerts about Park Elektrik for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Park Elektrik Uretim help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Park Elektrik Uretim had very high historical volatility over the last 90 days | |
About 68.0% of the company outstanding shares are owned by corporate insiders |
Check out Park Elektrik Backtesting, Park Elektrik Valuation, Park Elektrik Correlation, Park Elektrik Hype Analysis, Park Elektrik Volatility, Park Elektrik History as well as Park Elektrik Performance. Note that the Park Elektrik Uretim information on this page should be used as a complementary analysis to other Park Elektrik's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Park Stock analysis
When running Park Elektrik's price analysis, check to measure Park Elektrik'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 Park Elektrik is operating at the current time. Most of Park Elektrik's value examination focuses on studying past and present price action to predict the probability of Park Elektrik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Elektrik's price. Additionally, you may evaluate how the addition of Park Elektrik to your portfolios can decrease your overall portfolio volatility.
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