SASA Polyester (Turkey) Probability of Future Stock Price Finishing Over 39.88
| SASA Stock | TRY 41.28 0.44 1.05% |
SASA |
SASA Polyester Target Price Odds to finish over 39.88
The tendency of SASA 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 above 39.88 in 90 days |
| 41.28 | 90 days | 39.88 | about 45.0 |
Based on a normal probability distribution, the odds of SASA Polyester to stay above 39.88 in 90 days from now is about 45.0 (This SASA Polyester Sanayi probability density function shows the probability of SASA Stock to fall within a particular range of prices over 90 days) . Probability of SASA Polyester Sanayi price to stay between 39.88 and its current price of 41.28 at the end of the 90-day period is about 28.24 .
Assuming the 90 days trading horizon SASA Polyester Sanayi has a beta of -0.59. This usually implies as returns on the benchmark increase, returns on holding SASA Polyester are expected to decrease at a much lower rate. During a bear market, however, SASA Polyester Sanayi is likely to outperform the market. Additionally SASA Polyester Sanayi has an alpha of 0.2654, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). SASA Polyester Price Density |
| Price |
Predictive Modules for SASA Polyester
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SASA Polyester Sanayi. 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 SASA Polyester'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.
SASA Polyester Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SASA Polyester is not an exception. The market had few large corrections towards the SASA Polyester'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 SASA Polyester Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SASA Polyester within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | -0.59 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | 0.07 |
SASA Polyester 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 SASA Polyester for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SASA Polyester Sanayi can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 8.67 B in total debt with debt to equity ratio (D/E) of 2.02, implying the company greatly relies on financing operations through barrowing. SASA Polyester Sanayi has a current ratio of 0.74, 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 SASA Polyester until it has trouble settling it off, either with new capital or with free cash flow. So, SASA Polyester'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 SASA Polyester Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SASA to invest in growth at high rates of return. When we think about SASA Polyester's use of debt, we should always consider it together with cash and equity. | |
| About 84.0% of SASA Polyester outstanding shares are owned by corporate insiders |
SASA Polyester 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 SASA Stock often depends not only on the future outlook of the current and potential SASA Polyester'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. SASA Polyester's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
SASA Polyester Technical Analysis
SASA Polyester's future price can be derived by breaking down and analyzing its technical indicators over time. SASA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SASA Polyester Sanayi. In general, you should focus on analyzing SASA Stock price patterns and their correlations with different microeconomic environments and drivers.
SASA Polyester Predictive Forecast Models
SASA Polyester's time-series forecasting models is one of many SASA Polyester'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 SASA Polyester'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 SASA Polyester Sanayi
Checking the ongoing alerts about SASA Polyester for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SASA Polyester Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 8.67 B in total debt with debt to equity ratio (D/E) of 2.02, implying the company greatly relies on financing operations through barrowing. SASA Polyester Sanayi has a current ratio of 0.74, 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 SASA Polyester until it has trouble settling it off, either with new capital or with free cash flow. So, SASA Polyester'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 SASA Polyester Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SASA to invest in growth at high rates of return. When we think about SASA Polyester's use of debt, we should always consider it together with cash and equity. | |
| About 84.0% of SASA Polyester outstanding shares are owned by corporate insiders |
Check out SASA Polyester Backtesting, SASA Polyester Valuation, SASA Polyester Correlation, SASA Polyester Hype Analysis, SASA Polyester Volatility, SASA Polyester History as well as SASA Polyester Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for SASA Stock analysis
When running SASA Polyester's price analysis, check to measure SASA Polyester'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 SASA Polyester is operating at the current time. Most of SASA Polyester's value examination focuses on studying past and present price action to predict the probability of SASA Polyester's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SASA Polyester's price. Additionally, you may evaluate how the addition of SASA Polyester to your portfolios can decrease your overall portfolio volatility.
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