Yonga Mobilya (Turkey) Probability of Future Stock Price Finishing Over 94.45
| YONGA Stock | TRY 94.45 8.55 9.95% |
Yonga |
Yonga Mobilya Target Price Odds to finish over 94.45
The tendency of Yonga 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 |
| 94.45 | 90 days | 94.45 | about 7.75 |
Based on a normal probability distribution, the odds of Yonga Mobilya to move above the current price in 90 days from now is about 7.75 (This Yonga Mobilya Sanayi probability density function shows the probability of Yonga Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Yonga Mobilya Sanayi has a beta of -1.73. This entails as returns on its benchmark rise, returns on holding Yonga Mobilya Sanayi are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Yonga Mobilya is expected to outperform its benchmark. Moreover Yonga Mobilya Sanayi has an alpha of 1.4125, implying that it can generate a 1.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Yonga Mobilya Price Density |
| Price |
Predictive Modules for Yonga Mobilya
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yonga Mobilya 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 Yonga Mobilya'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.
Yonga Mobilya Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Yonga Mobilya is not an exception. The market had few large corrections towards the Yonga Mobilya'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 Yonga Mobilya Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Yonga Mobilya within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 1.41 | |
β | Beta against NYSE Composite | -1.73 | |
σ | Overall volatility | 14.93 | |
Ir | Information ratio | 0.22 |
Yonga Mobilya 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 Yonga Mobilya for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Yonga Mobilya 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.| Yonga Mobilya Sanayi is way too risky over 90 days horizon | |
| Yonga Mobilya Sanayi appears to be risky and price may revert if volatility continues | |
| Yonga Mobilya Sanayi has accumulated about 18.07 M in cash with (9.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08. |
Yonga Mobilya Technical Analysis
Yonga Mobilya's future price can be derived by breaking down and analyzing its technical indicators over time. Yonga Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Yonga Mobilya Sanayi. In general, you should focus on analyzing Yonga Stock price patterns and their correlations with different microeconomic environments and drivers.
Yonga Mobilya Predictive Forecast Models
Yonga Mobilya's time-series forecasting models is one of many Yonga Mobilya'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 Yonga Mobilya'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 Yonga Mobilya Sanayi
Checking the ongoing alerts about Yonga Mobilya for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Yonga Mobilya Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Yonga Mobilya Sanayi is way too risky over 90 days horizon | |
| Yonga Mobilya Sanayi appears to be risky and price may revert if volatility continues | |
| Yonga Mobilya Sanayi has accumulated about 18.07 M in cash with (9.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08. |
Check out Yonga Mobilya Backtesting, Yonga Mobilya Valuation, Yonga Mobilya Correlation, Yonga Mobilya Hype Analysis, Yonga Mobilya Volatility, Yonga Mobilya History as well as Yonga Mobilya Performance. Note that the Yonga Mobilya Sanayi information on this page should be used as a complementary analysis to other Yonga Mobilya'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Yonga Stock analysis
When running Yonga Mobilya's price analysis, check to measure Yonga Mobilya'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 Yonga Mobilya is operating at the current time. Most of Yonga Mobilya's value examination focuses on studying past and present price action to predict the probability of Yonga Mobilya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yonga Mobilya's price. Additionally, you may evaluate how the addition of Yonga Mobilya to your portfolios can decrease your overall portfolio volatility.
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