EIS Eczacibasi (Turkey) Probability of Future Stock Price Finishing Under 54.1
| ECILC Stock | TRY 47.88 0.52 1.07% |
EIS |
EIS Eczacibasi Target Price Odds to finish below 54.1
The tendency of EIS 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 54.10 after 90 days |
| 47.88 | 90 days | 54.10 | close to 99 |
Based on a normal probability distribution, the odds of EIS Eczacibasi to stay under 54.10 after 90 days from now is close to 99 (This EIS Eczacibasi Ilac probability density function shows the probability of EIS Stock to fall within a particular range of prices over 90 days) . Probability of EIS Eczacibasi Ilac price to stay between its current price of 47.88 and 54.10 at the end of the 90-day period is about 14.82 .
Assuming the 90 days trading horizon EIS Eczacibasi Ilac has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding EIS Eczacibasi are expected to decrease at a much lower rate. During a bear market, however, EIS Eczacibasi Ilac is likely to outperform the market. Additionally EIS Eczacibasi Ilac has an alpha of 0.0276, implying that it can generate a 0.0276 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EIS Eczacibasi Price Density |
| Price |
Predictive Modules for EIS Eczacibasi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EIS Eczacibasi Ilac. 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 EIS Eczacibasi'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.
EIS Eczacibasi Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EIS Eczacibasi is not an exception. The market had few large corrections towards the EIS Eczacibasi'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 EIS Eczacibasi Ilac, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EIS Eczacibasi within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 4.13 | |
Ir | Information ratio | -0.0089 |
EIS Eczacibasi 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 EIS Eczacibasi for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EIS Eczacibasi Ilac can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 81.0% of the company shares are held by company insiders |
EIS Eczacibasi 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 EIS Stock often depends not only on the future outlook of the current and potential EIS Eczacibasi'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. EIS Eczacibasi's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 685.3 M |
EIS Eczacibasi Technical Analysis
EIS Eczacibasi's future price can be derived by breaking down and analyzing its technical indicators over time. EIS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EIS Eczacibasi Ilac. In general, you should focus on analyzing EIS Stock price patterns and their correlations with different microeconomic environments and drivers.
EIS Eczacibasi Predictive Forecast Models
EIS Eczacibasi's time-series forecasting models is one of many EIS Eczacibasi'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 EIS Eczacibasi'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 EIS Eczacibasi Ilac
Checking the ongoing alerts about EIS Eczacibasi for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EIS Eczacibasi Ilac help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 81.0% of the company shares are held by company insiders |
Other Information on Investing in EIS Stock
EIS Eczacibasi financial ratios help investors to determine whether EIS 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 EIS with respect to the benefits of owning EIS Eczacibasi security.