Kordsa Global (Turkey) Probability of Future Stock Price Finishing Under 68.36
| KORDS Stock | TRY 72.25 0.75 1.03% |
Kordsa |
Kordsa Global Target Price Odds to finish below 68.36
The tendency of Kordsa 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 drop to 68.36 or more in 90 days |
| 72.25 | 90 days | 68.36 | about 1.25 |
Based on a normal probability distribution, the odds of Kordsa Global to drop to 68.36 or more in 90 days from now is about 1.25 (This Kordsa Global Endustriyel probability density function shows the probability of Kordsa Stock to fall within a particular range of prices over 90 days) . Probability of Kordsa Global Endustriyel price to stay between 68.36 and its current price of 72.25 at the end of the 90-day period is about 38.16 .
Assuming the 90 days trading horizon Kordsa Global has a beta of 0.1. This indicates as returns on the market go up, Kordsa Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kordsa Global Endustriyel will be expected to be much smaller as well. Additionally Kordsa Global Endustriyel has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Kordsa Global Price Density |
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Predictive Modules for Kordsa Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kordsa Global Endustriyel. 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 Kordsa Global'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.
Kordsa Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Kordsa Global is not an exception. The market had few large corrections towards the Kordsa Global'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 Kordsa Global Endustriyel, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Kordsa Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.06 |
Kordsa Global 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 Kordsa Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Kordsa Global Endustriyel can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Kordsa Global generated a negative expected return over the last 90 days | |
| The company has 1.27 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Kordsa Global 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 Kordsa Stock often depends not only on the future outlook of the current and potential Kordsa Global'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. Kordsa Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 194.5 M |
Kordsa Global Technical Analysis
Kordsa Global's future price can be derived by breaking down and analyzing its technical indicators over time. Kordsa Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Kordsa Global Endustriyel. In general, you should focus on analyzing Kordsa Stock price patterns and their correlations with different microeconomic environments and drivers.
Kordsa Global Predictive Forecast Models
Kordsa Global's time-series forecasting models is one of many Kordsa Global'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 Kordsa Global'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 Kordsa Global Endustriyel
Checking the ongoing alerts about Kordsa Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Kordsa Global Endustriyel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Kordsa Global generated a negative expected return over the last 90 days | |
| The company has 1.27 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Kordsa Stock
Kordsa Global financial ratios help investors to determine whether Kordsa 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 Kordsa with respect to the benefits of owning Kordsa Global security.