Rodrigo Tekstil (Turkey) Probability of Future Stock Price Finishing Under 11.84

RODRG Stock  TRY 20.64  0.02  0.1%   
Rodrigo Tekstil's future price is the expected price of Rodrigo Tekstil instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Rodrigo Tekstil Sanayi performance during a given time horizon utilizing its historical volatility. Check out Rodrigo Tekstil Backtesting, Rodrigo Tekstil Valuation, Rodrigo Tekstil Correlation, Rodrigo Tekstil Hype Analysis, Rodrigo Tekstil Volatility, Rodrigo Tekstil History as well as Rodrigo Tekstil Performance.
  
Please specify Rodrigo Tekstil's target price for which you would like Rodrigo Tekstil odds to be computed.

Rodrigo Tekstil Target Price Odds to finish below 11.84

The tendency of Rodrigo 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 PriceHorizonTarget PriceOdds to drop to  11.84  or more in 90 days
 20.64 90 days 11.84 
near 1
Based on a normal probability distribution, the odds of Rodrigo Tekstil to drop to  11.84  or more in 90 days from now is near 1 (This Rodrigo Tekstil Sanayi probability density function shows the probability of Rodrigo Stock to fall within a particular range of prices over 90 days) . Probability of Rodrigo Tekstil Sanayi price to stay between  11.84  and its current price of 20.64 at the end of the 90-day period is about 50.56 .
Assuming the 90 days trading horizon Rodrigo Tekstil Sanayi has a beta of -0.8 indicating as returns on the benchmark increase, returns on holding Rodrigo Tekstil are expected to decrease at a much lower rate. During a bear market, however, Rodrigo Tekstil Sanayi is likely to outperform the market. Additionally Rodrigo Tekstil Sanayi 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.
   Rodrigo Tekstil Price Density   
       Price  

Predictive Modules for Rodrigo Tekstil

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rodrigo Tekstil 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.
Hype
Prediction
LowEstimatedHigh
17.4020.6623.92
Details
Intrinsic
Valuation
LowRealHigh
14.3217.5820.84
Details
Naive
Forecast
LowNextHigh
18.6821.9425.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.6520.8721.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rodrigo Tekstil. Your research has to be compared to or analyzed against Rodrigo Tekstil's peers to derive any actionable benefits. When done correctly, Rodrigo Tekstil's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rodrigo Tekstil Sanayi.

Rodrigo Tekstil Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Rodrigo Tekstil is not an exception. The market had few large corrections towards the Rodrigo Tekstil'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 Rodrigo Tekstil Sanayi, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rodrigo Tekstil within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.06
β
Beta against Dow Jones-0.8
σ
Overall volatility
1.36
Ir
Information ratio -0.1

Rodrigo Tekstil 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 Rodrigo Tekstil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rodrigo Tekstil 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.
Rodrigo Tekstil generated a negative expected return over the last 90 days
Rodrigo Tekstil has high historical volatility and very poor performance
Rodrigo Tekstil has accumulated 7.72 Million in debt which can lead to volatile earnings
The company reported the revenue of 37.07 M. Net Loss for the year was (1.91 M) with profit before overhead, payroll, taxes, and interest of 11.81 M.
Rodrigo Tekstil Sanayi has accumulated about 1.67 M in cash with (3.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Roughly 51.0% of the company outstanding shares are owned by corporate insiders

Rodrigo Tekstil 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 Rodrigo Stock often depends not only on the future outlook of the current and potential Rodrigo Tekstil'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. Rodrigo Tekstil's indicators that are reflective of the short sentiment are summarized in the table below.

Rodrigo Tekstil Technical Analysis

Rodrigo Tekstil's future price can be derived by breaking down and analyzing its technical indicators over time. Rodrigo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rodrigo Tekstil Sanayi. In general, you should focus on analyzing Rodrigo Stock price patterns and their correlations with different microeconomic environments and drivers.

Rodrigo Tekstil Predictive Forecast Models

Rodrigo Tekstil's time-series forecasting models is one of many Rodrigo Tekstil'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 Rodrigo Tekstil'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 Rodrigo Tekstil Sanayi

Checking the ongoing alerts about Rodrigo Tekstil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rodrigo Tekstil Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Rodrigo Tekstil generated a negative expected return over the last 90 days
Rodrigo Tekstil has high historical volatility and very poor performance
Rodrigo Tekstil has accumulated 7.72 Million in debt which can lead to volatile earnings
The company reported the revenue of 37.07 M. Net Loss for the year was (1.91 M) with profit before overhead, payroll, taxes, and interest of 11.81 M.
Rodrigo Tekstil Sanayi has accumulated about 1.67 M in cash with (3.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Roughly 51.0% of the company outstanding shares are owned by corporate insiders

Other Information on Investing in Rodrigo Stock

Rodrigo Tekstil financial ratios help investors to determine whether Rodrigo 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 Rodrigo with respect to the benefits of owning Rodrigo Tekstil security.