Rodrigo Tekstil (Turkey) Probability of Future Stock Price Finishing Over 21.91
| RODRG Stock | TRY 22.80 1.64 7.75% |
Rodrigo |
Rodrigo Tekstil Target Price Odds to finish over 21.91
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 Price | Horizon | Target Price | Odds to stay above 21.91 in 90 days |
| 22.80 | 90 days | 21.91 | about 18.09 |
Based on a normal probability distribution, the odds of Rodrigo Tekstil to stay above 21.91 in 90 days from now is about 18.09 (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 21.91 and its current price of 22.8 at the end of the 90-day period is about 12.23 .
Assuming the 90 days trading horizon Rodrigo Tekstil Sanayi has a beta of -1.26 indicating as returns on its benchmark rise, returns on holding Rodrigo Tekstil Sanayi are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Rodrigo Tekstil is expected to outperform its benchmark. Additionally Rodrigo Tekstil Sanayi has an alpha of 0.31, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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.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 | 0.31 | |
β | Beta against Dow Jones | -1.26 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | 0 |
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 had very high historical volatility over the last 90 days | |
| 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 had very high historical volatility over the last 90 days | |
| 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.