Mega Polietilen (Turkey) Today
| MEGAP Stock | TRY 8.36 0.76 10.00% |
Performance19 of 100
| Odds Of DistressLess than 9
|
Mega Polietilen is trading at 8.36 as of the 6th of May 2024. This is a 10.00 percent increase since the beginning of the trading day. The stock's open price was 7.6. Mega Polietilen has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Mega Polietilen Kopuk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2023 and ending today, the 6th of May 2024. Click here to learn more.
Mega Polietilen Kpk Sanayi ve Ticaret Anonim Sirketi produces and sells foam sheets in Turkey. It offers closed cell polyethylene sheets for automotive, white good, construction and insulation, packaging, shoe and slipper, textile and bag, spore, marine and yacht, and orthopedic sectors. The company has 125 M outstanding shares. More on Mega Polietilen Kopuk
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Mega Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mega Polietilen's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mega Polietilen or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Selahattin Karacelik |
| Business Concentration | Chemicals, Basic Materials (View all Sectors) |
Mega Polietilen Kopuk (MEGAP) is traded on Istanbul Stock Exchange in Turkey and employs 305 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 631.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mega Polietilen's market, we take the total number of its shares issued and multiply it by Mega Polietilen's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mega Polietilen Kopuk operates under Basic Materials sector and is part of Chemicals industry. The entity has 125 M outstanding shares.
Mega Polietilen Kopuk has accumulated about 741.13 K in cash with (130.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Mega Polietilen Probability Of Bankruptcy
Ownership AllocationMega Polietilen Kopuk holds a total of 125 Million outstanding shares. Mega Polietilen Kopuk holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Mega Ownership Details
Mega Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Mega Polietilen jumping above the current price in 90 days from now is near 1%. The Mega Polietilen Kopuk probability density function shows the probability of Mega Polietilen stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Mega Polietilen Kopuk has a beta of -0.3573. This indicates as returns on the benchmark increase, returns on holding Mega Polietilen are expected to decrease at a much lower rate. During a bear market, however, Mega Polietilen Kopuk is likely to outperform the market. Additionally, mega Polietilen Kopuk has an alpha of 0.9487, implying that it can generate a 0.95 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mega Polietilen to move above the current price in 90 days from now is near 1 (This Mega Polietilen Kopuk probability density function shows the probability of Mega Stock to fall within a particular range of prices over 90 days) .
Mega Polietilen Kopuk Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mega Polietilen market risk premium is the additional return an investor will receive from holding Mega Polietilen long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mega Polietilen. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mega Polietilen's alpha and beta are two of the key measurements used to evaluate Mega Polietilen's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.95 | |||
| Semi Deviation | 2.31 | |||
| Standard Deviation | 3.92 | |||
| Variance | 15.34 |
Mega Stock Against Markets
Picking the right benchmark for Mega Polietilen stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mega Polietilen stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mega Polietilen is critical whether you are bullish or bearish towards Mega Polietilen Kopuk at a given time. Please also check how Mega Polietilen's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mega Polietilen without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Mega Stock?
Before investing in Mega Polietilen, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mega Polietilen. To buy Mega Polietilen stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mega Polietilen. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mega Polietilen stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mega Polietilen Kopuk stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mega Polietilen Kopuk stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mega Polietilen Kopuk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Mega Polietilen Kopuk?
The danger of trading Mega Polietilen Kopuk is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mega Polietilen is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mega Polietilen. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mega Polietilen Kopuk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mega Polietilen Kopuk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Mega Stock analysis
When running Mega Polietilen's price analysis, check to measure Mega Polietilen'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 Mega Polietilen is operating at the current time. Most of Mega Polietilen's value examination focuses on studying past and present price action to predict the probability of Mega Polietilen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Polietilen's price. Additionally, you may evaluate how the addition of Mega Polietilen to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |