Turkiye Halk (Turkey) Market Value
| HALKB Stock | TRY 15.92 0.47 3.04% |
| Symbol | Turkiye |
Turkiye Halk 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Turkiye Halk's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Turkiye Halk.
| 03/28/2024 |
| 04/27/2024 |
If you would invest 0.00 in Turkiye Halk on March 28, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Halk Bankasi or generate 0.0% return on investment in Turkiye Halk over 30 days. Turkiye Halk is related to or competes with Korfez Gayrimenkul, Makina Takim, Penta Teknoloji, Sok Marketler, Seyitler Kimya, Lokman Hekim, and DO AG. Trkiye Halk Bankasi A.S., together with its subsidiaries, provides various banking products and services More
Turkiye Halk Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Turkiye Halk's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Turkiye Halk Bankasi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0856 | |||
| Maximum Drawdown | 16.28 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 6.12 |
Turkiye Halk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Halk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Halk's standard deviation. In reality, there are many statistical measures that can use Turkiye Halk historical prices to predict the future Turkiye Halk's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 0.4175 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0974 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Turkiye Halk'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.
Turkiye Halk Bankasi Backtested Returns
Turkiye Halk appears to be somewhat reliable, given 3 months investment horizon. Turkiye Halk Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Turkiye Halk Bankasi, which you can use to evaluate the volatility of the company. Please review Turkiye Halk's Coefficient Of Variation of 876.81, semi deviation of 2.46, and Risk Adjusted Performance of 0.0792 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Turkiye Halk holds a performance score of 8. The entity has a beta of -0.88, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Turkiye Halk are expected to decrease slowly. On the other hand, during market turmoil, Turkiye Halk is expected to outperform it slightly. Please check Turkiye Halk's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Turkiye Halk's existing price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Turkiye Halk Bankasi has good predictability. Overlapping area represents the amount of predictability between Turkiye Halk time series from 28th of March 2024 to 12th of April 2024 and 12th of April 2024 to 27th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Turkiye Halk Bankasi price movement. The serial correlation of 0.72 indicates that around 72.0% of current Turkiye Halk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Turkiye Halk Bankasi lagged returns against current returns
Autocorrelation, which is Turkiye Halk stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Turkiye Halk's stock expected returns. We can calculate the autocorrelation of Turkiye Halk returns to help us make a trade decision. For example, suppose you find that Turkiye Halk has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Turkiye Halk regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Turkiye Halk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Halk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Halk stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Halk Lagged Returns
When evaluating Turkiye Halk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Halk stock have on its future price. Turkiye Halk autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Turkiye Halk autocorrelation shows the relationship between Turkiye Halk stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Halk Bankasi.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Turkiye Halk Correlation, Turkiye Halk Volatility and Turkiye Halk Alpha and Beta module to complement your research on Turkiye Halk. Note that the Turkiye Halk Bankasi information on this page should be used as a complementary analysis to other Turkiye Halk's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Turkiye Stock analysis
When running Turkiye Halk's price analysis, check to measure Turkiye Halk'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 Turkiye Halk is operating at the current time. Most of Turkiye Halk's value examination focuses on studying past and present price action to predict the probability of Turkiye Halk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkiye Halk's price. Additionally, you may evaluate how the addition of Turkiye Halk to your portfolios can decrease your overall portfolio volatility.
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