Oba Makarnaclk (Turkey) Market Value
| OBAMS Stock | 55.80 1.75 3.04% |
| Symbol | Oba |
Oba Makarnaclk '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 Oba Makarnaclk'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 Oba Makarnaclk.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Oba Makarnaclk on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Oba Makarnaclk San or generate 0.0% return on investment in Oba Makarnaclk over 90 days.
Oba Makarnaclk 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 Oba Makarnaclk'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 Oba Makarnaclk San upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | 0.0335 | |||
| Maximum Drawdown | 19.99 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 9.1 |
Oba Makarnaclk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oba Makarnaclk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oba Makarnaclk's standard deviation. In reality, there are many statistical measures that can use Oba Makarnaclk historical prices to predict the future Oba Makarnaclk's volatility.| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | 0.3453 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | (0.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oba Makarnaclk'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.
Oba Makarnaclk San Backtested Returns
Oba Makarnaclk San maintains Sharpe Ratio (i.e., Efficiency) of -0.0691, which implies the firm had a -0.0691 % return per unit of risk over the last 3 months. Oba Makarnaclk San exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oba Makarnaclk's Coefficient Of Variation of 1542.38, risk adjusted performance of 0.0685, and Semi Deviation of 3.83 to confirm the risk estimate we provide. The company holds a Beta of -0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Oba Makarnaclk are expected to decrease at a much lower rate. During the bear market, Oba Makarnaclk is likely to outperform the market. At this point, Oba Makarnaclk San has a negative expected return of -0.27%. Please make sure to check Oba Makarnaclk's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Oba Makarnaclk San performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Oba Makarnaclk San has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Oba Makarnaclk time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oba Makarnaclk San price movement. The serial correlation of -0.79 indicates that around 79.0% of current Oba Makarnaclk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 25.37 |
Oba Makarnaclk San lagged returns against current returns
Autocorrelation, which is Oba Makarnaclk 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 Oba Makarnaclk's stock expected returns. We can calculate the autocorrelation of Oba Makarnaclk returns to help us make a trade decision. For example, suppose you find that Oba Makarnaclk 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 |
Oba Makarnaclk 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 Oba Makarnaclk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oba Makarnaclk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oba Makarnaclk stock over time.
Current vs Lagged Prices |
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Oba Makarnaclk Lagged Returns
When evaluating Oba Makarnaclk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oba Makarnaclk stock have on its future price. Oba Makarnaclk 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, Oba Makarnaclk autocorrelation shows the relationship between Oba Makarnaclk stock current value and its past values and can show if there is a momentum factor associated with investing in Oba Makarnaclk San.
Regressed Prices |
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