Prizma Pres (Turkey) Market Value
| PRZMA Stock | TRY 43.96 2.28 4.93% |
| Symbol | Prizma |
Prizma Pres '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 Prizma Pres' 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 Prizma Pres.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in Prizma Pres on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding Prizma Pres Matbaacilik or generate 0.0% return on investment in Prizma Pres over 30 days. Prizma Pres is related to or competes with Turkish Airlines, Galatasaray Sportif, CEO Event, Politeknik Metal, Gentas Genel, and Mackolik Internet. Prizma Pres Matbaacilik Yayincilik Sanayi ve Ticaret A.S More
Prizma Pres 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 Prizma Pres' 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 Prizma Pres Matbaacilik upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 19.51 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 6.03 |
Prizma Pres Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prizma Pres' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prizma Pres' standard deviation. In reality, there are many statistical measures that can use Prizma Pres historical prices to predict the future Prizma Pres' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.78) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prizma Pres' 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.
Prizma Pres Matbaacilik Backtested Returns
Prizma Pres Matbaacilik maintains Sharpe Ratio (i.e., Efficiency) of -0.0684, which implies the firm had a -0.0684% return per unit of risk over the last 3 months. Prizma Pres Matbaacilik exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prizma Pres' Risk Adjusted Performance of (0.04), coefficient of variation of (1,463), and Variance of 13.91 to confirm the risk estimate we provide. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prizma Pres' returns are expected to increase less than the market. However, during the bear market, the loss of holding Prizma Pres is expected to be smaller as well. Prizma Pres Matbaacilik has an expected return of -0.25%. Please make sure to check Prizma Pres Matbaacilik kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Prizma Pres Matbaacilik performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Prizma Pres Matbaacilik has very good reverse predictability. Overlapping area represents the amount of predictability between Prizma Pres time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th 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 Prizma Pres Matbaacilik price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Prizma Pres price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 16.58 |
Prizma Pres Matbaacilik lagged returns against current returns
Autocorrelation, which is Prizma Pres 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 Prizma Pres' stock expected returns. We can calculate the autocorrelation of Prizma Pres returns to help us make a trade decision. For example, suppose you find that Prizma Pres 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 |
Prizma Pres 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 Prizma Pres stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prizma Pres stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prizma Pres stock over time.
Current vs Lagged Prices |
| Timeline |
Prizma Pres Lagged Returns
When evaluating Prizma Pres' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prizma Pres stock have on its future price. Prizma Pres 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, Prizma Pres autocorrelation shows the relationship between Prizma Pres stock current value and its past values and can show if there is a momentum factor associated with investing in Prizma Pres Matbaacilik.
Regressed Prices |
| Timeline |
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Check out Prizma Pres Correlation, Prizma Pres Volatility and Prizma Pres Alpha and Beta module to complement your research on Prizma Pres. Note that the Prizma Pres Matbaacilik information on this page should be used as a complementary analysis to other Prizma Pres' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Prizma Stock analysis
When running Prizma Pres' price analysis, check to measure Prizma Pres' 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 Prizma Pres is operating at the current time. Most of Prizma Pres' value examination focuses on studying past and present price action to predict the probability of Prizma Pres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prizma Pres' price. Additionally, you may evaluate how the addition of Prizma Pres to your portfolios can decrease your overall portfolio volatility.
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Prizma Pres technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.