Trend Gayrimenkul (Turkey) Market Value
| TDGYO Stock | 12.90 1.15 8.19% |
| Symbol | Trend |
Trend Gayrimenkul '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 Trend Gayrimenkul'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 Trend Gayrimenkul.
| 04/06/2024 |
| 05/06/2024 |
If you would invest 0.00 in Trend Gayrimenkul on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Trend Gayrimenkul Yatirim or generate 0.0% return on investment in Trend Gayrimenkul over 30 days. Trend Gayrimenkul is related to or competes with Koza Anadolu, E Data, Gentas Genel, Akbank TAS, Sekerbank TAS, Silverline Endustri, and Galatasaray Sportif. More
Trend Gayrimenkul 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 Trend Gayrimenkul'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 Trend Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.27 | |||
| Information Ratio | 0.1129 | |||
| Maximum Drawdown | 19.99 | |||
| Value At Risk | (8.19) | |||
| Potential Upside | 10.0 |
Trend Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trend Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trend Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Trend Gayrimenkul historical prices to predict the future Trend Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0896 | |||
| Jensen Alpha | 0.6999 | |||
| Total Risk Alpha | 0.0847 | |||
| Sortino Ratio | 0.1388 | |||
| Treynor Ratio | (1.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Trend Gayrimenkul'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.
Trend Gayrimenkul Yatirim Backtested Returns
Trend Gayrimenkul appears to be slightly risky, given 3 months investment horizon. Trend Gayrimenkul Yatirim owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Trend Gayrimenkul's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please review Trend Gayrimenkul's Semi Deviation of 3.91, risk adjusted performance of 0.0896, and Coefficient Of Variation of 781.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trend Gayrimenkul holds a performance score of 11. The entity has a beta of -0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Trend Gayrimenkul are expected to decrease at a much lower rate. During the bear market, Trend Gayrimenkul is likely to outperform the market. Please check Trend Gayrimenkul's semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Trend Gayrimenkul's existing price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Trend Gayrimenkul Yatirim has good reverse predictability. Overlapping area represents the amount of predictability between Trend Gayrimenkul time series from 6th of April 2024 to 21st of April 2024 and 21st of April 2024 to 6th of May 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 Trend Gayrimenkul Yatirim price movement. The serial correlation of -0.54 indicates that about 54.0% of current Trend Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.14 |
Trend Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Trend Gayrimenkul 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 Trend Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Trend Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Trend Gayrimenkul 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 |
Trend Gayrimenkul 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 Trend Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trend Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trend Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Trend Gayrimenkul Lagged Returns
When evaluating Trend Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trend Gayrimenkul stock have on its future price. Trend Gayrimenkul 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, Trend Gayrimenkul autocorrelation shows the relationship between Trend Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Trend Gayrimenkul Yatirim.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Trend Gayrimenkul in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Trend Gayrimenkul's short interest history, or implied volatility extrapolated from Trend Gayrimenkul options trading.
Currently Active Assets on Macroaxis
Check out Trend Gayrimenkul Correlation, Trend Gayrimenkul Volatility and Trend Gayrimenkul Alpha and Beta module to complement your research on Trend Gayrimenkul. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Trend Stock analysis
When running Trend Gayrimenkul's price analysis, check to measure Trend Gayrimenkul'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 Trend Gayrimenkul is operating at the current time. Most of Trend Gayrimenkul's value examination focuses on studying past and present price action to predict the probability of Trend Gayrimenkul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trend Gayrimenkul's price. Additionally, you may evaluate how the addition of Trend Gayrimenkul to your portfolios can decrease your overall portfolio volatility.
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Trend Gayrimenkul 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.