TSKB Gayrimenkul (Turkey) Market Value
| TSGYO Stock | TRY 11.57 0.76 7.03% |
| Symbol | TSKB |
TSKB 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 TSKB 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 TSKB Gayrimenkul.
| 04/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in TSKB Gayrimenkul on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding TSKB Gayrimenkul Yatirim or generate 0.0% return on investment in TSKB Gayrimenkul over 30 days. TSKB Gayrimenkul is related to or competes with Turkiye Is, Ege Endustri, Turkiye Petrol, Otokar Otomotiv, Celebi Hava, Ford Otomotiv, and Turk Traktor. TSKB Gayrimenkul Yatirim Ortakligi A.S operates as a subsidiary of Turkiye Sinai Kalkinma Bankasi A.S More
TSKB 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 TSKB 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 TSKB Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.3515 | |||
| Maximum Drawdown | 18.21 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 7.02 |
TSKB Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TSKB Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TSKB Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use TSKB Gayrimenkul historical prices to predict the future TSKB Gayrimenkul's volatility.| Risk Adjusted Performance | 0.2464 | |||
| Jensen Alpha | 1.07 | |||
| Total Risk Alpha | 0.8438 | |||
| Sortino Ratio | 0.4204 | |||
| Treynor Ratio | (72.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TSKB 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.
TSKB Gayrimenkul Yatirim Backtested Returns
TSKB Gayrimenkul is somewhat reliable given 3 months investment horizon. TSKB Gayrimenkul Yatirim owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.37, which indicates the firm had a 0.37% return per unit of volatility over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use TSKB Gayrimenkul Yatirim risk adjusted performance of 0.2464, and Coefficient Of Variation of 268.78 to evaluate company specific risk that cannot be diversified away. TSKB Gayrimenkul holds a performance score of 29 on a scale of zero to a hundred. The entity has a beta of -0.0147, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TSKB Gayrimenkul are expected to decrease at a much lower rate. During the bear market, TSKB Gayrimenkul is likely to outperform the market. Use TSKB Gayrimenkul Yatirim value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on TSKB Gayrimenkul Yatirim.
Auto-correlation | -0.59 |
Good reverse predictability
TSKB Gayrimenkul Yatirim has good reverse predictability. Overlapping area represents the amount of predictability between TSKB Gayrimenkul time series from 2nd of April 2024 to 17th of April 2024 and 17th of April 2024 to 2nd 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 TSKB Gayrimenkul Yatirim price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current TSKB Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
TSKB Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is TSKB 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 TSKB Gayrimenkul's stock expected returns. We can calculate the autocorrelation of TSKB Gayrimenkul returns to help us make a trade decision. For example, suppose you find that TSKB 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 |
TSKB 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 TSKB Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TSKB Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TSKB Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
TSKB Gayrimenkul Lagged Returns
When evaluating TSKB Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TSKB Gayrimenkul stock have on its future price. TSKB 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, TSKB Gayrimenkul autocorrelation shows the relationship between TSKB Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in TSKB 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 TSKB 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, TSKB Gayrimenkul's short interest history, or implied volatility extrapolated from TSKB Gayrimenkul options trading.
Currently Active Assets on Macroaxis
Check out TSKB Gayrimenkul Correlation, TSKB Gayrimenkul Volatility and TSKB Gayrimenkul Alpha and Beta module to complement your research on TSKB Gayrimenkul. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for TSKB Stock analysis
When running TSKB Gayrimenkul's price analysis, check to measure TSKB 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 TSKB Gayrimenkul is operating at the current time. Most of TSKB Gayrimenkul's value examination focuses on studying past and present price action to predict the probability of TSKB 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 TSKB Gayrimenkul's price. Additionally, you may evaluate how the addition of TSKB Gayrimenkul to your portfolios can decrease your overall portfolio volatility.
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TSKB 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.