Turk Traktor (Turkey) Market Value
| TTRAK Stock | TRY 601.00 5.00 0.84% |
| Symbol | Turk |
Turk Traktor '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 Turk Traktor'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 Turk Traktor.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Turk Traktor on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Turk Traktor ve or generate 0.0% return on investment in Turk Traktor over 90 days. Turk Traktor is related to or competes with Trend Gayrimenkul, Trabzon Liman, Escort Teknoloji, Marti Gayrimenkul, Yesil Yapi, Halk Gayrimenkul, and TSKB Gayrimenkul. Trk Traktr ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machinerie... More
Turk Traktor 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 Turk Traktor'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 Turk Traktor ve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 4.17 |
Turk Traktor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turk Traktor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turk Traktor's standard deviation. In reality, there are many statistical measures that can use Turk Traktor historical prices to predict the future Turk Traktor's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.30) |
Turk Traktor ve Backtested Returns
Turk Traktor ve owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0656, which indicates the firm had a -0.0656 % return per unit of risk over the last 3 months. Turk Traktor ve exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turk Traktor's Risk Adjusted Performance of (0.08), variance of 3.68, and Coefficient Of Variation of (1,078) to confirm the risk estimate we provide. The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Turk Traktor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turk Traktor is expected to be smaller as well. At this point, Turk Traktor ve has a negative expected return of -0.12%. Please make sure to validate Turk Traktor's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Turk Traktor ve performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Turk Traktor ve has very weak reverse predictability. Overlapping area represents the amount of predictability between Turk Traktor time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Turk Traktor ve price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Turk Traktor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 268.48 |
Turk Traktor ve lagged returns against current returns
Autocorrelation, which is Turk Traktor 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 Turk Traktor's stock expected returns. We can calculate the autocorrelation of Turk Traktor returns to help us make a trade decision. For example, suppose you find that Turk Traktor 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 |
Turk Traktor 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 Turk Traktor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turk Traktor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turk Traktor stock over time.
Current vs Lagged Prices |
| Timeline |
Turk Traktor Lagged Returns
When evaluating Turk Traktor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turk Traktor stock have on its future price. Turk Traktor 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, Turk Traktor autocorrelation shows the relationship between Turk Traktor stock current value and its past values and can show if there is a momentum factor associated with investing in Turk Traktor ve.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Turk Stock
Turk Traktor financial ratios help investors to determine whether Turk Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Turk with respect to the benefits of owning Turk Traktor security.