Vestel Elektronik (Turkey) Market Value
| VESTL Stock | TRY 96.30 8.75 9.99% |
| Symbol | Vestel |
Vestel Elektronik '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 Vestel Elektronik'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 Vestel Elektronik.
| 02/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in Vestel Elektronik on February 4, 2024 and sell it all today you would earn a total of 0.00 from holding Vestel Elektronik Sanayi or generate 0.0% return on investment in Vestel Elektronik over 90 days. Vestel Elektronik is related to or competes with Yesil Yatirim, Trend Gayrimenkul, Escort Teknoloji, Marmaris Altinyunus, Milpa Ticari, QNB Finans, and Yesil Yapi. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white g... More
Vestel Elektronik 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 Vestel Elektronik'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 Vestel Elektronik Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.1928 | |||
| Maximum Drawdown | 16.04 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 9.99 |
Vestel Elektronik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vestel Elektronik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vestel Elektronik's standard deviation. In reality, there are many statistical measures that can use Vestel Elektronik historical prices to predict the future Vestel Elektronik's volatility.| Risk Adjusted Performance | 0.1402 | |||
| Jensen Alpha | 0.9161 | |||
| Total Risk Alpha | 0.6186 | |||
| Sortino Ratio | 0.279 | |||
| Treynor Ratio | 1.38 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vestel Elektronik'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.
Vestel Elektronik Sanayi Backtested Returns
Vestel Elektronik appears to be very steady, given 3 months investment horizon. Vestel Elektronik Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Vestel Elektronik's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review Vestel Elektronik's Coefficient Of Variation of 488.84, risk adjusted performance of 0.1402, and Semi Deviation of 2.89 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vestel Elektronik holds a performance score of 12. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vestel Elektronik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vestel Elektronik is expected to be smaller as well. Please check Vestel Elektronik's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Vestel Elektronik's existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Vestel Elektronik Sanayi has below average predictability. Overlapping area represents the amount of predictability between Vestel Elektronik time series from 4th of February 2024 to 20th of March 2024 and 20th of March 2024 to 4th 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 Vestel Elektronik Sanayi price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Vestel Elektronik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 15.78 |
Vestel Elektronik Sanayi lagged returns against current returns
Autocorrelation, which is Vestel Elektronik 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 Vestel Elektronik's stock expected returns. We can calculate the autocorrelation of Vestel Elektronik returns to help us make a trade decision. For example, suppose you find that Vestel Elektronik 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 |
Vestel Elektronik 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 Vestel Elektronik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vestel Elektronik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vestel Elektronik stock over time.
Current vs Lagged Prices |
| Timeline |
Vestel Elektronik Lagged Returns
When evaluating Vestel Elektronik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vestel Elektronik stock have on its future price. Vestel Elektronik 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, Vestel Elektronik autocorrelation shows the relationship between Vestel Elektronik stock current value and its past values and can show if there is a momentum factor associated with investing in Vestel Elektronik Sanayi.
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 Vestel Elektronik 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, Vestel Elektronik's short interest history, or implied volatility extrapolated from Vestel Elektronik options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Vestel Elektronik Correlation, Vestel Elektronik Volatility and Vestel Elektronik Alpha and Beta module to complement your research on Vestel Elektronik. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Vestel Stock analysis
When running Vestel Elektronik's price analysis, check to measure Vestel Elektronik'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 Vestel Elektronik is operating at the current time. Most of Vestel Elektronik's value examination focuses on studying past and present price action to predict the probability of Vestel Elektronik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestel Elektronik's price. Additionally, you may evaluate how the addition of Vestel Elektronik to your portfolios can decrease your overall portfolio volatility.
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Vestel Elektronik 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.