Akbank Turk Anonim Stock Market Value
| AKBTY Stock | USD 3.40 0.06 1.73% |
| Symbol | Akbank |
Akbank Turk '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 Akbank Turk's otc 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 Akbank Turk.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Akbank Turk on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Akbank Turk Anonim or generate 0.0% return on investment in Akbank Turk over 30 days. Akbank Turk is related to or competes with PSB Holdings, and United Overseas. Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationa... More
Akbank Turk 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 Akbank Turk's otc 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 Akbank Turk Anonim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.35 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 6.12 |
Akbank Turk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akbank Turk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akbank Turk's standard deviation. In reality, there are many statistical measures that can use Akbank Turk historical prices to predict the future Akbank Turk's volatility.| Risk Adjusted Performance | 0.0146 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0407 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akbank Turk'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.
Akbank Turk Anonim Backtested Returns
At this stage we consider Akbank OTC Stock to be risky. Akbank Turk Anonim secures Sharpe Ratio (or Efficiency) of 0.0199, which signifies that the company had a 0.0199% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Akbank Turk Anonim, which you can use to evaluate the volatility of the firm. Please confirm Akbank Turk's risk adjusted performance of 0.0146, and Mean Deviation of 3.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.0795%. Akbank Turk has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Akbank Turk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akbank Turk is expected to be smaller as well. Akbank Turk Anonim right now shows a risk of 4.01%. Please confirm Akbank Turk Anonim value at risk, and the relationship between the information ratio and kurtosis , to decide if Akbank Turk Anonim will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Akbank Turk Anonim has very weak reverse predictability. Overlapping area represents the amount of predictability between Akbank Turk time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Akbank Turk Anonim price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Akbank Turk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Akbank Turk Anonim lagged returns against current returns
Autocorrelation, which is Akbank Turk otc 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 Akbank Turk's otc stock expected returns. We can calculate the autocorrelation of Akbank Turk returns to help us make a trade decision. For example, suppose you find that Akbank Turk has exhibited high autocorrelation historically, and you observe that the otc 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 |
Akbank Turk 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 Akbank Turk otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akbank Turk otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akbank Turk otc stock over time.
Current vs Lagged Prices |
| Timeline |
Akbank Turk Lagged Returns
When evaluating Akbank Turk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akbank Turk otc stock have on its future price. Akbank Turk 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, Akbank Turk autocorrelation shows the relationship between Akbank Turk otc stock current value and its past values and can show if there is a momentum factor associated with investing in Akbank Turk Anonim.
Regressed Prices |
| Timeline |
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.Additional Tools for Akbank OTC Stock Analysis
When running Akbank Turk's price analysis, check to measure Akbank Turk'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 Akbank Turk is operating at the current time. Most of Akbank Turk's value examination focuses on studying past and present price action to predict the probability of Akbank Turk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akbank Turk's price. Additionally, you may evaluate how the addition of Akbank Turk to your portfolios can decrease your overall portfolio volatility.