Akfen Gayrimenkul (Turkey) Market Value
| AKFGY Stock | TRY 2.24 0.01 0.44% |
| Symbol | Akfen |
Akfen 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 Akfen 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 Akfen Gayrimenkul.
| 11/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Akfen Gayrimenkul on November 9, 2023 and sell it all today you would earn a total of 0.00 from holding Akfen Gayrimenkul Yatirim or generate 0.0% return on investment in Akfen Gayrimenkul over 390 days. Akfen Gayrimenkul is related to or competes with Gentas Genel, Qnb Finansbank, Trabzonspor Sportif, and Turkish Airlines. Akfen REIT was established in 2006 through a change in trade registry name and a restructuring of Aksel Tourism Investme... More
Akfen 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 Akfen 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 Akfen Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.38 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 2.75 |
Akfen Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akfen Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akfen Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Akfen Gayrimenkul historical prices to predict the future Akfen Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0215 | |||
| Jensen Alpha | 0.0078 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1545 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akfen 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.
Akfen Gayrimenkul Yatirim Backtested Returns
Akfen Gayrimenkul is unstable at the moment. Akfen Gayrimenkul Yatirim secures Sharpe Ratio (or Efficiency) of 0.0134, which signifies that the company had a 0.0134% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Akfen Gayrimenkul Yatirim, which you can use to evaluate the volatility of the firm. Please confirm Akfen Gayrimenkul's mean deviation of 1.58, and Risk Adjusted Performance of 0.0215 to double-check if the risk estimate we provide is consistent with the expected return of 0.0267%. Akfen Gayrimenkul has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akfen Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akfen Gayrimenkul is expected to be smaller as well. Akfen Gayrimenkul Yatirim right now shows a risk of 2.0%. Please confirm Akfen Gayrimenkul Yatirim standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Akfen Gayrimenkul Yatirim will be following its price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Akfen Gayrimenkul Yatirim has modest reverse predictability. Overlapping area represents the amount of predictability between Akfen Gayrimenkul time series from 9th of November 2023 to 22nd of May 2024 and 22nd of May 2024 to 3rd of December 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 Akfen Gayrimenkul Yatirim price movement. The serial correlation of -0.47 indicates that about 47.0% of current Akfen Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Akfen Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Akfen 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 Akfen Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Akfen Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Akfen 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 |
Akfen 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 Akfen Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akfen Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akfen Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Akfen Gayrimenkul Lagged Returns
When evaluating Akfen Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akfen Gayrimenkul stock have on its future price. Akfen 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, Akfen Gayrimenkul autocorrelation shows the relationship between Akfen Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Akfen Gayrimenkul Yatirim.
Regressed Prices |
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Other Information on Investing in Akfen Stock
Akfen Gayrimenkul financial ratios help investors to determine whether Akfen 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 Akfen with respect to the benefits of owning Akfen Gayrimenkul security.