Akis Gayrimenkul (Turkey) Market Value
| AKSGY Stock | TRY 7.08 0.06 0.84% |
| Symbol | Akis |
Akis 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 Akis 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 Akis Gayrimenkul.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Akis Gayrimenkul on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Akis Gayrimenkul Yatirim or generate 0.0% return on investment in Akis Gayrimenkul over 180 days. Akis Gayrimenkul is related to or competes with Akbank TAS, Turkiye Garanti, Yapi Ve, Turkiye Petrol, Turkiye Sise, Qnb Finansbank, and Eregli Demir. AKIS GMYO operates under REITDiversified classification in Turkey and is traded on Istanbul Stock Exchange More
Akis 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 Akis 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 Akis Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.0736 | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.98 |
Akis Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akis Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akis Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Akis Gayrimenkul historical prices to predict the future Akis Gayrimenkul's volatility.| Risk Adjusted Performance | 0.1032 | |||
| Jensen Alpha | 0.3059 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0893 | |||
| Treynor Ratio | (2.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akis 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.
Akis Gayrimenkul Yatirim Backtested Returns
Akis Gayrimenkul appears to be slightly risky, given 3 months investment horizon. Akis Gayrimenkul Yatirim secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Akis Gayrimenkul Yatirim, which you can use to evaluate the volatility of the firm. Please makes use of Akis Gayrimenkul's Risk Adjusted Performance of 0.1032, mean deviation of 1.84, and Downside Deviation of 1.98 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Akis Gayrimenkul holds a performance score of 7. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Akis Gayrimenkul are expected to decrease at a much lower rate. During the bear market, Akis Gayrimenkul is likely to outperform the market. Please check Akis Gayrimenkul's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Akis Gayrimenkul's price patterns will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Akis Gayrimenkul Yatirim has good reverse predictability. Overlapping area represents the amount of predictability between Akis Gayrimenkul time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Akis Gayrimenkul Yatirim price movement. The serial correlation of -0.55 indicates that about 55.0% of current Akis Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Akis Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Akis 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 Akis Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Akis Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Akis 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 |
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Akis 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 Akis Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akis Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akis Gayrimenkul stock over time.
Current vs Lagged Prices |
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Akis Gayrimenkul Lagged Returns
When evaluating Akis Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akis Gayrimenkul stock have on its future price. Akis 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, Akis Gayrimenkul autocorrelation shows the relationship between Akis Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Akis Gayrimenkul Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Akis Stock
Akis Gayrimenkul financial ratios help investors to determine whether Akis 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 Akis with respect to the benefits of owning Akis Gayrimenkul security.