Anel Elektrik (Turkey) Market Value
| ANELE Stock | TRY 13.71 0.01 0.07% |
| Symbol | Anel |
Anel Elektrik '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 Anel Elektrik'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 Anel Elektrik.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Anel Elektrik on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Anel Elektrik Proje or generate 0.0% return on investment in Anel Elektrik over 180 days. Anel Elektrik is related to or competes with Haci Omer, Turkiye Petrol, Turkiye Garanti, and Akbank TAS. Anel Elektrik Proje Taahht ve Ticaret Anonim Sirketi, together with its subsidiaries, provides mechanical, electrical, a... More
Anel Elektrik 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 Anel Elektrik'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 Anel Elektrik Proje upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.0105 | |||
| Maximum Drawdown | 19.86 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 4.61 |
Anel Elektrik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anel Elektrik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anel Elektrik's standard deviation. In reality, there are many statistical measures that can use Anel Elektrik historical prices to predict the future Anel Elektrik's volatility.| Risk Adjusted Performance | 0.0462 | |||
| Jensen Alpha | 0.1581 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | (1.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anel Elektrik'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.
Anel Elektrik Proje Backtested Returns
Anel Elektrik is somewhat reliable at the moment. Anel Elektrik Proje secures Sharpe Ratio (or Efficiency) of 0.0608, which signifies that the company had a 0.0608% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anel Elektrik Proje, which you can use to evaluate the volatility of the firm. Please confirm Anel Elektrik's mean deviation of 2.29, and Risk Adjusted Performance of 0.0462 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Anel Elektrik has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0843, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anel Elektrik are expected to decrease at a much lower rate. During the bear market, Anel Elektrik is likely to outperform the market. Anel Elektrik Proje right now shows a risk of 2.94%. Please confirm Anel Elektrik Proje treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Anel Elektrik Proje will be following its price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Anel Elektrik Proje has insignificant reverse predictability. Overlapping area represents the amount of predictability between Anel Elektrik time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Anel Elektrik Proje price movement. The serial correlation of -0.18 indicates that over 18.0% of current Anel Elektrik price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Anel Elektrik Proje lagged returns against current returns
Autocorrelation, which is Anel Elektrik 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 Anel Elektrik's stock expected returns. We can calculate the autocorrelation of Anel Elektrik returns to help us make a trade decision. For example, suppose you find that Anel Elektrik 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 |
Anel Elektrik 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 Anel Elektrik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anel Elektrik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anel Elektrik stock over time.
Current vs Lagged Prices |
| Timeline |
Anel Elektrik Lagged Returns
When evaluating Anel Elektrik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anel Elektrik stock have on its future price. Anel Elektrik 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, Anel Elektrik autocorrelation shows the relationship between Anel Elektrik stock current value and its past values and can show if there is a momentum factor associated with investing in Anel Elektrik Proje.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Anel Stock
Anel Elektrik financial ratios help investors to determine whether Anel 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 Anel with respect to the benefits of owning Anel Elektrik security.