Besiktas Futbol (Turkey) Market Value
| BJKAS Stock | TRY 4.32 0.13 2.92% |
| Symbol | Besiktas |
Besiktas Futbol '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 Besiktas Futbol'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 Besiktas Futbol.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Besiktas Futbol on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Besiktas Futbol Yatirimlari or generate 0.0% return on investment in Besiktas Futbol over 720 days. Besiktas Futbol is related to or competes with Bms Birlesik, Politeknik Metal, Cuhadaroglu Metal, Trabzonspor Sportif, and Koza Anadolu. Besiktas Futbol Yatirimlari Sanayi ve Ticaret A.S More
Besiktas Futbol 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 Besiktas Futbol'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 Besiktas Futbol Yatirimlari upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 2.57 |
Besiktas Futbol Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Besiktas Futbol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Besiktas Futbol's standard deviation. In reality, there are many statistical measures that can use Besiktas Futbol historical prices to predict the future Besiktas Futbol's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (3.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Besiktas Futbol'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.
Besiktas Futbol Yati Backtested Returns
Besiktas Futbol Yati secures Sharpe Ratio (or Efficiency) of -0.28, which signifies that the company had a -0.28% return per unit of risk over the last 3 months. Besiktas Futbol Yatirimlari exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Besiktas Futbol's Standard Deviation of 2.37, risk adjusted performance of (0.19), and Mean Deviation of 1.92 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Besiktas Futbol's returns are expected to increase less than the market. However, during the bear market, the loss of holding Besiktas Futbol is expected to be smaller as well. At this point, Besiktas Futbol Yati has a negative expected return of -0.68%. Please make sure to confirm Besiktas Futbol's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Besiktas Futbol Yati performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Besiktas Futbol Yatirimlari has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Besiktas Futbol time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Besiktas Futbol Yati price movement. The serial correlation of -0.75 indicates that around 75.0% of current Besiktas Futbol price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 15.23 |
Besiktas Futbol Yati lagged returns against current returns
Autocorrelation, which is Besiktas Futbol 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 Besiktas Futbol's stock expected returns. We can calculate the autocorrelation of Besiktas Futbol returns to help us make a trade decision. For example, suppose you find that Besiktas Futbol 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 |
Besiktas Futbol 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 Besiktas Futbol stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Besiktas Futbol stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Besiktas Futbol stock over time.
Current vs Lagged Prices |
| Timeline |
Besiktas Futbol Lagged Returns
When evaluating Besiktas Futbol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Besiktas Futbol stock have on its future price. Besiktas Futbol 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, Besiktas Futbol autocorrelation shows the relationship between Besiktas Futbol stock current value and its past values and can show if there is a momentum factor associated with investing in Besiktas Futbol Yatirimlari.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Besiktas Stock
Besiktas Futbol financial ratios help investors to determine whether Besiktas 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 Besiktas with respect to the benefits of owning Besiktas Futbol security.