Bms Birlesik (Turkey) Market Value
| BMSTL Stock | 28.50 0.60 2.15% |
| Symbol | Bms |
Bms Birlesik '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 Bms Birlesik'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 Bms Birlesik.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Bms Birlesik on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Bms Birlesik Metal or generate 0.0% return on investment in Bms Birlesik over 660 days. Bms Birlesik is related to or competes with Eregli Demir, Iskenderun Demir, Borusan Yatirim, Kardemir Karabuk, and Cemtas Celik. More
Bms Birlesik 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 Bms Birlesik'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 Bms Birlesik Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0429 | |||
| Maximum Drawdown | 16.27 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 2.2 |
Bms Birlesik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bms Birlesik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bms Birlesik's standard deviation. In reality, there are many statistical measures that can use Bms Birlesik historical prices to predict the future Bms Birlesik's volatility.| Risk Adjusted Performance | 0.0817 | |||
| Jensen Alpha | 0.2085 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0392 | |||
| Treynor Ratio | 1.12 |
Bms Birlesik Metal Backtested Returns
Bms Birlesik appears to be not too volatile, given 3 months investment horizon. Bms Birlesik Metal secures Sharpe Ratio (or Efficiency) of 0.0955, which signifies that the company had a 0.0955% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bms Birlesik Metal, which you can use to evaluate the volatility of the firm. Please makes use of Bms Birlesik's Risk Adjusted Performance of 0.0817, mean deviation of 1.56, and Downside Deviation of 2.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bms Birlesik holds a performance score of 7. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bms Birlesik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bms Birlesik is expected to be smaller as well. Please check Bms Birlesik's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Bms Birlesik's price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Bms Birlesik Metal has poor predictability. Overlapping area represents the amount of predictability between Bms Birlesik time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 Bms Birlesik Metal price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Bms Birlesik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 14.72 |
Bms Birlesik Metal lagged returns against current returns
Autocorrelation, which is Bms Birlesik 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 Bms Birlesik's stock expected returns. We can calculate the autocorrelation of Bms Birlesik returns to help us make a trade decision. For example, suppose you find that Bms Birlesik 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 |
Bms Birlesik 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 Bms Birlesik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bms Birlesik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bms Birlesik stock over time.
Current vs Lagged Prices |
| Timeline |
Bms Birlesik Lagged Returns
When evaluating Bms Birlesik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bms Birlesik stock have on its future price. Bms Birlesik 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, Bms Birlesik autocorrelation shows the relationship between Bms Birlesik stock current value and its past values and can show if there is a momentum factor associated with investing in Bms Birlesik Metal.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bms Stock
Bms Birlesik financial ratios help investors to determine whether Bms 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 Bms with respect to the benefits of owning Bms Birlesik security.