Brisa Bridgestone (Turkey) Market Value
| BRISA Stock | TRY 99.40 2.00 2.05% |
| Symbol | Brisa |
Brisa Bridgestone '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 Brisa Bridgestone'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 Brisa Bridgestone.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Brisa Bridgestone on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Brisa Bridgestone Sabanci or generate 0.0% return on investment in Brisa Bridgestone over 540 days. Brisa Bridgestone is related to or competes with Aksa Akrilik, Kordsa Global, Tofas Turk, Arcelik AS, and Ford Otomotiv. Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S More
Brisa Bridgestone 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 Brisa Bridgestone'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 Brisa Bridgestone Sabanci upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.0251 | |||
| Maximum Drawdown | 11.02 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 3.34 |
Brisa Bridgestone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brisa Bridgestone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brisa Bridgestone's standard deviation. In reality, there are many statistical measures that can use Brisa Bridgestone historical prices to predict the future Brisa Bridgestone's volatility.| Risk Adjusted Performance | 0.0676 | |||
| Jensen Alpha | 0.0624 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | 0.1803 |
Brisa Bridgestone Sabanci Backtested Returns
Brisa Bridgestone is very steady at the moment. Brisa Bridgestone Sabanci secures Sharpe Ratio (or Efficiency) of 0.0509, which signifies that the company had a 0.0509% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brisa Bridgestone Sabanci, which you can use to evaluate the volatility of the firm. Please confirm Brisa Bridgestone's Downside Deviation of 2.17, risk adjusted performance of 0.0676, and Mean Deviation of 1.75 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Brisa Bridgestone has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.96, which signifies possible diversification benefits within a given portfolio. Brisa Bridgestone returns are very sensitive to returns on the market. As the market goes up or down, Brisa Bridgestone is expected to follow. Brisa Bridgestone Sabanci right now shows a risk of 2.32%. Please confirm Brisa Bridgestone Sabanci standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Brisa Bridgestone Sabanci will be following its price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Brisa Bridgestone Sabanci has good reverse predictability. Overlapping area represents the amount of predictability between Brisa Bridgestone time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Brisa Bridgestone Sabanci price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Brisa Bridgestone price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 256.79 |
Brisa Bridgestone Sabanci lagged returns against current returns
Autocorrelation, which is Brisa Bridgestone 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 Brisa Bridgestone's stock expected returns. We can calculate the autocorrelation of Brisa Bridgestone returns to help us make a trade decision. For example, suppose you find that Brisa Bridgestone 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 |
Brisa Bridgestone 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 Brisa Bridgestone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brisa Bridgestone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brisa Bridgestone stock over time.
Current vs Lagged Prices |
| Timeline |
Brisa Bridgestone Lagged Returns
When evaluating Brisa Bridgestone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brisa Bridgestone stock have on its future price. Brisa Bridgestone 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, Brisa Bridgestone autocorrelation shows the relationship between Brisa Bridgestone stock current value and its past values and can show if there is a momentum factor associated with investing in Brisa Bridgestone Sabanci.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Brisa Stock
Brisa Bridgestone financial ratios help investors to determine whether Brisa 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 Brisa with respect to the benefits of owning Brisa Bridgestone security.