Berkosan Yalitim (Turkey) Market Value
| BRKSN Stock | TRY 23.10 0.32 1.37% |
| Symbol | Berkosan |
Berkosan Yalitim '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 Berkosan Yalitim'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 Berkosan Yalitim.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Berkosan Yalitim on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Berkosan Yalitim ve or generate 0.0% return on investment in Berkosan Yalitim over 90 days. Berkosan Yalitim is related to or competes with Bms Birlesik, ICBC Turkey, Cuhadaroglu Metal, Akbank TAS, Koza Anadolu, and Politeknik Metal. Berkosan Yalitim Ve Tecrit Maddeleri retim Ve Ticaret A.S More
Berkosan Yalitim 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 Berkosan Yalitim'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 Berkosan Yalitim ve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 14.84 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 4.26 |
Berkosan Yalitim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkosan Yalitim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkosan Yalitim's standard deviation. In reality, there are many statistical measures that can use Berkosan Yalitim historical prices to predict the future Berkosan Yalitim's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (1.21) |
Berkosan Yalitim Backtested Returns
Berkosan Yalitim secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Berkosan Yalitim ve exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berkosan Yalitim's Standard Deviation of 2.78, mean deviation of 2.05, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Berkosan Yalitim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Berkosan Yalitim is expected to be smaller as well. At this point, Berkosan Yalitim has a negative expected return of -0.36%. Please make sure to confirm Berkosan Yalitim's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Berkosan Yalitim performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Berkosan Yalitim ve has good predictability. Overlapping area represents the amount of predictability between Berkosan Yalitim time series from 30th of August 2024 to 14th of October 2024 and 14th of October 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 Berkosan Yalitim price movement. The serial correlation of 0.78 indicates that around 78.0% of current Berkosan Yalitim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
Berkosan Yalitim lagged returns against current returns
Autocorrelation, which is Berkosan Yalitim 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 Berkosan Yalitim's stock expected returns. We can calculate the autocorrelation of Berkosan Yalitim returns to help us make a trade decision. For example, suppose you find that Berkosan Yalitim 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 |
Berkosan Yalitim 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 Berkosan Yalitim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkosan Yalitim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkosan Yalitim stock over time.
Current vs Lagged Prices |
| Timeline |
Berkosan Yalitim Lagged Returns
When evaluating Berkosan Yalitim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkosan Yalitim stock have on its future price. Berkosan Yalitim 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, Berkosan Yalitim autocorrelation shows the relationship between Berkosan Yalitim stock current value and its past values and can show if there is a momentum factor associated with investing in Berkosan Yalitim ve.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Berkosan Stock
Berkosan Yalitim financial ratios help investors to determine whether Berkosan 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 Berkosan with respect to the benefits of owning Berkosan Yalitim security.