CarrefourSA Carrefour (Turkey) Market Value
| CRFSA Stock | TRY 88.85 1.50 1.66% |
| Symbol | CarrefourSA |
CarrefourSA Carrefour '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 CarrefourSA Carrefour'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 CarrefourSA Carrefour.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in CarrefourSA Carrefour on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding CarrefourSA Carrefour Sabanci or generate 0.0% return on investment in CarrefourSA Carrefour over 30 days. CarrefourSA Carrefour is related to or competes with Politeknik Metal, Cuhadaroglu Metal, Bms Birlesik, Silverline Endustri, Koza Anadolu, and E Data. CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S More
CarrefourSA Carrefour 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 CarrefourSA Carrefour'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 CarrefourSA Carrefour Sabanci upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.92 |
CarrefourSA Carrefour Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CarrefourSA Carrefour's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CarrefourSA Carrefour's standard deviation. In reality, there are many statistical measures that can use CarrefourSA Carrefour historical prices to predict the future CarrefourSA Carrefour's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.43) |
CarrefourSA Carrefour Backtested Returns
CarrefourSA Carrefour secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. CarrefourSA Carrefour Sabanci exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CarrefourSA Carrefour's Risk Adjusted Performance of (0.08), standard deviation of 1.7, and Mean Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CarrefourSA Carrefour's returns are expected to increase less than the market. However, during the bear market, the loss of holding CarrefourSA Carrefour is expected to be smaller as well. At this point, CarrefourSA Carrefour has a negative expected return of -0.2%. Please make sure to confirm CarrefourSA Carrefour's value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if CarrefourSA Carrefour performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
CarrefourSA Carrefour Sabanci has good predictability. Overlapping area represents the amount of predictability between CarrefourSA Carrefour time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CarrefourSA Carrefour price movement. The serial correlation of 0.7 indicates that around 70.0% of current CarrefourSA Carrefour price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 12.15 |
CarrefourSA Carrefour lagged returns against current returns
Autocorrelation, which is CarrefourSA Carrefour 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 CarrefourSA Carrefour's stock expected returns. We can calculate the autocorrelation of CarrefourSA Carrefour returns to help us make a trade decision. For example, suppose you find that CarrefourSA Carrefour 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 |
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CarrefourSA Carrefour 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 CarrefourSA Carrefour stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CarrefourSA Carrefour stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CarrefourSA Carrefour stock over time.
Current vs Lagged Prices |
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CarrefourSA Carrefour Lagged Returns
When evaluating CarrefourSA Carrefour's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CarrefourSA Carrefour stock have on its future price. CarrefourSA Carrefour 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, CarrefourSA Carrefour autocorrelation shows the relationship between CarrefourSA Carrefour stock current value and its past values and can show if there is a momentum factor associated with investing in CarrefourSA Carrefour Sabanci.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in CarrefourSA Stock
CarrefourSA Carrefour financial ratios help investors to determine whether CarrefourSA 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 CarrefourSA with respect to the benefits of owning CarrefourSA Carrefour security.