Cuhadaroglu Metal (Turkey) Market Value
| CUSAN Stock | TRY 20.96 0.04 0.19% |
| Symbol | Cuhadaroglu |
Cuhadaroglu Metal '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 Cuhadaroglu Metal'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 Cuhadaroglu Metal.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cuhadaroglu Metal on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cuhadaroglu Metal Sanayi or generate 0.0% return on investment in Cuhadaroglu Metal over 30 days. Cuhadaroglu Metal is related to or competes with QNB Finans, Pamel Yenilenebilir, Brisa Bridgestone, Dogus Gayrimenkul, Kent Gida, Akenerji Elektrik, and Yatas Yatak. Cuhadaroglu Metal Sanayi Ve Pazarlama A.S. More
Cuhadaroglu Metal 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 Cuhadaroglu Metal'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 Cuhadaroglu Metal Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 5.23 |
Cuhadaroglu Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cuhadaroglu Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cuhadaroglu Metal's standard deviation. In reality, there are many statistical measures that can use Cuhadaroglu Metal historical prices to predict the future Cuhadaroglu Metal's volatility.| Risk Adjusted Performance | 0.0155 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0344 |
Cuhadaroglu Metal Sanayi Backtested Returns
Cuhadaroglu Metal is not too volatile at the moment. Cuhadaroglu Metal Sanayi secures Sharpe Ratio (or Efficiency) of 0.054, which signifies that the company had a 0.054% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cuhadaroglu Metal Sanayi, which you can use to evaluate the volatility of the firm. Please confirm Cuhadaroglu Metal's Mean Deviation of 1.76, risk adjusted performance of 0.0155, and Downside Deviation of 2.28 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Cuhadaroglu Metal has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cuhadaroglu Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cuhadaroglu Metal is expected to be smaller as well. Cuhadaroglu Metal Sanayi right now shows a risk of 2.35%. Please confirm Cuhadaroglu Metal Sanayi value at risk, and the relationship between the jensen alpha and skewness , to decide if Cuhadaroglu Metal Sanayi will be following its price patterns.
Auto-correlation | 0.25 |
Poor predictability
Cuhadaroglu Metal Sanayi has poor predictability. Overlapping area represents the amount of predictability between Cuhadaroglu Metal time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Cuhadaroglu Metal Sanayi price movement. The serial correlation of 0.25 indicates that over 25.0% of current Cuhadaroglu Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Cuhadaroglu Metal Sanayi lagged returns against current returns
Autocorrelation, which is Cuhadaroglu Metal 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 Cuhadaroglu Metal's stock expected returns. We can calculate the autocorrelation of Cuhadaroglu Metal returns to help us make a trade decision. For example, suppose you find that Cuhadaroglu Metal 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 |
Cuhadaroglu Metal 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 Cuhadaroglu Metal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cuhadaroglu Metal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cuhadaroglu Metal stock over time.
Current vs Lagged Prices |
| Timeline |
Cuhadaroglu Metal Lagged Returns
When evaluating Cuhadaroglu Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cuhadaroglu Metal stock have on its future price. Cuhadaroglu Metal 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, Cuhadaroglu Metal autocorrelation shows the relationship between Cuhadaroglu Metal stock current value and its past values and can show if there is a momentum factor associated with investing in Cuhadaroglu Metal Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Cuhadaroglu Stock
Cuhadaroglu Metal financial ratios help investors to determine whether Cuhadaroglu 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 Cuhadaroglu with respect to the benefits of owning Cuhadaroglu Metal security.