Dagi Giyim (Turkey) Market Value
| DAGI Stock | TRY 14.98 0.50 3.45% |
| Symbol | Dagi |
Dagi Giyim '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 Dagi Giyim'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 Dagi Giyim.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Dagi Giyim on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dagi Giyim Sanayi or generate 0.0% return on investment in Dagi Giyim over 30 days. Dagi Giyim is related to or competes with Cuhadaroglu Metal, Datagate Bilgisayar, Koza Anadolu, and Turkish Airlines. Dagi Giyim Sanayi ve Ticaret A.S. operates in the garment industry in Turkey and internationally More
Dagi Giyim 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 Dagi Giyim'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 Dagi Giyim Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.1483 | |||
| Maximum Drawdown | 14.3 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 8.06 |
Dagi Giyim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dagi Giyim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dagi Giyim's standard deviation. In reality, there are many statistical measures that can use Dagi Giyim historical prices to predict the future Dagi Giyim's volatility.| Risk Adjusted Performance | 0.1374 | |||
| Jensen Alpha | 0.6273 | |||
| Total Risk Alpha | 0.1327 | |||
| Sortino Ratio | 0.1538 | |||
| Treynor Ratio | 2.05 |
Dagi Giyim Sanayi Backtested Returns
Dagi Giyim is somewhat reliable given 3 months investment horizon. Dagi Giyim Sanayi secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Dagi Giyim Coefficient Of Variation of 561.69, downside deviation of 3.63, and Mean Deviation of 2.73 to evaluate company specific risk that cannot be diversified away. Dagi Giyim holds a performance score of 24 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dagi Giyim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dagi Giyim is expected to be smaller as well. Use Dagi Giyim coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to analyze future returns on Dagi Giyim.
Auto-correlation | 0.74 |
Good predictability
Dagi Giyim Sanayi has good predictability. Overlapping area represents the amount of predictability between Dagi Giyim time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Dagi Giyim Sanayi price movement. The serial correlation of 0.74 indicates that around 74.0% of current Dagi Giyim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Dagi Giyim Sanayi lagged returns against current returns
Autocorrelation, which is Dagi Giyim 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 Dagi Giyim's stock expected returns. We can calculate the autocorrelation of Dagi Giyim returns to help us make a trade decision. For example, suppose you find that Dagi Giyim 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 |
Dagi Giyim 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 Dagi Giyim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dagi Giyim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dagi Giyim stock over time.
Current vs Lagged Prices |
| Timeline |
Dagi Giyim Lagged Returns
When evaluating Dagi Giyim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dagi Giyim stock have on its future price. Dagi Giyim 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, Dagi Giyim autocorrelation shows the relationship between Dagi Giyim stock current value and its past values and can show if there is a momentum factor associated with investing in Dagi Giyim Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dagi Stock Analysis
When running Dagi Giyim's price analysis, check to measure Dagi Giyim's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dagi Giyim is operating at the current time. Most of Dagi Giyim's value examination focuses on studying past and present price action to predict the probability of Dagi Giyim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dagi Giyim's price. Additionally, you may evaluate how the addition of Dagi Giyim to your portfolios can decrease your overall portfolio volatility.