Derluks Yatirim (Turkey) Market Value
| DERHL Stock | TRY 10.64 0.50 4.49% |
| Symbol | Derluks |
Derluks Yatirim '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 Derluks Yatirim'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 Derluks Yatirim.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Derluks Yatirim on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Derluks Yatirim Holding or generate 0.0% return on investment in Derluks Yatirim over 30 days. Derluks Yatirim is related to or competes with Cuhadaroglu Metal, Silverline Endustri, Bms Birlesik, and Galatasaray Sportif. Derluks Deri Sanayi ve Ticaret Anonim Sirketi engages in the manufacture, buying, sale, import, and export of leather ga... More
Derluks Yatirim 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 Derluks Yatirim'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 Derluks Yatirim Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.83 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 9.96 |
Derluks Yatirim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Derluks Yatirim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Derluks Yatirim's standard deviation. In reality, there are many statistical measures that can use Derluks Yatirim historical prices to predict the future Derluks Yatirim's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0108 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.1146 |
Derluks Yatirim Holding Backtested Returns
Derluks Yatirim is slightly risky at the moment. Derluks Yatirim Holding secures Sharpe Ratio (or Efficiency) of 0.0472, which denotes the company had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Derluks Yatirim Holding, which you can use to evaluate the volatility of the firm. Please confirm Derluks Yatirim's Variance of 18.93, mean deviation of 3.38, and Standard Deviation of 4.35 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Derluks Yatirim has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.83, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Derluks Yatirim are expected to decrease at a much lower rate. During the bear market, Derluks Yatirim is likely to outperform the market. Derluks Yatirim Holding right now shows a risk of 4.08%. Please confirm Derluks Yatirim Holding potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Derluks Yatirim Holding will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Derluks Yatirim Holding has very good reverse predictability. Overlapping area represents the amount of predictability between Derluks Yatirim time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Derluks Yatirim Holding price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Derluks Yatirim price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Derluks Yatirim Holding lagged returns against current returns
Autocorrelation, which is Derluks Yatirim 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 Derluks Yatirim's stock expected returns. We can calculate the autocorrelation of Derluks Yatirim returns to help us make a trade decision. For example, suppose you find that Derluks Yatirim 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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Derluks Yatirim 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 Derluks Yatirim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Derluks Yatirim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Derluks Yatirim stock over time.
Current vs Lagged Prices |
| Timeline |
Derluks Yatirim Lagged Returns
When evaluating Derluks Yatirim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Derluks Yatirim stock have on its future price. Derluks Yatirim 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, Derluks Yatirim autocorrelation shows the relationship between Derluks Yatirim stock current value and its past values and can show if there is a momentum factor associated with investing in Derluks Yatirim Holding.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Derluks Stock
Derluks Yatirim financial ratios help investors to determine whether Derluks 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 Derluks with respect to the benefits of owning Derluks Yatirim security.