Ditas Dogan (Turkey) Market Value
| DITAS Stock | TRY 15.09 0.10 0.66% |
| Symbol | Ditas |
Ditas Dogan '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 Ditas Dogan'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 Ditas Dogan.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Ditas Dogan on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ditas Dogan Yedek or generate 0.0% return on investment in Ditas Dogan over 30 days. Ditas Dogan is related to or competes with Akcansa Cimento, Gentas Genel, Bms Birlesik, and Qnb Finansbank. Ditas Dogan Yedek Para Imalat ve Teknik A.S More
Ditas Dogan 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 Ditas Dogan'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 Ditas Dogan Yedek upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 2.71 |
Ditas Dogan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ditas Dogan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ditas Dogan's standard deviation. In reality, there are many statistical measures that can use Ditas Dogan historical prices to predict the future Ditas Dogan's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | 2.93 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ditas Dogan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ditas Dogan Yedek Backtested Returns
Ditas Dogan Yedek secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Ditas Dogan Yedek exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ditas Dogan's Mean Deviation of 1.93, standard deviation of 2.44, and Variance of 5.97 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ditas Dogan are expected to decrease at a much lower rate. During the bear market, Ditas Dogan is likely to outperform the market. At this point, Ditas Dogan Yedek has a negative expected return of -0.64%. Please make sure to confirm Ditas Dogan's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Ditas Dogan Yedek performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Ditas Dogan Yedek has very weak reverse predictability. Overlapping area represents the amount of predictability between Ditas Dogan time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Ditas Dogan Yedek price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Ditas Dogan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Ditas Dogan Yedek lagged returns against current returns
Autocorrelation, which is Ditas Dogan 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 Ditas Dogan's stock expected returns. We can calculate the autocorrelation of Ditas Dogan returns to help us make a trade decision. For example, suppose you find that Ditas Dogan 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 |
Ditas Dogan 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 Ditas Dogan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ditas Dogan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ditas Dogan stock over time.
Current vs Lagged Prices |
| Timeline |
Ditas Dogan Lagged Returns
When evaluating Ditas Dogan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ditas Dogan stock have on its future price. Ditas Dogan 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, Ditas Dogan autocorrelation shows the relationship between Ditas Dogan stock current value and its past values and can show if there is a momentum factor associated with investing in Ditas Dogan Yedek.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Ditas Stock
Ditas Dogan financial ratios help investors to determine whether Ditas 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 Ditas with respect to the benefits of owning Ditas Dogan security.