Demisas Dokum (Turkey) Market Value
| DMSAS Stock | TRY 7.28 0.66 9.97% |
| Symbol | Demisas |
Demisas Dokum '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 Demisas Dokum'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 Demisas Dokum.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Demisas Dokum on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Demisas Dokum Emaye or generate 0.0% return on investment in Demisas Dokum over 30 days. Demisas Dokum is related to or competes with Koza Altin, Ipek Dogal, Petkim Petrokimya, Kardemir Karabuk, and Tekfen Holding. Demisas Dkm Emaye Mamlleri Sanayi Anonim Sirketi manufactures and markets iron casting products in Turkey More
Demisas Dokum 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 Demisas Dokum'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 Demisas Dokum Emaye upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.78 | |||
| Information Ratio | 0.0517 | |||
| Maximum Drawdown | 19.99 | |||
| Value At Risk | (7.48) | |||
| Potential Upside | 4.25 |
Demisas Dokum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Demisas Dokum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Demisas Dokum's standard deviation. In reality, there are many statistical measures that can use Demisas Dokum historical prices to predict the future Demisas Dokum's volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | 0.1772 | |||
| Total Risk Alpha | 0.1529 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Demisas Dokum'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.
Demisas Dokum Emaye Backtested Returns
Demisas Dokum appears to be slightly risky, given 3 months investment horizon. Demisas Dokum Emaye secures Sharpe Ratio (or Efficiency) of 0.0592, which denotes the company had a 0.0592 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Demisas Dokum Emaye, which you can use to evaluate the volatility of the firm. Please utilize Demisas Dokum's Coefficient Of Variation of 1776.7, downside deviation of 3.78, and Mean Deviation of 2.17 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Demisas Dokum holds a performance score of 4. The firm shows a Beta (market volatility) of -0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Demisas Dokum are expected to decrease at a much lower rate. During the bear market, Demisas Dokum is likely to outperform the market. Please check Demisas Dokum's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Demisas Dokum's price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Demisas Dokum Emaye has very good reverse predictability. Overlapping area represents the amount of predictability between Demisas Dokum time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Demisas Dokum Emaye price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Demisas Dokum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Demisas Dokum Emaye lagged returns against current returns
Autocorrelation, which is Demisas Dokum 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 Demisas Dokum's stock expected returns. We can calculate the autocorrelation of Demisas Dokum returns to help us make a trade decision. For example, suppose you find that Demisas Dokum 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 |
Demisas Dokum 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 Demisas Dokum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Demisas Dokum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Demisas Dokum stock over time.
Current vs Lagged Prices |
| Timeline |
Demisas Dokum Lagged Returns
When evaluating Demisas Dokum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Demisas Dokum stock have on its future price. Demisas Dokum 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, Demisas Dokum autocorrelation shows the relationship between Demisas Dokum stock current value and its past values and can show if there is a momentum factor associated with investing in Demisas Dokum Emaye.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Demisas Stock
Demisas Dokum financial ratios help investors to determine whether Demisas 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 Demisas with respect to the benefits of owning Demisas Dokum security.