Dogus Otomotiv (Turkey) Market Value
| DOAS Stock | TRY 214.00 4.60 2.20% |
| Symbol | Dogus |
Dogus Otomotiv '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 Dogus Otomotiv'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 Dogus Otomotiv.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Dogus Otomotiv on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Dogus Otomotiv Servis or generate 0.0% return on investment in Dogus Otomotiv over 720 days. Dogus Otomotiv is related to or competes with Ford Otomotiv, Eregli Demir, Turkiye Petrol, and Turkiye Sise. Dogus Otomotiv Servis ve Ticaret A.S., together with its subsidiaries, imports, markets, and sells automobiles, passenge... More
Dogus Otomotiv 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 Dogus Otomotiv'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 Dogus Otomotiv Servis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.52 |
Dogus Otomotiv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dogus Otomotiv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dogus Otomotiv's standard deviation. In reality, there are many statistical measures that can use Dogus Otomotiv historical prices to predict the future Dogus Otomotiv's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.12) |
Dogus Otomotiv Servis Backtested Returns
Dogus Otomotiv Servis secures Sharpe Ratio (or Efficiency) of -0.0731, which denotes the company had a -0.0731% return per unit of risk over the last 3 months. Dogus Otomotiv Servis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dogus Otomotiv's Variance of 2.7, standard deviation of 1.64, and Mean Deviation of 1.32 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dogus Otomotiv's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dogus Otomotiv is expected to be smaller as well. At this point, Dogus Otomotiv Servis has a negative expected return of -0.12%. Please make sure to confirm Dogus Otomotiv's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Dogus Otomotiv Servis performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Dogus Otomotiv Servis has good reverse predictability. Overlapping area represents the amount of predictability between Dogus Otomotiv time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 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 Dogus Otomotiv Servis price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Dogus Otomotiv price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 946.71 |
Dogus Otomotiv Servis lagged returns against current returns
Autocorrelation, which is Dogus Otomotiv 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 Dogus Otomotiv's stock expected returns. We can calculate the autocorrelation of Dogus Otomotiv returns to help us make a trade decision. For example, suppose you find that Dogus Otomotiv 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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Dogus Otomotiv 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 Dogus Otomotiv stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dogus Otomotiv stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dogus Otomotiv stock over time.
Current vs Lagged Prices |
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Dogus Otomotiv Lagged Returns
When evaluating Dogus Otomotiv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dogus Otomotiv stock have on its future price. Dogus Otomotiv 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, Dogus Otomotiv autocorrelation shows the relationship between Dogus Otomotiv stock current value and its past values and can show if there is a momentum factor associated with investing in Dogus Otomotiv Servis.
Regressed Prices |
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Additional Tools for Dogus Stock Analysis
When running Dogus Otomotiv's price analysis, check to measure Dogus Otomotiv'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 Dogus Otomotiv is operating at the current time. Most of Dogus Otomotiv's value examination focuses on studying past and present price action to predict the probability of Dogus Otomotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogus Otomotiv's price. Additionally, you may evaluate how the addition of Dogus Otomotiv to your portfolios can decrease your overall portfolio volatility.