Ege Profil (Turkey) Market Value
| EGPRO Stock | TRY 153.10 1.70 1.10% |
| Symbol | Ege |
Ege Profil '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 Ege Profil'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 Ege Profil.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ege Profil on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ege Profil Ticaret or generate 0.0% return on investment in Ege Profil over 30 days. Ege Profil is related to or competes with Cuhadaroglu Metal, Koza Anadolu, E Data, Bms Birlesik, Sodas Sodyum, and Gentas Genel. Ege Profil Ticaret ve Sanayi Anonim Sirketi manufactures and sells plastic pipes, spare parts, and various profiles and ... More
Ege Profil 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 Ege Profil'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 Ege Profil Ticaret upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.94 |
Ege Profil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ege Profil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ege Profil's standard deviation. In reality, there are many statistical measures that can use Ege Profil historical prices to predict the future Ege Profil's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.34) |
Ege Profil Ticaret Backtested Returns
Ege Profil Ticaret secures Sharpe Ratio (or Efficiency) of -0.0508, which denotes the company had a -0.0508% return per unit of risk over the last 3 months. Ege Profil Ticaret exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ege Profil's Mean Deviation of 1.27, standard deviation of 1.64, and Variance of 2.67 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ege Profil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ege Profil is expected to be smaller as well. At this point, Ege Profil Ticaret has a negative expected return of -0.084%. Please make sure to confirm Ege Profil's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Ege Profil Ticaret performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Ege Profil Ticaret has very weak predictability. Overlapping area represents the amount of predictability between Ege Profil time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Ege Profil Ticaret price movement. The serial correlation of 0.18 indicates that over 18.0% of current Ege Profil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 7.37 |
Ege Profil Ticaret lagged returns against current returns
Autocorrelation, which is Ege Profil 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 Ege Profil's stock expected returns. We can calculate the autocorrelation of Ege Profil returns to help us make a trade decision. For example, suppose you find that Ege Profil 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 |
Ege Profil 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 Ege Profil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ege Profil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ege Profil stock over time.
Current vs Lagged Prices |
| Timeline |
Ege Profil Lagged Returns
When evaluating Ege Profil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ege Profil stock have on its future price. Ege Profil 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, Ege Profil autocorrelation shows the relationship between Ege Profil stock current value and its past values and can show if there is a momentum factor associated with investing in Ege Profil Ticaret.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Ege Stock
Ege Profil financial ratios help investors to determine whether Ege 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 Ege with respect to the benefits of owning Ege Profil security.