Esenboga Elektrik (Turkey) Market Value
| ESEN Stock | TRY 28.18 0.62 2.25% |
| Symbol | Esenboga |
Esenboga Elektrik '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 Esenboga Elektrik'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 Esenboga Elektrik.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Esenboga Elektrik on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Esenboga Elektrik Uretim or generate 0.0% return on investment in Esenboga Elektrik over 30 days. Esenboga Elektrik is related to or competes with Naturel Yenilenebilir, Alkim Alkali, Aksa Enerji, Enerjisa Enerji, and Vestel Beyaz. Esenboga Elektrik retim A.S. invests in solar energy sector in Turkey More
Esenboga Elektrik 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 Esenboga Elektrik'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 Esenboga Elektrik Uretim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.1957 | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 3.51 |
Esenboga Elektrik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esenboga Elektrik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esenboga Elektrik's standard deviation. In reality, there are many statistical measures that can use Esenboga Elektrik historical prices to predict the future Esenboga Elektrik's volatility.| Risk Adjusted Performance | 0.2069 | |||
| Jensen Alpha | 0.5407 | |||
| Total Risk Alpha | 0.2875 | |||
| Sortino Ratio | 0.237 | |||
| Treynor Ratio | (4.11) |
Esenboga Elektrik Uretim Backtested Returns
Esenboga Elektrik appears to be very steady, given 3 months investment horizon. Esenboga Elektrik Uretim secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the company had a 0.27 % return per unit of risk over the last 3 months. By reviewing Esenboga Elektrik's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Esenboga Elektrik's Mean Deviation of 1.68, coefficient of variation of 416.32, and Downside Deviation of 1.85 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Esenboga Elektrik holds a performance score of 21. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Esenboga Elektrik are expected to decrease at a much lower rate. During the bear market, Esenboga Elektrik is likely to outperform the market. Please check Esenboga Elektrik's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Esenboga Elektrik's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Esenboga Elektrik Uretim has modest predictability. Overlapping area represents the amount of predictability between Esenboga Elektrik time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Esenboga Elektrik Uretim price movement. The serial correlation of 0.5 indicates that about 50.0% of current Esenboga Elektrik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Esenboga Elektrik Uretim lagged returns against current returns
Autocorrelation, which is Esenboga Elektrik 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 Esenboga Elektrik's stock expected returns. We can calculate the autocorrelation of Esenboga Elektrik returns to help us make a trade decision. For example, suppose you find that Esenboga Elektrik 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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Esenboga Elektrik 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 Esenboga Elektrik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esenboga Elektrik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esenboga Elektrik stock over time.
Current vs Lagged Prices |
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Esenboga Elektrik Lagged Returns
When evaluating Esenboga Elektrik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esenboga Elektrik stock have on its future price. Esenboga Elektrik 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, Esenboga Elektrik autocorrelation shows the relationship between Esenboga Elektrik stock current value and its past values and can show if there is a momentum factor associated with investing in Esenboga Elektrik Uretim.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Esenboga Stock Analysis
When running Esenboga Elektrik's price analysis, check to measure Esenboga Elektrik'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 Esenboga Elektrik is operating at the current time. Most of Esenboga Elektrik's value examination focuses on studying past and present price action to predict the probability of Esenboga Elektrik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Esenboga Elektrik's price. Additionally, you may evaluate how the addition of Esenboga Elektrik to your portfolios can decrease your overall portfolio volatility.