Turkiye Garanti (Turkey) Market Value
| GARAN Stock | TRY 120.50 1.40 1.15% |
| Symbol | Turkiye |
Turkiye Garanti '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 Turkiye Garanti'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 Turkiye Garanti.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Turkiye Garanti on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Garanti Bankasi or generate 0.0% return on investment in Turkiye Garanti over 180 days. Turkiye Garanti is related to or competes with Yapi Ve, Turkiye Is, and Koc Holding. Turkiye Garanti Bankasi A.S. provides various banking products and services More
Turkiye Garanti 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 Turkiye Garanti'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 Turkiye Garanti Bankasi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0126 | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 4.18 |
Turkiye Garanti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Garanti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Garanti's standard deviation. In reality, there are many statistical measures that can use Turkiye Garanti historical prices to predict the future Turkiye Garanti's volatility.| Risk Adjusted Performance | 0.0583 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | 0.1423 |
Turkiye Garanti Bankasi Backtested Returns
Turkiye Garanti is very steady at the moment. Turkiye Garanti Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0407, which indicates the firm had a 0.0407% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Turkiye Garanti Bankasi, which you can use to evaluate the volatility of the company. Please validate Turkiye Garanti's Semi Deviation of 2.04, risk adjusted performance of 0.0583, and Coefficient Of Variation of 1483.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.0934%. Turkiye Garanti has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. Turkiye Garanti returns are very sensitive to returns on the market. As the market goes up or down, Turkiye Garanti is expected to follow. Turkiye Garanti Bankasi right now has a risk of 2.29%. Please validate Turkiye Garanti semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Turkiye Garanti will be following its existing price patterns.
Auto-correlation | 0.23 |
Weak predictability
Turkiye Garanti Bankasi has weak predictability. Overlapping area represents the amount of predictability between Turkiye Garanti time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Turkiye Garanti Bankasi price movement. The serial correlation of 0.23 indicates that over 23.0% of current Turkiye Garanti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 34.01 |
Turkiye Garanti Bankasi lagged returns against current returns
Autocorrelation, which is Turkiye Garanti 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 Turkiye Garanti's stock expected returns. We can calculate the autocorrelation of Turkiye Garanti returns to help us make a trade decision. For example, suppose you find that Turkiye Garanti 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 |
Turkiye Garanti 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 Turkiye Garanti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Garanti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Garanti stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Garanti Lagged Returns
When evaluating Turkiye Garanti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Garanti stock have on its future price. Turkiye Garanti 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, Turkiye Garanti autocorrelation shows the relationship between Turkiye Garanti stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Garanti Bankasi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Turkiye Stock
Turkiye Garanti financial ratios help investors to determine whether Turkiye 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 Turkiye with respect to the benefits of owning Turkiye Garanti security.