Garanti Faktoring (Turkey) Market Value
| GARFA Stock | TRY 19.69 0.01 0.05% |
| Symbol | Garanti |
Garanti Faktoring '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 Garanti Faktoring'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 Garanti Faktoring.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Garanti Faktoring on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Garanti Faktoring AS or generate 0.0% return on investment in Garanti Faktoring over 390 days. Garanti Faktoring is related to or competes with Turkiye Is, Turkiye Is, Haci Omer, Turkiye Garanti, and Turkiye Halk. Garanti Faktoring A.S. provides factoring services to industrial and commercial firms More
Garanti Faktoring 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 Garanti Faktoring'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 Garanti Faktoring AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 2.87 |
Garanti Faktoring Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garanti Faktoring's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garanti Faktoring's standard deviation. In reality, there are many statistical measures that can use Garanti Faktoring historical prices to predict the future Garanti Faktoring's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.55) |
Garanti Faktoring Backtested Returns
Garanti Faktoring holds Efficiency (Sharpe) Ratio of -0.0212, which attests that the entity had a -0.0212% return per unit of risk over the last 3 months. Garanti Faktoring exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Garanti Faktoring's Standard Deviation of 2.04, market risk adjusted performance of (0.54), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Garanti Faktoring's returns are expected to increase less than the market. However, during the bear market, the loss of holding Garanti Faktoring is expected to be smaller as well. At this point, Garanti Faktoring has a negative expected return of -0.0428%. Please make sure to check out Garanti Faktoring's value at risk, accumulation distribution, day typical price, as well as the relationship between the skewness and rate of daily change , to decide if Garanti Faktoring performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Garanti Faktoring AS has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Garanti Faktoring time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Garanti Faktoring price movement. The serial correlation of -0.75 indicates that around 75.0% of current Garanti Faktoring price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 15.67 |
Garanti Faktoring lagged returns against current returns
Autocorrelation, which is Garanti Faktoring 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 Garanti Faktoring's stock expected returns. We can calculate the autocorrelation of Garanti Faktoring returns to help us make a trade decision. For example, suppose you find that Garanti Faktoring 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 |
Garanti Faktoring 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 Garanti Faktoring stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garanti Faktoring stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garanti Faktoring stock over time.
Current vs Lagged Prices |
| Timeline |
Garanti Faktoring Lagged Returns
When evaluating Garanti Faktoring's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garanti Faktoring stock have on its future price. Garanti Faktoring 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, Garanti Faktoring autocorrelation shows the relationship between Garanti Faktoring stock current value and its past values and can show if there is a momentum factor associated with investing in Garanti Faktoring AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Garanti Stock
Garanti Faktoring financial ratios help investors to determine whether Garanti 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 Garanti with respect to the benefits of owning Garanti Faktoring security.