Gedik Yatirim (Turkey) Market Value
| GEDIK Stock | TRY 7.32 0.01 0.14% |
| Symbol | Gedik |
Gedik Yatirim '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 Gedik Yatirim'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 Gedik Yatirim.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Gedik Yatirim on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Gedik Yatirim Menkul or generate 0.0% return on investment in Gedik Yatirim over 510 days. Gedik Yatirim is related to or competes with Turkiye Is, Turkiye Is, Haci Omer, and Turkiye Halk. Gedik Yatirim Menkul Degerler A.S. provides investment banking advisory and brokerage services to individual and institu... More
Gedik Yatirim 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 Gedik Yatirim'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 Gedik Yatirim Menkul upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.74 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.9 |
Gedik Yatirim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gedik Yatirim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gedik Yatirim's standard deviation. In reality, there are many statistical measures that can use Gedik Yatirim historical prices to predict the future Gedik Yatirim's volatility.| Risk Adjusted Performance | 0.043 | |||
| Jensen Alpha | 0.0547 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2664 |
Gedik Yatirim Menkul Backtested Returns
Gedik Yatirim is somewhat reliable at the moment. Gedik Yatirim Menkul holds Efficiency (Sharpe) Ratio of 0.0597, which attests that the entity had a 0.0597% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gedik Yatirim Menkul, which you can use to evaluate the volatility of the firm. Please check out Gedik Yatirim's Risk Adjusted Performance of 0.043, market risk adjusted performance of 0.2764, and Downside Deviation of 2.51 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Gedik Yatirim has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gedik Yatirim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gedik Yatirim is expected to be smaller as well. Gedik Yatirim Menkul right now retains a risk of 2.32%. Please check out Gedik Yatirim potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Gedik Yatirim will be following its current trending patterns.
Auto-correlation | 0.26 |
Poor predictability
Gedik Yatirim Menkul has poor predictability. Overlapping area represents the amount of predictability between Gedik Yatirim time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Gedik Yatirim Menkul price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Gedik Yatirim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Gedik Yatirim Menkul lagged returns against current returns
Autocorrelation, which is Gedik Yatirim 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 Gedik Yatirim's stock expected returns. We can calculate the autocorrelation of Gedik Yatirim returns to help us make a trade decision. For example, suppose you find that Gedik Yatirim 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 |
Gedik Yatirim 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 Gedik Yatirim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gedik Yatirim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gedik Yatirim stock over time.
Current vs Lagged Prices |
| Timeline |
Gedik Yatirim Lagged Returns
When evaluating Gedik Yatirim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gedik Yatirim stock have on its future price. Gedik Yatirim 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, Gedik Yatirim autocorrelation shows the relationship between Gedik Yatirim stock current value and its past values and can show if there is a momentum factor associated with investing in Gedik Yatirim Menkul.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Gedik Stock
Gedik Yatirim financial ratios help investors to determine whether Gedik 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 Gedik with respect to the benefits of owning Gedik Yatirim security.