Turkiye Halk (Turkey) Market Value
| HALKB Stock | TRY 16.21 0.20 1.22% |
| Symbol | Turkiye |
Turkiye Halk '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 Halk'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 Halk.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Turkiye Halk on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Halk Bankasi or generate 0.0% return on investment in Turkiye Halk over 90 days. Turkiye Halk is related to or competes with Turkiye Garanti, Turkiye Is, Turkiye Vakiflar, Akbank TAS, and Yapi Ve. Trkiye Halk Bankasi A.S., together with its subsidiaries, provides various banking products and services More
Turkiye Halk 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 Halk'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 Halk Bankasi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 3.57 |
Turkiye Halk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Halk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Halk's standard deviation. In reality, there are many statistical measures that can use Turkiye Halk historical prices to predict the future Turkiye Halk's volatility.| Risk Adjusted Performance | 0.0357 | |||
| Jensen Alpha | 0.0326 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2102 |
Turkiye Halk Bankasi Backtested Returns
Turkiye Halk is not too volatile at the moment. Turkiye Halk Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.038, which indicates the firm had a 0.038% return per unit of risk over the last 3 months. We have found thirty technical indicators for Turkiye Halk Bankasi, which you can use to evaluate the volatility of the company. Please validate Turkiye Halk's Risk Adjusted Performance of 0.0357, semi deviation of 2.29, and Coefficient Of Variation of 2633.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0862%. Turkiye Halk has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Turkiye Halk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turkiye Halk is expected to be smaller as well. Turkiye Halk Bankasi right now has a risk of 2.27%. Please validate Turkiye Halk expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Turkiye Halk will be following its existing price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Turkiye Halk Bankasi has insignificant reverse predictability. Overlapping area represents the amount of predictability between Turkiye Halk time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 Turkiye Halk Bankasi price movement. The serial correlation of -0.2 indicates that over 20.0% of current Turkiye Halk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Turkiye Halk Bankasi lagged returns against current returns
Autocorrelation, which is Turkiye Halk 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 Halk's stock expected returns. We can calculate the autocorrelation of Turkiye Halk returns to help us make a trade decision. For example, suppose you find that Turkiye Halk 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 Halk 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 Halk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Halk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Halk stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Halk Lagged Returns
When evaluating Turkiye Halk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Halk stock have on its future price. Turkiye Halk 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 Halk autocorrelation shows the relationship between Turkiye Halk stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Halk Bankasi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Turkiye Stock
Turkiye Halk 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 Halk security.