Halk Gayrimenkul (Turkey) Market Value
| HLGYO Stock | TRY 2.65 0.06 2.32% |
| Symbol | Halk |
Halk Gayrimenkul '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 Halk Gayrimenkul'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 Halk Gayrimenkul.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Halk Gayrimenkul on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Halk Gayrimenkul Yatirim or generate 0.0% return on investment in Halk Gayrimenkul over 30 days. Halk Gayrimenkul is related to or competes with Sekerbank TAS, Gentas Genel, Koza Anadolu, and Bms Birlesik. Halk Gayrimenkul Yatirim Ortakligi A.S operates as a subsidiary of Turkiye Halk Bankasi A.S More
Halk Gayrimenkul 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 Halk Gayrimenkul'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 Halk Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.0518 | |||
| Maximum Drawdown | 12.49 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 5.39 |
Halk Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Halk Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Halk Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Halk Gayrimenkul historical prices to predict the future Halk Gayrimenkul's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.1898 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 0.4429 |
Halk Gayrimenkul Yatirim Backtested Returns
Halk Gayrimenkul appears to be unstable, given 3 months investment horizon. Halk Gayrimenkul Yatirim holds Efficiency (Sharpe) Ratio of 0.0917, which attests that the entity had a 0.0917% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Halk Gayrimenkul Yatirim, which you can use to evaluate the volatility of the firm. Please utilize Halk Gayrimenkul's Market Risk Adjusted Performance of 0.4529, downside deviation of 2.7, and Risk Adjusted Performance of 0.086 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Halk Gayrimenkul holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Halk Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Halk Gayrimenkul is expected to be smaller as well. Please check Halk Gayrimenkul's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Halk Gayrimenkul's current trending patterns will revert.
Auto-correlation | 0.75 |
Good predictability
Halk Gayrimenkul Yatirim has good predictability. Overlapping area represents the amount of predictability between Halk Gayrimenkul time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Halk Gayrimenkul Yatirim price movement. The serial correlation of 0.75 indicates that around 75.0% of current Halk Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Halk Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Halk Gayrimenkul 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 Halk Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Halk Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Halk Gayrimenkul 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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Halk Gayrimenkul 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 Halk Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Halk Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Halk Gayrimenkul stock over time.
Current vs Lagged Prices |
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Halk Gayrimenkul Lagged Returns
When evaluating Halk Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Halk Gayrimenkul stock have on its future price. Halk Gayrimenkul 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, Halk Gayrimenkul autocorrelation shows the relationship between Halk Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Halk Gayrimenkul Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Halk Stock
Halk Gayrimenkul financial ratios help investors to determine whether Halk 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 Halk with respect to the benefits of owning Halk Gayrimenkul security.