Ihlas Gazetecilik (Turkey) Market Value
| IHGZT Stock | TRY 2.03 0.18 9.73% |
| Symbol | Ihlas |
Ihlas Gazetecilik '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 Ihlas Gazetecilik'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 Ihlas Gazetecilik.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Ihlas Gazetecilik on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Ihlas Gazetecilik AS or generate 0.0% return on investment in Ihlas Gazetecilik over 360 days. Ihlas Gazetecilik is related to or competes with Cuhadaroglu Metal, Bms Birlesik, Gentas Genel, Mackolik Internet, and Koza Anadolu. Ihlas Gazetecilik A.S. provides publishing and printing services in Turkey and internationally More
Ihlas Gazetecilik 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 Ihlas Gazetecilik'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 Ihlas Gazetecilik AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | 0.1611 | |||
| Maximum Drawdown | 15.85 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 9.68 |
Ihlas Gazetecilik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ihlas Gazetecilik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ihlas Gazetecilik's standard deviation. In reality, there are many statistical measures that can use Ihlas Gazetecilik historical prices to predict the future Ihlas Gazetecilik's volatility.| Risk Adjusted Performance | 0.154 | |||
| Jensen Alpha | 0.8154 | |||
| Total Risk Alpha | 0.1623 | |||
| Sortino Ratio | 0.2173 | |||
| Treynor Ratio | (3.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ihlas Gazetecilik's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ihlas Gazetecilik Backtested Returns
Ihlas Gazetecilik appears to be dangerous, given 3 months investment horizon. Ihlas Gazetecilik holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Ihlas Gazetecilik's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Ihlas Gazetecilik's Risk Adjusted Performance of 0.154, market risk adjusted performance of (3.14), and Downside Deviation of 3.09 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ihlas Gazetecilik holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ihlas Gazetecilik are expected to decrease at a much lower rate. During the bear market, Ihlas Gazetecilik is likely to outperform the market. Please check Ihlas Gazetecilik's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Ihlas Gazetecilik's current trending patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Ihlas Gazetecilik AS has weak predictability. Overlapping area represents the amount of predictability between Ihlas Gazetecilik time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Ihlas Gazetecilik price movement. The serial correlation of 0.21 indicates that over 21.0% of current Ihlas Gazetecilik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Ihlas Gazetecilik lagged returns against current returns
Autocorrelation, which is Ihlas Gazetecilik 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 Ihlas Gazetecilik's stock expected returns. We can calculate the autocorrelation of Ihlas Gazetecilik returns to help us make a trade decision. For example, suppose you find that Ihlas Gazetecilik 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 |
Ihlas Gazetecilik 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 Ihlas Gazetecilik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ihlas Gazetecilik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ihlas Gazetecilik stock over time.
Current vs Lagged Prices |
| Timeline |
Ihlas Gazetecilik Lagged Returns
When evaluating Ihlas Gazetecilik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ihlas Gazetecilik stock have on its future price. Ihlas Gazetecilik 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, Ihlas Gazetecilik autocorrelation shows the relationship between Ihlas Gazetecilik stock current value and its past values and can show if there is a momentum factor associated with investing in Ihlas Gazetecilik AS.
Regressed Prices |
| Timeline |
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Other Information on Investing in Ihlas Stock
Ihlas Gazetecilik financial ratios help investors to determine whether Ihlas 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 Ihlas with respect to the benefits of owning Ihlas Gazetecilik security.