Ihlas Yayin (Turkey) Market Value
| IHYAY Stock | TRY 3.76 0.01 0.27% |
| Symbol | Ihlas |
Ihlas Yayin '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 Yayin'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 Yayin.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Ihlas Yayin on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Ihlas Yayin Holding or generate 0.0% return on investment in Ihlas Yayin over 720 days. Ihlas Yayin is related to or competes with Mackolik Internet, Koza Anadolu, Bms Birlesik, Datagate Bilgisayar, and Silverline Endustri. Ihlas Yayin Holding A.S., through its subsidiaries, engages in media, publishing, and advertising businesses in Turkey More
Ihlas Yayin 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 Yayin'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 Yayin Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.74 | |||
| Value At Risk | (6.32) | |||
| Potential Upside | 7.84 |
Ihlas Yayin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ihlas Yayin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ihlas Yayin's standard deviation. In reality, there are many statistical measures that can use Ihlas Yayin historical prices to predict the future Ihlas Yayin's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ihlas Yayin'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 Yayin Holding Backtested Returns
Ihlas Yayin Holding holds Efficiency (Sharpe) Ratio of -0.0119, which attests that the entity had a -0.0119% return per unit of risk over the last 3 months. Ihlas Yayin Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ihlas Yayin's Standard Deviation of 4.27, market risk adjusted performance of (0.36), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ihlas Yayin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ihlas Yayin is expected to be smaller as well. At this point, Ihlas Yayin Holding has a negative expected return of -0.0519%. Please make sure to check out Ihlas Yayin's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Ihlas Yayin Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Ihlas Yayin Holding has poor predictability. Overlapping area represents the amount of predictability between Ihlas Yayin time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 Yayin Holding price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Ihlas Yayin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Ihlas Yayin Holding lagged returns against current returns
Autocorrelation, which is Ihlas Yayin 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 Yayin's stock expected returns. We can calculate the autocorrelation of Ihlas Yayin returns to help us make a trade decision. For example, suppose you find that Ihlas Yayin 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 Yayin 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 Yayin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ihlas Yayin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ihlas Yayin stock over time.
Current vs Lagged Prices |
| Timeline |
Ihlas Yayin Lagged Returns
When evaluating Ihlas Yayin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ihlas Yayin stock have on its future price. Ihlas Yayin 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 Yayin autocorrelation shows the relationship between Ihlas Yayin stock current value and its past values and can show if there is a momentum factor associated with investing in Ihlas Yayin Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Ihlas Stock
Ihlas Yayin 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 Yayin security.