Turkiye Is (Turkey) Market Value
| ISBTR Stock | TRY 532,985 20,982 4.10% |
| Symbol | Turkiye |
Turkiye Is '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 Is' 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 Is.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Turkiye Is on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Is Bankasi or generate 0.0% return on investment in Turkiye Is over 30 days. Turkiye Is is related to or competes with Qnb Finansbank, Turkiye Is, Haci Omer, Turkiye Vakiflar, Turkiye Halk, and Turkiye Sinai. Trkiye Is Bankasi A.S. provides various banking products and services More
Turkiye Is 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 Is' 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 Is Bankasi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 15.56 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 3.32 |
Turkiye Is Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Is' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Is' standard deviation. In reality, there are many statistical measures that can use Turkiye Is historical prices to predict the future Turkiye Is' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (4.73) |
Turkiye Is Bankasi Backtested Returns
Turkiye Is Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0595, which indicates the firm had a -0.0595% return per unit of risk over the last 3 months. Turkiye Is Bankasi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turkiye Is' Risk Adjusted Performance of (0.05), coefficient of variation of (1,250), and Variance of 7.97 to confirm the risk estimate we provide. The entity has a beta of 0.0499, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Turkiye Is' returns are expected to increase less than the market. However, during the bear market, the loss of holding Turkiye Is is expected to be smaller as well. At this point, Turkiye Is Bankasi has a negative expected return of -0.17%. Please make sure to validate Turkiye Is' treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Turkiye Is Bankasi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Turkiye Is Bankasi has very good reverse predictability. Overlapping area represents the amount of predictability between Turkiye Is time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Is Bankasi price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Turkiye Is price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 487.2 M |
Turkiye Is Bankasi lagged returns against current returns
Autocorrelation, which is Turkiye Is 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 Is' stock expected returns. We can calculate the autocorrelation of Turkiye Is returns to help us make a trade decision. For example, suppose you find that Turkiye Is 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 Is 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 Is stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Is stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Is stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Is Lagged Returns
When evaluating Turkiye Is' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Is stock have on its future price. Turkiye Is 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 Is autocorrelation shows the relationship between Turkiye Is stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Is Bankasi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Turkiye Stock
Turkiye Is 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 Is security.