Iskenderun Demir (Turkey) Market Value
| ISDMR Stock | TRY 37.36 0.26 0.70% |
| Symbol | Iskenderun |
Iskenderun Demir '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 Iskenderun Demir'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 Iskenderun Demir.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Iskenderun Demir on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Iskenderun Demir ve or generate 0.0% return on investment in Iskenderun Demir over 330 days. Iskenderun Demir is related to or competes with Bms Birlesik, Datagate Bilgisayar, Akcansa Cimento, E Data, Sodas Sodyum, Creditwest Faktoring, and Turkish Airlines. Iskenderun Demir ve elik A.S. produces and sells iron and steel products in Turkey More
Iskenderun Demir 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 Iskenderun Demir'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 Iskenderun Demir ve upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.94 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.39 |
Iskenderun Demir Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iskenderun Demir's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iskenderun Demir's standard deviation. In reality, there are many statistical measures that can use Iskenderun Demir historical prices to predict the future Iskenderun Demir's volatility.| Risk Adjusted Performance | 0.0524 | |||
| Jensen Alpha | 0.0913 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 2.54 |
Iskenderun Demir Backtested Returns
Iskenderun Demir is very steady at the moment. Iskenderun Demir holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Iskenderun Demir, which you can use to evaluate the volatility of the firm. Please check out Iskenderun Demir's Risk Adjusted Performance of 0.0524, downside deviation of 1.72, and Market Risk Adjusted Performance of 2.55 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Iskenderun Demir has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0377, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Iskenderun Demir's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iskenderun Demir is expected to be smaller as well. Iskenderun Demir right now retains a risk of 1.7%. Please check out Iskenderun Demir downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Iskenderun Demir will be following its current trending patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Iskenderun Demir ve has weak reverse predictability. Overlapping area represents the amount of predictability between Iskenderun Demir time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Iskenderun Demir price movement. The serial correlation of -0.23 indicates that over 23.0% of current Iskenderun Demir price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.68 |
Iskenderun Demir lagged returns against current returns
Autocorrelation, which is Iskenderun Demir 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 Iskenderun Demir's stock expected returns. We can calculate the autocorrelation of Iskenderun Demir returns to help us make a trade decision. For example, suppose you find that Iskenderun Demir 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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Iskenderun Demir 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 Iskenderun Demir stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iskenderun Demir stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iskenderun Demir stock over time.
Current vs Lagged Prices |
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Iskenderun Demir Lagged Returns
When evaluating Iskenderun Demir's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iskenderun Demir stock have on its future price. Iskenderun Demir 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, Iskenderun Demir autocorrelation shows the relationship between Iskenderun Demir stock current value and its past values and can show if there is a momentum factor associated with investing in Iskenderun Demir ve.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Iskenderun Stock
Iskenderun Demir financial ratios help investors to determine whether Iskenderun 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 Iskenderun with respect to the benefits of owning Iskenderun Demir security.