IZDEMIR Enerji's market value is the price at which a share of IZDEMIR Enerji trades on a public exchange. It measures the collective expectations of IZDEMIR Enerji Elektrik investors about its performance. IZDEMIR Enerji is trading at 20.42 as of the 25th of November 2024. This is a 1.09% up since the beginning of the trading day. The stock's open price was 20.2. With this module, you can estimate the performance of a buy and hold strategy of IZDEMIR Enerji Elektrik and determine expected loss or profit from investing in IZDEMIR Enerji over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
IZDEMIR
IZDEMIR Enerji '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 IZDEMIR Enerji'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 IZDEMIR Enerji.
0.00
10/26/2024
No Change 0.00
0.0
In 31 days
11/25/2024
0.00
If you would invest 0.00 in IZDEMIR Enerji on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding IZDEMIR Enerji Elektrik or generate 0.0% return on investment in IZDEMIR Enerji over 30 days.
IZDEMIR Enerji 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 IZDEMIR Enerji'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 IZDEMIR Enerji Elektrik upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IZDEMIR Enerji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IZDEMIR Enerji's standard deviation. In reality, there are many statistical measures that can use IZDEMIR Enerji historical prices to predict the future IZDEMIR Enerji's volatility.
IZDEMIR Enerji is not too volatile at the moment. IZDEMIR Enerji Elektrik holds Efficiency (Sharpe) Ratio of 0.0028, which attests that the entity had a 0.0028% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for IZDEMIR Enerji Elektrik, which you can use to evaluate the volatility of the firm. Please check out IZDEMIR Enerji's Coefficient Of Variation of (5,720), market risk adjusted performance of 0.3872, and Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0085%. The company retains a Market Volatility (i.e., Beta) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IZDEMIR Enerji are expected to decrease at a much lower rate. During the bear market, IZDEMIR Enerji is likely to outperform the market. IZDEMIR Enerji Elektrik currently retains a risk of 2.99%. Please check out IZDEMIR Enerji treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if IZDEMIR Enerji will be following its current trending patterns.
Auto-correlation
-0.09
Very weak reverse predictability
IZDEMIR Enerji Elektrik has very weak reverse predictability. Overlapping area represents the amount of predictability between IZDEMIR Enerji time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 IZDEMIR Enerji Elektrik price movement. The serial correlation of -0.09 indicates that less than 9.0% of current IZDEMIR Enerji price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.09
Spearman Rank Test
-0.26
Residual Average
0.0
Price Variance
0.07
IZDEMIR Enerji Elektrik lagged returns against current returns
Autocorrelation, which is IZDEMIR Enerji 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 IZDEMIR Enerji's stock expected returns. We can calculate the autocorrelation of IZDEMIR Enerji returns to help us make a trade decision. For example, suppose you find that IZDEMIR Enerji 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
IZDEMIR Enerji 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 IZDEMIR Enerji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IZDEMIR Enerji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IZDEMIR Enerji stock over time.
Current vs Lagged Prices
Timeline
IZDEMIR Enerji Lagged Returns
When evaluating IZDEMIR Enerji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IZDEMIR Enerji stock have on its future price. IZDEMIR Enerji 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, IZDEMIR Enerji autocorrelation shows the relationship between IZDEMIR Enerji stock current value and its past values and can show if there is a momentum factor associated with investing in IZDEMIR Enerji Elektrik.
Regressed Prices
Timeline
Thematic Opportunities
Explore Investment Opportunities
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