Iz Hayvancilik (Turkey) Market Value
| IZINV Stock | 45.72 0.30 0.66% |
| Symbol | IZINV |
Iz Hayvancilik '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 Iz Hayvancilik'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 Iz Hayvancilik.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Iz Hayvancilik on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Iz Hayvancilik Tarim or generate 0.0% return on investment in Iz Hayvancilik over 30 days.
Iz Hayvancilik 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 Iz Hayvancilik'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 Iz Hayvancilik Tarim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.46 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 2.9 |
Iz Hayvancilik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iz Hayvancilik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iz Hayvancilik's standard deviation. In reality, there are many statistical measures that can use Iz Hayvancilik historical prices to predict the future Iz Hayvancilik's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iz Hayvancilik'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.
Iz Hayvancilik Tarim Backtested Returns
Iz Hayvancilik Tarim retains Efficiency (Sharpe Ratio) of -0.15, which attests that the entity had a -0.15% return per unit of price deviation over the last 3 months. Iz Hayvancilik exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iz Hayvancilik's Information Ratio of (0.15), coefficient of variation of (726.28), and Market Risk Adjusted Performance of (0.37) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iz Hayvancilik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iz Hayvancilik is expected to be smaller as well. At this point, Iz Hayvancilik Tarim has a negative expected return of -0.33%. Please make sure to check out Iz Hayvancilik's total risk alpha, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Iz Hayvancilik Tarim performance from the past will be repeated at future time.
Auto-correlation | 0.74 |
Good predictability
Iz Hayvancilik Tarim has good predictability. Overlapping area represents the amount of predictability between Iz Hayvancilik time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 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 Iz Hayvancilik Tarim price movement. The serial correlation of 0.74 indicates that around 74.0% of current Iz Hayvancilik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Iz Hayvancilik Tarim lagged returns against current returns
Autocorrelation, which is Iz Hayvancilik 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 Iz Hayvancilik's stock expected returns. We can calculate the autocorrelation of Iz Hayvancilik returns to help us make a trade decision. For example, suppose you find that Iz Hayvancilik 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 |
Iz Hayvancilik 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 Iz Hayvancilik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iz Hayvancilik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iz Hayvancilik stock over time.
Current vs Lagged Prices |
| Timeline |
Iz Hayvancilik Lagged Returns
When evaluating Iz Hayvancilik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iz Hayvancilik stock have on its future price. Iz Hayvancilik 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, Iz Hayvancilik autocorrelation shows the relationship between Iz Hayvancilik stock current value and its past values and can show if there is a momentum factor associated with investing in Iz Hayvancilik Tarim.
Regressed Prices |
| Timeline |