Kervan Gda (Turkey) Market Value
| KRVGD Stock | TRY 2.16 0.01 0.46% |
| Symbol | Kervan |
Kervan Gda '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 Kervan Gda'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 Kervan Gda.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in Kervan Gda on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kervan Gda Sanayi or generate 0.0% return on investment in Kervan Gda over 90 days. Kervan Gda is related to or competes with Silverline Endustri, Koza Anadolu, Akcansa Cimento, Politeknik Metal, Datagate Bilgisayar, and Gentas Genel. Kervan Gida Sanayi Ve Ticaret Anonim Sirketi produces and sells candies in Turkey More
Kervan Gda 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 Kervan Gda'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 Kervan Gda Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.16 |
Kervan Gda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kervan Gda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kervan Gda's standard deviation. In reality, there are many statistical measures that can use Kervan Gda historical prices to predict the future Kervan Gda's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.2051 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kervan Gda'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.
Kervan Gda Sanayi Backtested Returns
Kervan Gda Sanayi has Sharpe Ratio of -0.0209, which conveys that the firm had a -0.0209 % return per unit of risk over the last 3 months. Kervan Gda exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kervan Gda's Standard Deviation of 1.55, risk adjusted performance of (0.01), and Mean Deviation of 1.12 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kervan Gda are expected to decrease at a much lower rate. During the bear market, Kervan Gda is likely to outperform the market. At this point, Kervan Gda Sanayi has a negative expected return of -0.0324%. Please make sure to verify Kervan Gda's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Kervan Gda Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Kervan Gda Sanayi has poor reverse predictability. Overlapping area represents the amount of predictability between Kervan Gda time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kervan Gda Sanayi price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Kervan Gda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kervan Gda Sanayi lagged returns against current returns
Autocorrelation, which is Kervan Gda 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 Kervan Gda's stock expected returns. We can calculate the autocorrelation of Kervan Gda returns to help us make a trade decision. For example, suppose you find that Kervan Gda 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 |
Kervan Gda 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 Kervan Gda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kervan Gda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kervan Gda stock over time.
Current vs Lagged Prices |
| Timeline |
Kervan Gda Lagged Returns
When evaluating Kervan Gda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kervan Gda stock have on its future price. Kervan Gda 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, Kervan Gda autocorrelation shows the relationship between Kervan Gda stock current value and its past values and can show if there is a momentum factor associated with investing in Kervan Gda Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Kervan Stock
Kervan Gda financial ratios help investors to determine whether Kervan 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 Kervan with respect to the benefits of owning Kervan Gda security.