MMC Sanayi (Turkey) Market Value
| MMCAS Stock | TRY 20.00 1.02 5.37% |
| Symbol | MMC |
MMC Sanayi '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 MMC Sanayi'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 MMC Sanayi.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in MMC Sanayi on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding MMC Sanayi ve or generate 0.0% return on investment in MMC Sanayi over 30 days. MMC Sanayi is related to or competes with Qnb Finansbank, Gentas Genel, Trabzonspor Sportif, E Data, Koza Anadolu, and Turkiye Kalkinma. MMC Sanayi ve Ticari Yatirimlar A.S. trades in fruits and vegetables from agricultural products in Turkey More
MMC Sanayi 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 MMC Sanayi'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 MMC Sanayi ve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.78 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 4.41 |
MMC Sanayi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MMC Sanayi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MMC Sanayi's standard deviation. In reality, there are many statistical measures that can use MMC Sanayi historical prices to predict the future MMC Sanayi's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 1.03 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MMC Sanayi'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.
MMC Sanayi ve Backtested Returns
MMC Sanayi ve retains Efficiency (Sharpe Ratio) of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. MMC Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MMC Sanayi's Coefficient Of Variation of (957.41), market risk adjusted performance of 1.04, and Mean Deviation of 2.56 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MMC Sanayi are expected to decrease at a much lower rate. During the bear market, MMC Sanayi is likely to outperform the market. At this point, MMC Sanayi ve has a negative expected return of -0.42%. Please make sure to verify MMC Sanayi's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if MMC Sanayi ve performance from the past will be repeated in the future.
Auto-correlation | -0.27 |
Weak reverse predictability
MMC Sanayi ve has weak reverse predictability. Overlapping area represents the amount of predictability between MMC Sanayi time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MMC Sanayi ve price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current MMC Sanayi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
MMC Sanayi ve lagged returns against current returns
Autocorrelation, which is MMC Sanayi 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 MMC Sanayi's stock expected returns. We can calculate the autocorrelation of MMC Sanayi returns to help us make a trade decision. For example, suppose you find that MMC Sanayi 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 |
MMC Sanayi 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 MMC Sanayi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MMC Sanayi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MMC Sanayi stock over time.
Current vs Lagged Prices |
| Timeline |
MMC Sanayi Lagged Returns
When evaluating MMC Sanayi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MMC Sanayi stock have on its future price. MMC Sanayi 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, MMC Sanayi autocorrelation shows the relationship between MMC Sanayi stock current value and its past values and can show if there is a momentum factor associated with investing in MMC Sanayi ve.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in MMC Stock
MMC Sanayi financial ratios help investors to determine whether MMC 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 MMC with respect to the benefits of owning MMC Sanayi security.