Nurol Gayrimenkul (Turkey) Market Value
| NUGYO Stock | TRY 7.67 0.10 1.29% |
| Symbol | Nurol |
Nurol Gayrimenkul '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 Nurol Gayrimenkul'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 Nurol Gayrimenkul.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Nurol Gayrimenkul on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Nurol Gayrimenkul Yatirim or generate 0.0% return on investment in Nurol Gayrimenkul over 30 days. Nurol Gayrimenkul is related to or competes with Koza Anadolu, Akcansa Cimento, Galatasaray Sportif, Bms Birlesik, ICBC Turkey, and Turkish Airlines. Nurol Gayrimenkul Yatirim Ortakligi AS is a publicly owned real estate investment trust More
Nurol Gayrimenkul 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 Nurol Gayrimenkul'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 Nurol Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.36 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 4.01 |
Nurol Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nurol Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nurol Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Nurol Gayrimenkul historical prices to predict the future Nurol Gayrimenkul's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.08) |
Nurol Gayrimenkul Yatirim Backtested Returns
Nurol Gayrimenkul Yatirim has Sharpe Ratio of -0.0304, which conveys that the firm had a -0.0304% return per unit of risk over the last 3 months. Nurol Gayrimenkul exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nurol Gayrimenkul's Standard Deviation of 2.24, mean deviation of 1.7, and insignificant Risk Adjusted Performance to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nurol Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nurol Gayrimenkul is expected to be smaller as well. At this point, Nurol Gayrimenkul Yatirim has a negative expected return of -0.0678%. Please make sure to verify Nurol Gayrimenkul's treynor ratio and daily balance of power , to decide if Nurol Gayrimenkul Yatirim performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Nurol Gayrimenkul Yatirim has modest reverse predictability. Overlapping area represents the amount of predictability between Nurol Gayrimenkul time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Nurol Gayrimenkul Yatirim price movement. The serial correlation of -0.46 indicates that about 46.0% of current Nurol Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Nurol Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Nurol Gayrimenkul 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 Nurol Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Nurol Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Nurol Gayrimenkul 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 |
Nurol Gayrimenkul 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 Nurol Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nurol Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nurol Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Nurol Gayrimenkul Lagged Returns
When evaluating Nurol Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nurol Gayrimenkul stock have on its future price. Nurol Gayrimenkul 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, Nurol Gayrimenkul autocorrelation shows the relationship between Nurol Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Nurol Gayrimenkul Yatirim.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Nurol Stock
Nurol Gayrimenkul financial ratios help investors to determine whether Nurol 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 Nurol with respect to the benefits of owning Nurol Gayrimenkul security.