Penta Teknoloji (Turkey) Market Value
| PENTA Stock | 14.99 0.22 1.49% |
| Symbol | Penta |
Penta Teknoloji '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 Penta Teknoloji'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 Penta Teknoloji.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Penta Teknoloji on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Penta Teknoloji Urunleri or generate 0.0% return on investment in Penta Teknoloji over 30 days. Penta Teknoloji is related to or competes with Galata Wind, Indeks Bilgisayar, Logo Yazilim, and Kontrolmatik Teknoloji. More
Penta Teknoloji 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 Penta Teknoloji'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 Penta Teknoloji Urunleri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.14 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 2.98 |
Penta Teknoloji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Penta Teknoloji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Penta Teknoloji's standard deviation. In reality, there are many statistical measures that can use Penta Teknoloji historical prices to predict the future Penta Teknoloji's volatility.| Risk Adjusted Performance | 0.0497 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1151 |
Penta Teknoloji Urunleri Backtested Returns
Penta Teknoloji Urunleri maintains Sharpe Ratio (i.e., Efficiency) of -0.0288, which implies the firm had a -0.0288% return per unit of risk over the last 3 months. Penta Teknoloji Urunleri exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Penta Teknoloji's Semi Deviation of 1.76, risk adjusted performance of 0.0497, and Coefficient Of Variation of 1775.98 to confirm the risk estimate we provide. The company holds a Beta of 1.02, which implies a somewhat significant risk relative to the market. Penta Teknoloji returns are very sensitive to returns on the market. As the market goes up or down, Penta Teknoloji is expected to follow. At this point, Penta Teknoloji Urunleri has a negative expected return of -0.0545%. Please make sure to check Penta Teknoloji's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Penta Teknoloji Urunleri performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Penta Teknoloji Urunleri has good predictability. Overlapping area represents the amount of predictability between Penta Teknoloji time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Penta Teknoloji Urunleri price movement. The serial correlation of 0.78 indicates that around 78.0% of current Penta Teknoloji price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Penta Teknoloji Urunleri lagged returns against current returns
Autocorrelation, which is Penta Teknoloji 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 Penta Teknoloji's stock expected returns. We can calculate the autocorrelation of Penta Teknoloji returns to help us make a trade decision. For example, suppose you find that Penta Teknoloji 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 |
Penta Teknoloji 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 Penta Teknoloji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Penta Teknoloji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Penta Teknoloji stock over time.
Current vs Lagged Prices |
| Timeline |
Penta Teknoloji Lagged Returns
When evaluating Penta Teknoloji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Penta Teknoloji stock have on its future price. Penta Teknoloji 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, Penta Teknoloji autocorrelation shows the relationship between Penta Teknoloji stock current value and its past values and can show if there is a momentum factor associated with investing in Penta Teknoloji Urunleri.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Penta Stock
Penta Teknoloji financial ratios help investors to determine whether Penta 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 Penta with respect to the benefits of owning Penta Teknoloji security.