Platform Turizm (Turkey) Market Value
| PLTUR Stock | 25.88 0.32 1.22% |
| Symbol | Platform |
Platform Turizm '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 Platform Turizm'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 Platform Turizm.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Platform Turizm on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Platform Turizm Tasimacilik or generate 0.0% return on investment in Platform Turizm over 90 days. Platform Turizm is related to or competes with Bms Birlesik, Gentas Genel, Trabzonspor Sportif, Cuhadaroglu Metal, and Datagate Bilgisayar. More
Platform Turizm 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 Platform Turizm'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 Platform Turizm Tasimacilik upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.55 | |||
| Information Ratio | 0.0091 | |||
| Maximum Drawdown | 17.25 | |||
| Value At Risk | (6.73) | |||
| Potential Upside | 6.14 |
Platform Turizm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Platform Turizm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Platform Turizm's standard deviation. In reality, there are many statistical measures that can use Platform Turizm historical prices to predict the future Platform Turizm's volatility.| Risk Adjusted Performance | 0.0422 | |||
| Jensen Alpha | 0.23 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | (0.24) |
Platform Turizm Tasi Backtested Returns
Platform Turizm is not too volatile at the moment. Platform Turizm Tasi maintains Sharpe Ratio (i.e., Efficiency) of 0.0442, which implies the firm had a 0.0442% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Platform Turizm Tasi, which you can use to evaluate the volatility of the company. Please check Platform Turizm's Risk Adjusted Performance of 0.0422, coefficient of variation of 2234.82, and Semi Deviation of 3.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Platform Turizm has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.63, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Platform Turizm are expected to decrease at a much lower rate. During the bear market, Platform Turizm is likely to outperform the market. Platform Turizm Tasi right now holds a risk of 3.61%. Please check Platform Turizm Tasi potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Platform Turizm Tasi will be following its historical price patterns.
Auto-correlation | -0.68 |
Very good reverse predictability
Platform Turizm Tasimacilik has very good reverse predictability. Overlapping area represents the amount of predictability between Platform Turizm time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Platform Turizm Tasi price movement. The serial correlation of -0.68 indicates that around 68.0% of current Platform Turizm price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 4.76 |
Platform Turizm Tasi lagged returns against current returns
Autocorrelation, which is Platform Turizm 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 Platform Turizm's stock expected returns. We can calculate the autocorrelation of Platform Turizm returns to help us make a trade decision. For example, suppose you find that Platform Turizm 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 |
Platform Turizm 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 Platform Turizm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Platform Turizm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Platform Turizm stock over time.
Current vs Lagged Prices |
| Timeline |
Platform Turizm Lagged Returns
When evaluating Platform Turizm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Platform Turizm stock have on its future price. Platform Turizm 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, Platform Turizm autocorrelation shows the relationship between Platform Turizm stock current value and its past values and can show if there is a momentum factor associated with investing in Platform Turizm Tasimacilik.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Platform Stock
Platform Turizm financial ratios help investors to determine whether Platform 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 Platform with respect to the benefits of owning Platform Turizm security.