QNB Finans (Turkey) Market Value
| QNBFL Stock | TRY 96.10 8.70 9.95% |
| Symbol | QNB |
QNB Finans '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 QNB Finans' 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 QNB Finans.
| 09/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in QNB Finans on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding QNB Finans Finansal or generate 0.0% return on investment in QNB Finans over 420 days. QNB Finans is related to or competes with Cuhadaroglu Metal, ICBC Turkey, and Bms Birlesik. QNB Finans Finansal Kiralama AS provides financial leasing services in Turkey and internationally More
QNB Finans 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 QNB Finans' 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 QNB Finans Finansal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 4.69 |
QNB Finans Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QNB Finans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QNB Finans' standard deviation. In reality, there are many statistical measures that can use QNB Finans historical prices to predict the future QNB Finans' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (1.43) |
QNB Finans Finansal Backtested Returns
QNB Finans Finansal retains Efficiency (Sharpe Ratio) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. QNB Finans exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QNB Finans' coefficient of variation of (1,132), and Market Risk Adjusted Performance of (1.42) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, QNB Finans' returns are expected to increase less than the market. However, during the bear market, the loss of holding QNB Finans is expected to be smaller as well. At this point, QNB Finans Finansal has a negative expected return of -0.43%. Please make sure to check QNB Finans' potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if QNB Finans Finansal performance from the past will be repeated at future time.
Auto-correlation | -0.43 |
Modest reverse predictability
QNB Finans Finansal has modest reverse predictability. Overlapping area represents the amount of predictability between QNB Finans time series from 30th of September 2023 to 27th of April 2024 and 27th of April 2024 to 23rd 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 QNB Finans Finansal price movement. The serial correlation of -0.43 indicates that just about 43.0% of current QNB Finans price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 233.55 |
QNB Finans Finansal lagged returns against current returns
Autocorrelation, which is QNB Finans 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 QNB Finans' stock expected returns. We can calculate the autocorrelation of QNB Finans returns to help us make a trade decision. For example, suppose you find that QNB Finans 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 |
QNB Finans 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 QNB Finans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QNB Finans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QNB Finans stock over time.
Current vs Lagged Prices |
| Timeline |
QNB Finans Lagged Returns
When evaluating QNB Finans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QNB Finans stock have on its future price. QNB Finans 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, QNB Finans autocorrelation shows the relationship between QNB Finans stock current value and its past values and can show if there is a momentum factor associated with investing in QNB Finans Finansal.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in QNB Stock
QNB Finans financial ratios help investors to determine whether QNB 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 QNB with respect to the benefits of owning QNB Finans security.