Seker Finansal (Turkey) Market Value
| SEKFK Stock | TRY 7.62 0.03 0.39% |
| Symbol | Seker |
Seker Finansal '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 Seker Finansal'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 Seker Finansal.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Seker Finansal on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Seker Finansal Kiralama or generate 0.0% return on investment in Seker Finansal over 390 days. Seker Finansal is related to or competes with Cuhadaroglu Metal, Akcansa Cimento, Qnb Finansbank, and ICBC Turkey. The company was founded in 1997 and is headquartered in Istanbul, Turkey More
Seker Finansal 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 Seker Finansal'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 Seker Finansal Kiralama upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.24 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.37 |
Seker Finansal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seker Finansal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seker Finansal's standard deviation. In reality, there are many statistical measures that can use Seker Finansal historical prices to predict the future Seker Finansal's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.9952 |
Seker Finansal Kiralama Backtested Returns
Seker Finansal Kiralama owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0744, which indicates the firm had a -0.0744% return per unit of risk over the last 3 months. Seker Finansal Kiralama exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seker Finansal's Risk Adjusted Performance of (0.04), variance of 3.26, and Coefficient Of Variation of (1,729) to confirm the risk estimate we provide. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Seker Finansal are expected to decrease at a much lower rate. During the bear market, Seker Finansal is likely to outperform the market. At this point, Seker Finansal Kiralama has a negative expected return of -0.13%. Please make sure to validate Seker Finansal's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Seker Finansal Kiralama performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Seker Finansal Kiralama has very good reverse predictability. Overlapping area represents the amount of predictability between Seker Finansal time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Seker Finansal Kiralama price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Seker Finansal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 1.58 |
Seker Finansal Kiralama lagged returns against current returns
Autocorrelation, which is Seker Finansal 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 Seker Finansal's stock expected returns. We can calculate the autocorrelation of Seker Finansal returns to help us make a trade decision. For example, suppose you find that Seker Finansal 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 |
Seker Finansal 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 Seker Finansal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seker Finansal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seker Finansal stock over time.
Current vs Lagged Prices |
| Timeline |
Seker Finansal Lagged Returns
When evaluating Seker Finansal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seker Finansal stock have on its future price. Seker Finansal 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, Seker Finansal autocorrelation shows the relationship between Seker Finansal stock current value and its past values and can show if there is a momentum factor associated with investing in Seker Finansal Kiralama.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Seker Stock
Seker Finansal financial ratios help investors to determine whether Seker 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 Seker with respect to the benefits of owning Seker Finansal security.