Selcuk Ecza (Turkey) Market Value
| SELEC Stock | TRY 63.25 2.35 3.58% |
| Symbol | Selcuk |
Selcuk Ecza '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 Selcuk Ecza'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 Selcuk Ecza.
| 04/08/2023 |
| 02/26/2025 |
If you would invest 0.00 in Selcuk Ecza on April 8, 2023 and sell it all today you would earn a total of 0.00 from holding Selcuk Ecza Deposu or generate 0.0% return on investment in Selcuk Ecza over 690 days. Selcuk Ecza is related to or competes with Cuhadaroglu Metal, Akcansa Cimento, Sekerbank TAS, Gentas Genel, Turkiye Kalkinma, and E Data. Seluk Ecza Deposu Ticaret ve Sanayi A.S. operates as a distribution channel between pharmaceutical manufacturers, and ho... More
Selcuk Ecza 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 Selcuk Ecza'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 Selcuk Ecza Deposu upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 2.26 |
Selcuk Ecza Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selcuk Ecza's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Selcuk Ecza's standard deviation. In reality, there are many statistical measures that can use Selcuk Ecza historical prices to predict the future Selcuk Ecza's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (3.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Selcuk Ecza's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Selcuk Ecza Deposu Backtested Returns
Selcuk Ecza Deposu owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Selcuk Ecza Deposu exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Selcuk Ecza's Coefficient Of Variation of (555.50), variance of 3.44, and Risk Adjusted Performance of (0.13) 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, Selcuk Ecza's returns are expected to increase less than the market. However, during the bear market, the loss of holding Selcuk Ecza is expected to be smaller as well. At this point, Selcuk Ecza Deposu has a negative expected return of -0.35%. Please make sure to validate Selcuk Ecza's value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Selcuk Ecza Deposu performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Selcuk Ecza Deposu has good predictability. Overlapping area represents the amount of predictability between Selcuk Ecza time series from 8th of April 2023 to 18th of March 2024 and 18th of March 2024 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Selcuk Ecza Deposu price movement. The serial correlation of 0.69 indicates that around 69.0% of current Selcuk Ecza price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 125.27 |
Selcuk Ecza Deposu lagged returns against current returns
Autocorrelation, which is Selcuk Ecza 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 Selcuk Ecza's stock expected returns. We can calculate the autocorrelation of Selcuk Ecza returns to help us make a trade decision. For example, suppose you find that Selcuk Ecza 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 |
Selcuk Ecza 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 Selcuk Ecza stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Selcuk Ecza stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Selcuk Ecza stock over time.
Current vs Lagged Prices |
| Timeline |
Selcuk Ecza Lagged Returns
When evaluating Selcuk Ecza's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Selcuk Ecza stock have on its future price. Selcuk Ecza 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, Selcuk Ecza autocorrelation shows the relationship between Selcuk Ecza stock current value and its past values and can show if there is a momentum factor associated with investing in Selcuk Ecza Deposu.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Selcuk Stock
Selcuk Ecza financial ratios help investors to determine whether Selcuk 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 Selcuk with respect to the benefits of owning Selcuk Ecza security.