TAV Havalimanlari (Turkey) Market Value
| TAVHL Stock | TRY 270.00 2.25 0.84% |
| Symbol | TAV |
TAV Havalimanlari '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 TAV Havalimanlari'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 TAV Havalimanlari.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in TAV Havalimanlari on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding TAV Havalimanlari Holding or generate 0.0% return on investment in TAV Havalimanlari over 270 days. TAV Havalimanlari is related to or competes with QNB Finans, Pamel Yenilenebilir, Brisa Bridgestone, Dogus Gayrimenkul, Kent Gida, Akenerji Elektrik, and Yatas Yatak. TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates ... More
TAV Havalimanlari 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 TAV Havalimanlari'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 TAV Havalimanlari Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.0283 | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 3.79 |
TAV Havalimanlari Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TAV Havalimanlari's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TAV Havalimanlari's standard deviation. In reality, there are many statistical measures that can use TAV Havalimanlari historical prices to predict the future TAV Havalimanlari's volatility.| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | 0.1289 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | 0.4116 |
TAV Havalimanlari Holding Backtested Returns
TAV Havalimanlari appears to be very steady, given 3 months investment horizon. TAV Havalimanlari Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the company had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for TAV Havalimanlari Holding, which you can use to evaluate the volatility of the entity. Please review TAV Havalimanlari's market risk adjusted performance of 0.4216, and Downside Deviation of 2.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TAV Havalimanlari holds a performance score of 7. The firm has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TAV Havalimanlari's returns are expected to increase less than the market. However, during the bear market, the loss of holding TAV Havalimanlari is expected to be smaller as well. Please check TAV Havalimanlari's semi variance, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether TAV Havalimanlari's existing price patterns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
TAV Havalimanlari Holding has good reverse predictability. Overlapping area represents the amount of predictability between TAV Havalimanlari time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 TAV Havalimanlari Holding price movement. The serial correlation of -0.53 indicates that about 53.0% of current TAV Havalimanlari price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 303.79 |
TAV Havalimanlari Holding lagged returns against current returns
Autocorrelation, which is TAV Havalimanlari 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 TAV Havalimanlari's stock expected returns. We can calculate the autocorrelation of TAV Havalimanlari returns to help us make a trade decision. For example, suppose you find that TAV Havalimanlari 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 |
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TAV Havalimanlari 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 TAV Havalimanlari stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TAV Havalimanlari stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TAV Havalimanlari stock over time.
Current vs Lagged Prices |
| Timeline |
TAV Havalimanlari Lagged Returns
When evaluating TAV Havalimanlari's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TAV Havalimanlari stock have on its future price. TAV Havalimanlari 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, TAV Havalimanlari autocorrelation shows the relationship between TAV Havalimanlari stock current value and its past values and can show if there is a momentum factor associated with investing in TAV Havalimanlari Holding.
Regressed Prices |
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Other Information on Investing in TAV Stock
TAV Havalimanlari financial ratios help investors to determine whether TAV 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 TAV with respect to the benefits of owning TAV Havalimanlari security.