Turkcell Iletisim (Turkey) Market Value
| TCELL Stock | TRY 93.15 2.85 2.97% |
| Symbol | Turkcell |
Turkcell Iletisim '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 Turkcell Iletisim'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 Turkcell Iletisim.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Turkcell Iletisim on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Turkcell Iletisim Hizmetleri or generate 0.0% return on investment in Turkcell Iletisim over 270 days. Turkcell Iletisim is related to or competes with Yibitas Yozgat, Ege Endustri, Borusan Yatirim, Turkiye Petrol, Turkish Airlines, Pegasus Hava, and Konya Cimento. Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Azerbaijan, Cyprus, Germany, an... More
Turkcell Iletisim 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 Turkcell Iletisim'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 Turkcell Iletisim Hizmetleri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.67 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 4.58 |
Turkcell Iletisim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkcell Iletisim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkcell Iletisim's standard deviation. In reality, there are many statistical measures that can use Turkcell Iletisim historical prices to predict the future Turkcell Iletisim's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.52) |
Turkcell Iletisim Backtested Returns
Turkcell Iletisim is very steady at the moment. Turkcell Iletisim owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0274, which indicates the firm had a 0.0274% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Turkcell Iletisim Hizmetleri, which you can use to evaluate the volatility of the company. Please validate Turkcell Iletisim's Variance of 4.96, coefficient of variation of (4,002), and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0598%. Turkcell Iletisim has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Turkcell Iletisim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turkcell Iletisim is expected to be smaller as well. Turkcell Iletisim right now has a risk of 2.18%. Please validate Turkcell Iletisim maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Turkcell Iletisim will be following its existing price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Turkcell Iletisim Hizmetleri has excellent reverse predictability. Overlapping area represents the amount of predictability between Turkcell Iletisim time series from 27th of February 2024 to 11th of July 2024 and 11th of July 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 Turkcell Iletisim price movement. The serial correlation of -0.84 indicates that around 84.0% of current Turkcell Iletisim price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 69.7 |
Turkcell Iletisim lagged returns against current returns
Autocorrelation, which is Turkcell Iletisim 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 Turkcell Iletisim's stock expected returns. We can calculate the autocorrelation of Turkcell Iletisim returns to help us make a trade decision. For example, suppose you find that Turkcell Iletisim 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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Turkcell Iletisim 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 Turkcell Iletisim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkcell Iletisim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkcell Iletisim stock over time.
Current vs Lagged Prices |
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Turkcell Iletisim Lagged Returns
When evaluating Turkcell Iletisim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkcell Iletisim stock have on its future price. Turkcell Iletisim 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, Turkcell Iletisim autocorrelation shows the relationship between Turkcell Iletisim stock current value and its past values and can show if there is a momentum factor associated with investing in Turkcell Iletisim Hizmetleri.
Regressed Prices |
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Thematic Opportunities
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Additional Information and Resources on Investing in Turkcell Stock
When determining whether Turkcell Iletisim offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turkcell Iletisim's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turkcell Iletisim Hizmetleri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turkcell Iletisim Hizmetleri Stock:Check out Turkcell Iletisim Correlation, Turkcell Iletisim Volatility and Turkcell Iletisim Alpha and Beta module to complement your research on Turkcell Iletisim. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Turkcell Iletisim technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.