Trend Gayrimenkul (Turkey) Market Value
| TDGYO Stock | 11.38 0.20 1.79% |
| Symbol | Trend |
Trend Gayrimenkul '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 Trend Gayrimenkul'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 Trend Gayrimenkul.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Trend Gayrimenkul on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Trend Gayrimenkul Yatirim or generate 0.0% return on investment in Trend Gayrimenkul over 30 days. Trend Gayrimenkul is related to or competes with Brisa Bridgestone, Dogus Gayrimenkul, Logo Yazilim, Ege Gubre, Prizma Pres, and Birlik Mensucat. More
Trend Gayrimenkul 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 Trend Gayrimenkul'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 Trend Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.42 | |||
| Information Ratio | 0.058 | |||
| Maximum Drawdown | 19.96 | |||
| Value At Risk | (6.96) | |||
| Potential Upside | 4.45 |
Trend Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trend Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trend Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Trend Gayrimenkul historical prices to predict the future Trend Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | 0.259 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | 0.646 |
Trend Gayrimenkul Yatirim Backtested Returns
Trend Gayrimenkul appears to be somewhat reliable, given 3 months investment horizon. Trend Gayrimenkul Yatirim owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0889, which indicates the firm had a 0.0889% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trend Gayrimenkul Yatirim, which you can use to evaluate the volatility of the company. Please review Trend Gayrimenkul's Coefficient Of Variation of 1059.34, risk adjusted performance of 0.0801, and Semi Deviation of 3.59 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trend Gayrimenkul holds a performance score of 7. The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trend Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trend Gayrimenkul is expected to be smaller as well. Please check Trend Gayrimenkul's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Trend Gayrimenkul's existing price patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Trend Gayrimenkul Yatirim has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Trend Gayrimenkul time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Trend Gayrimenkul Yatirim price movement. The serial correlation of -0.72 indicates that around 72.0% of current Trend Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Trend Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Trend Gayrimenkul 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 Trend Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Trend Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Trend Gayrimenkul 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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Trend Gayrimenkul 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 Trend Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trend Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trend Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Trend Gayrimenkul Lagged Returns
When evaluating Trend Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trend Gayrimenkul stock have on its future price. Trend Gayrimenkul 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, Trend Gayrimenkul autocorrelation shows the relationship between Trend Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Trend Gayrimenkul Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Trend Stock
Trend Gayrimenkul financial ratios help investors to determine whether Trend 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 Trend with respect to the benefits of owning Trend Gayrimenkul security.