Turkiye Vakiflar Bankasi Stock Market Value
| TKYVY Stock | USD 6.30 2.30 57.50% |
| Symbol | Turkiye |
Turkiye Vakiflar '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 Turkiye Vakiflar's pink sheet 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 Turkiye Vakiflar.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Turkiye Vakiflar on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Vakiflar Bankasi or generate 0.0% return on investment in Turkiye Vakiflar over 30 days. Turkiye Vakiflar is related to or competes with Akbank Turk, Turkiye Garanti, Commercial International, Kasikornbank Public, and PT Bank. Trkiye Vakiflar Bankasi Trk Anonim Ortakligi, together with its subsidiaries, provides corporate, commercial, small busi... More
Turkiye Vakiflar 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 Turkiye Vakiflar's pink sheet 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 Turkiye Vakiflar Bankasi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1036 |
Turkiye Vakiflar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Vakiflar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Vakiflar's standard deviation. In reality, there are many statistical measures that can use Turkiye Vakiflar historical prices to predict the future Turkiye Vakiflar's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 0.9473 | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (1.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Turkiye Vakiflar'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.
Turkiye Vakiflar Bankasi Backtested Returns
Turkiye Vakiflar appears to be unstable, given 3 months investment horizon. Turkiye Vakiflar Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Turkiye Vakiflar's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please review Turkiye Vakiflar's Variance of 50.09, risk adjusted performance of 0.103, and Coefficient Of Variation of 812.4 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Turkiye Vakiflar holds a performance score of 9. The entity has a beta of -0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Turkiye Vakiflar are expected to decrease at a much lower rate. During the bear market, Turkiye Vakiflar is likely to outperform the market. Please check Turkiye Vakiflar's skewness, rate of daily change, as well as the relationship between the Rate Of Daily Change and price action indicator , to make a quick decision on whether Turkiye Vakiflar's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Turkiye Vakiflar Bankasi has no correlation between past and present. Overlapping area represents the amount of predictability between Turkiye Vakiflar time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Turkiye Vakiflar Bankasi price movement. The serial correlation of 0.0 indicates that just 0.0% of current Turkiye Vakiflar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Turkiye Vakiflar Bankasi lagged returns against current returns
Autocorrelation, which is Turkiye Vakiflar pink sheet'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 Turkiye Vakiflar's pink sheet expected returns. We can calculate the autocorrelation of Turkiye Vakiflar returns to help us make a trade decision. For example, suppose you find that Turkiye Vakiflar has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Turkiye Vakiflar 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 Turkiye Vakiflar pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Vakiflar pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Vakiflar pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Vakiflar Lagged Returns
When evaluating Turkiye Vakiflar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Vakiflar pink sheet have on its future price. Turkiye Vakiflar 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, Turkiye Vakiflar autocorrelation shows the relationship between Turkiye Vakiflar pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Vakiflar Bankasi.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Turkiye Pink Sheet Analysis
When running Turkiye Vakiflar's price analysis, check to measure Turkiye Vakiflar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turkiye Vakiflar is operating at the current time. Most of Turkiye Vakiflar's value examination focuses on studying past and present price action to predict the probability of Turkiye Vakiflar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkiye Vakiflar's price. Additionally, you may evaluate how the addition of Turkiye Vakiflar to your portfolios can decrease your overall portfolio volatility.