Trabzonspor Sportif (Turkey) Market Value
| TSPOR Stock | TRY 0.94 0.02 2.08% |
| Symbol | Trabzonspor |
Trabzonspor Sportif '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 Trabzonspor Sportif'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 Trabzonspor Sportif.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Trabzonspor Sportif on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Trabzonspor Sportif Yatirim or generate 0.0% return on investment in Trabzonspor Sportif over 30 days. Trabzonspor Sportif is related to or competes with Trabzon Liman, Bayrak EBT, Birikim Varlik, Inveo Yatirim, Alkim Kagit, Federal Mogul, and Atlas Menkul. Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret A.S More
Trabzonspor Sportif 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 Trabzonspor Sportif'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 Trabzonspor Sportif Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (4.95) | |||
| Potential Upside | 4.55 |
Trabzonspor Sportif Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trabzonspor Sportif's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trabzonspor Sportif's standard deviation. In reality, there are many statistical measures that can use Trabzonspor Sportif historical prices to predict the future Trabzonspor Sportif's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (1.48) |
Trabzonspor Sportif Backtested Returns
Trabzonspor Sportif 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. Trabzonspor Sportif Yatirim exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trabzonspor Sportif's Risk Adjusted Performance of (0.18), variance of 7.67, and Coefficient Of Variation of (414.79) to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trabzonspor Sportif's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trabzonspor Sportif is expected to be smaller as well. At this point, Trabzonspor Sportif has a negative expected return of -0.5%. Please make sure to validate Trabzonspor Sportif's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Trabzonspor Sportif performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Trabzonspor Sportif Yatirim has poor reverse predictability. Overlapping area represents the amount of predictability between Trabzonspor Sportif 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 Trabzonspor Sportif price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Trabzonspor Sportif price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Trabzonspor Sportif lagged returns against current returns
Autocorrelation, which is Trabzonspor Sportif 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 Trabzonspor Sportif's stock expected returns. We can calculate the autocorrelation of Trabzonspor Sportif returns to help us make a trade decision. For example, suppose you find that Trabzonspor Sportif 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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Trabzonspor Sportif 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 Trabzonspor Sportif stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trabzonspor Sportif stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trabzonspor Sportif stock over time.
Current vs Lagged Prices |
| Timeline |
Trabzonspor Sportif Lagged Returns
When evaluating Trabzonspor Sportif's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trabzonspor Sportif stock have on its future price. Trabzonspor Sportif 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, Trabzonspor Sportif autocorrelation shows the relationship between Trabzonspor Sportif stock current value and its past values and can show if there is a momentum factor associated with investing in Trabzonspor Sportif Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Trabzonspor Stock
Trabzonspor Sportif financial ratios help investors to determine whether Trabzonspor 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 Trabzonspor with respect to the benefits of owning Trabzonspor Sportif security.