Turkiye Sigorta (Turkey) Market Value
| TURSG Stock | TRY 17.66 0.04 0.23% |
| Symbol | Turkiye |
Turkiye Sigorta '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 Sigorta'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 Turkiye Sigorta.
| 01/14/2024 |
| 02/07/2025 |
If you would invest 0.00 in Turkiye Sigorta on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Sigorta AS or generate 0.0% return on investment in Turkiye Sigorta over 390 days. Turkiye Sigorta is related to or competes with Turk Telekomunikasyon, Tekfen Holding, Enerjisa Enerji, Haci Omer, and Kardemir Karabuk. Trkiye Sigorta Anonim Sirketi operates as a non-life insurance company in Turkey More
Turkiye Sigorta 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 Sigorta'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 Turkiye Sigorta AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.1671 | |||
| Maximum Drawdown | 15.74 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 4.28 |
Turkiye Sigorta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Sigorta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Sigorta's standard deviation. In reality, there are many statistical measures that can use Turkiye Sigorta historical prices to predict the future Turkiye Sigorta's volatility.| Risk Adjusted Performance | 0.1772 | |||
| Jensen Alpha | 0.5055 | |||
| Total Risk Alpha | 0.245 | |||
| Sortino Ratio | 0.1838 | |||
| Treynor Ratio | 5.2 |
Turkiye Sigorta AS Backtested Returns
Turkiye Sigorta appears to be not too volatile, given 3 months investment horizon. Turkiye Sigorta AS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21 % return per unit of risk over the last 3 months. By inspecting Turkiye Sigorta's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Turkiye Sigorta's Semi Deviation of 1.79, coefficient of variation of 486.99, and Risk Adjusted Performance of 0.1772 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Turkiye Sigorta holds a performance score of 16. The entity has a beta of 0.0989, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Turkiye Sigorta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turkiye Sigorta is expected to be smaller as well. Please check Turkiye Sigorta's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Turkiye Sigorta's existing price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Turkiye Sigorta AS has good predictability. Overlapping area represents the amount of predictability between Turkiye Sigorta time series from 14th of January 2024 to 27th of July 2024 and 27th of July 2024 to 7th of February 2025. 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 Sigorta AS price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Turkiye Sigorta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 3.09 |
Turkiye Sigorta AS lagged returns against current returns
Autocorrelation, which is Turkiye Sigorta 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 Turkiye Sigorta's stock expected returns. We can calculate the autocorrelation of Turkiye Sigorta returns to help us make a trade decision. For example, suppose you find that Turkiye Sigorta 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 |
| Timeline |
Turkiye Sigorta 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 Sigorta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Sigorta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Sigorta stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Sigorta Lagged Returns
When evaluating Turkiye Sigorta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Sigorta stock have on its future price. Turkiye Sigorta 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 Sigorta autocorrelation shows the relationship between Turkiye Sigorta stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Sigorta AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Turkiye Stock
Turkiye Sigorta financial ratios help investors to determine whether Turkiye 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 Turkiye with respect to the benefits of owning Turkiye Sigorta security.