Vestel Beyaz (Turkey) Market Value
| VESBE Stock | TRY 16.90 0.22 1.29% |
| Symbol | Vestel |
Vestel Beyaz '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 Vestel Beyaz'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 Vestel Beyaz.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Vestel Beyaz on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vestel Beyaz Esya or generate 0.0% return on investment in Vestel Beyaz over 90 days. Vestel Beyaz is related to or competes with Eregli Demir, Turkiye Sise, Ford Otomotiv, Aksa Akrilik, and Tofas Turk. Vestel Beyaz Esya Sanayi ve Ticaret A.S. manufactures electronics and household appliances in Turkey, Europe, and intern... More
Vestel Beyaz 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 Vestel Beyaz'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 Vestel Beyaz Esya upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.47 |
Vestel Beyaz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vestel Beyaz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vestel Beyaz's standard deviation. In reality, there are many statistical measures that can use Vestel Beyaz historical prices to predict the future Vestel Beyaz's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vestel Beyaz'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.
Vestel Beyaz Esya Backtested Returns
Vestel Beyaz Esya owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0223, which indicates the firm had a -0.0223% return per unit of risk over the last 3 months. Vestel Beyaz Esya exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestel Beyaz's Coefficient Of Variation of (4,478), variance of 2.85, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vestel Beyaz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vestel Beyaz is expected to be smaller as well. At this point, Vestel Beyaz Esya has a negative expected return of -0.0377%. Please make sure to validate Vestel Beyaz's rate of daily change, and the relationship between the kurtosis and market facilitation index , to decide if Vestel Beyaz Esya performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Vestel Beyaz Esya has insignificant predictability. Overlapping area represents the amount of predictability between Vestel Beyaz time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Vestel Beyaz Esya price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Vestel Beyaz price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Vestel Beyaz Esya lagged returns against current returns
Autocorrelation, which is Vestel Beyaz 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 Vestel Beyaz's stock expected returns. We can calculate the autocorrelation of Vestel Beyaz returns to help us make a trade decision. For example, suppose you find that Vestel Beyaz 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 |
Vestel Beyaz 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 Vestel Beyaz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vestel Beyaz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vestel Beyaz stock over time.
Current vs Lagged Prices |
| Timeline |
Vestel Beyaz Lagged Returns
When evaluating Vestel Beyaz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vestel Beyaz stock have on its future price. Vestel Beyaz 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, Vestel Beyaz autocorrelation shows the relationship between Vestel Beyaz stock current value and its past values and can show if there is a momentum factor associated with investing in Vestel Beyaz Esya.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Vestel Stock
Vestel Beyaz financial ratios help investors to determine whether Vestel 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 Vestel with respect to the benefits of owning Vestel Beyaz security.