Vakif Gayrimenkul (Turkey) Market Value
| VKGYO Stock | TRY 2.12 0.05 2.42% |
| Symbol | Vakif |
Vakif 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 Vakif 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 Vakif Gayrimenkul.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Vakif Gayrimenkul on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Vakif Gayrimenkul Yatirim or generate 0.0% return on investment in Vakif Gayrimenkul over 30 days. Vakif Gayrimenkul is related to or competes with Brisa Bridgestone, Kent Gida, Akenerji Elektrik, Yatas Yatak, Gedik Yatirim, Hitit Bilgisayar, and Datagate Bilgisayar. Vakif Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust More
Vakif 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 Vakif 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 Vakif Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.1074 | |||
| Maximum Drawdown | 15.38 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 4.19 |
Vakif Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vakif Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vakif Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Vakif Gayrimenkul historical prices to predict the future Vakif Gayrimenkul's volatility.| Risk Adjusted Performance | 0.1234 | |||
| Jensen Alpha | 0.3945 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1208 | |||
| Treynor Ratio | 1.13 |
Vakif Gayrimenkul Yatirim Backtested Returns
Vakif Gayrimenkul appears to be very risky, given 3 months investment horizon. Vakif Gayrimenkul Yatirim 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. By inspecting Vakif Gayrimenkul's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Vakif Gayrimenkul's Semi Deviation of 2.29, risk adjusted performance of 0.1234, and Coefficient Of Variation of 661.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vakif Gayrimenkul holds a performance score of 14. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vakif Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vakif Gayrimenkul is expected to be smaller as well. Please check Vakif Gayrimenkul's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Vakif Gayrimenkul's existing price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Vakif Gayrimenkul Yatirim has average predictability. Overlapping area represents the amount of predictability between Vakif Gayrimenkul time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Vakif Gayrimenkul Yatirim price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Vakif Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vakif Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Vakif 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 Vakif Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Vakif Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Vakif 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 |
| Timeline |
Vakif 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 Vakif Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vakif Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vakif Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Vakif Gayrimenkul Lagged Returns
When evaluating Vakif Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vakif Gayrimenkul stock have on its future price. Vakif 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, Vakif Gayrimenkul autocorrelation shows the relationship between Vakif Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Vakif Gayrimenkul Yatirim.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Vakif Stock
Vakif Gayrimenkul financial ratios help investors to determine whether Vakif 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 Vakif with respect to the benefits of owning Vakif Gayrimenkul security.