Akis Gayrimenkul (Turkey) Market Value
| AKSGY Stock | TRY 18.08 1.64 9.98% |
| Symbol | Akis |
Akis 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 Akis 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 Akis Gayrimenkul.
| 05/11/2022 |
| 04/30/2024 |
If you would invest 0.00 in Akis Gayrimenkul on May 11, 2022 and sell it all today you would earn a total of 0.00 from holding Akis Gayrimenkul Yatirim or generate 0.0% return on investment in Akis Gayrimenkul over 720 days. Akis Gayrimenkul is related to or competes with Turkiye Petrol, Koc Holding, Turkiye Sise, Eregli Demir, Turk Telekomunikasyon, Tofas Turk, and Turkcell Iletisim. AKIS GMYO operates under REITDiversified classification in Turkey and is traded on Istanbul Stock Exchange More
Akis 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 Akis 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 Akis Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0622 | |||
| Maximum Drawdown | 11.17 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 4.54 |
Akis Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akis Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akis Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Akis Gayrimenkul historical prices to predict the future Akis Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0676 | |||
| Jensen Alpha | 0.237 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0686 | |||
| Treynor Ratio | 3.3 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akis Gayrimenkul'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.
Akis Gayrimenkul Yatirim Backtested Returns
Akis Gayrimenkul appears to be not too volatile, given 3 months investment horizon. Akis Gayrimenkul Yatirim secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Akis Gayrimenkul Yatirim, which you can use to evaluate the volatility of the firm. Please makes use of Akis Gayrimenkul's Downside Deviation of 2.38, risk adjusted performance of 0.0676, and Mean Deviation of 2.17 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Akis Gayrimenkul holds a performance score of 12. The firm shows a Beta (market volatility) of 0.0735, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akis Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akis Gayrimenkul is expected to be smaller as well. Please check Akis Gayrimenkul's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Akis Gayrimenkul's price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Akis Gayrimenkul Yatirim has good predictability. Overlapping area represents the amount of predictability between Akis Gayrimenkul time series from 11th of May 2022 to 6th of May 2023 and 6th of May 2023 to 30th of April 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 Akis Gayrimenkul Yatirim price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Akis Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 15.49 |
Akis Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Akis 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 Akis Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Akis Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Akis 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 |
Akis 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 Akis Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akis Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akis Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Akis Gayrimenkul Lagged Returns
When evaluating Akis Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akis Gayrimenkul stock have on its future price. Akis 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, Akis Gayrimenkul autocorrelation shows the relationship between Akis Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Akis Gayrimenkul Yatirim.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akis Gayrimenkul in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akis Gayrimenkul's short interest history, or implied volatility extrapolated from Akis Gayrimenkul options trading.
Pair Trading with Akis Gayrimenkul
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akis Gayrimenkul position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akis Gayrimenkul will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Akis Gayrimenkul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akis Gayrimenkul when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akis Gayrimenkul - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akis Gayrimenkul Yatirim to buy it.
The correlation of Akis Gayrimenkul is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akis Gayrimenkul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akis Gayrimenkul Yatirim moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akis Gayrimenkul can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Akis Gayrimenkul Correlation, Akis Gayrimenkul Volatility and Akis Gayrimenkul Alpha and Beta module to complement your research on Akis Gayrimenkul. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Akis Stock analysis
When running Akis Gayrimenkul's price analysis, check to measure Akis Gayrimenkul'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 Akis Gayrimenkul is operating at the current time. Most of Akis Gayrimenkul's value examination focuses on studying past and present price action to predict the probability of Akis Gayrimenkul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akis Gayrimenkul's price. Additionally, you may evaluate how the addition of Akis Gayrimenkul to your portfolios can decrease your overall portfolio volatility.
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Akis Gayrimenkul technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.