Bossa Ticaret (Turkey) Market Value
| BOSSA Stock | TRY 15.19 0.14 0.93% |
| Symbol | Bossa |
Bossa Ticaret '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 Bossa Ticaret'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 Bossa Ticaret.
| 05/28/2022 |
| 05/17/2024 |
If you would invest 0.00 in Bossa Ticaret on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding Bossa Ticaret ve or generate 0.0% return on investment in Bossa Ticaret over 720 days. Bossa Ticaret is related to or competes with BIM Birlesik, Haci Omer, AG Anadolu, Sok Marketler, Migros Ticaret, Turk Telekomunikasyon, and Turkish Airlines. Bossa Ticaret ve Sanayi Isletmeleri T.A.S More
Bossa Ticaret 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 Bossa Ticaret'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 Bossa Ticaret ve upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.98 | |||
| Information Ratio | 0.1422 | |||
| Maximum Drawdown | 14.97 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 9.91 |
Bossa Ticaret Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bossa Ticaret's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bossa Ticaret's standard deviation. In reality, there are many statistical measures that can use Bossa Ticaret historical prices to predict the future Bossa Ticaret's volatility.| Risk Adjusted Performance | 0.111 | |||
| Jensen Alpha | 0.53 | |||
| Total Risk Alpha | 0.0132 | |||
| Sortino Ratio | 0.1718 | |||
| Treynor Ratio | 0.7477 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bossa Ticaret'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.
Bossa Ticaret ve Backtested Returns
Bossa Ticaret appears to be not too volatile, given 3 months investment horizon. Bossa Ticaret ve secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Bossa Ticaret's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Bossa Ticaret's Downside Deviation of 2.98, risk adjusted performance of 0.111, and Mean Deviation of 2.64 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bossa Ticaret holds a performance score of 11. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bossa Ticaret's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bossa Ticaret is expected to be smaller as well. Please check Bossa Ticaret's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Bossa Ticaret's price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Bossa Ticaret ve has very weak predictability. Overlapping area represents the amount of predictability between Bossa Ticaret time series from 28th of May 2022 to 23rd of May 2023 and 23rd of May 2023 to 17th of May 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 Bossa Ticaret ve price movement. The serial correlation of 0.17 indicates that over 17.0% of current Bossa Ticaret price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 3.3 |
Bossa Ticaret ve lagged returns against current returns
Autocorrelation, which is Bossa Ticaret 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 Bossa Ticaret's stock expected returns. We can calculate the autocorrelation of Bossa Ticaret returns to help us make a trade decision. For example, suppose you find that Bossa Ticaret 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 |
Bossa Ticaret 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 Bossa Ticaret stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bossa Ticaret stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bossa Ticaret stock over time.
Current vs Lagged Prices |
| Timeline |
Bossa Ticaret Lagged Returns
When evaluating Bossa Ticaret's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bossa Ticaret stock have on its future price. Bossa Ticaret 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, Bossa Ticaret autocorrelation shows the relationship between Bossa Ticaret stock current value and its past values and can show if there is a momentum factor associated with investing in Bossa Ticaret ve.
Regressed Prices |
| Timeline |
Pair Trading with Bossa Ticaret
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 Bossa Ticaret 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 Bossa Ticaret will appreciate offsetting losses from the drop in the long position's value.Moving together with Bossa Stock
| 0.81 | SASA | SASA Polyester Sanayi | PairCorr |
| 0.61 | KCHOL | Koc Holding AS | PairCorr |
The ability to find closely correlated positions to Bossa Ticaret could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bossa Ticaret 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 Bossa Ticaret - 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 Bossa Ticaret ve to buy it.
The correlation of Bossa Ticaret 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 Bossa Ticaret moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bossa Ticaret ve 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 Bossa Ticaret 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 Bossa Ticaret Correlation, Bossa Ticaret Volatility and Bossa Ticaret Alpha and Beta module to complement your research on Bossa Ticaret. Note that the Bossa Ticaret ve information on this page should be used as a complementary analysis to other Bossa Ticaret's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Bossa Stock analysis
When running Bossa Ticaret's price analysis, check to measure Bossa Ticaret'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 Bossa Ticaret is operating at the current time. Most of Bossa Ticaret's value examination focuses on studying past and present price action to predict the probability of Bossa Ticaret's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bossa Ticaret's price. Additionally, you may evaluate how the addition of Bossa Ticaret to your portfolios can decrease your overall portfolio volatility.
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Bossa Ticaret 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.