Katmerciler Arac (Turkey) Market Value
| KATMR Stock | TRY 2.32 0.05 2.20% |
| Symbol | Katmerciler |
Katmerciler Arac '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 Katmerciler Arac'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 Katmerciler Arac.
| 05/21/2023 |
| 05/15/2024 |
If you would invest 0.00 in Katmerciler Arac on May 21, 2023 and sell it all today you would earn a total of 0.00 from holding Katmerciler Arac Ustu or generate 0.0% return on investment in Katmerciler Arac over 360 days. Katmerciler Arac is related to or competes with Eregli Demir, Turkiye Petrol, and Ford Otomotiv. Katmerciler Arac st Ekipman Sanayi ve Ticaret A.S More
Katmerciler Arac 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 Katmerciler Arac'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 Katmerciler Arac Ustu upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.37 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 4.35 |
Katmerciler Arac Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Katmerciler Arac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Katmerciler Arac's standard deviation. In reality, there are many statistical measures that can use Katmerciler Arac historical prices to predict the future Katmerciler Arac's volatility.| Risk Adjusted Performance | 0.0031 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.1006 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Katmerciler Arac'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.
Katmerciler Arac Ustu Backtested Returns
Katmerciler Arac Ustu has Sharpe Ratio of -0.0986, which conveys that the firm had a -0.0986% return per unit of risk over the last 3 months. Katmerciler Arac exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Katmerciler Arac's Risk Adjusted Performance of 0.0031, standard deviation of 2.61, and Mean Deviation of 2.07 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Katmerciler Arac are expected to decrease at a much lower rate. During the bear market, Katmerciler Arac is likely to outperform the market. Katmerciler Arac Ustu has an expected return of -0.24%. Please make sure to verify Katmerciler Arac Ustu treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Katmerciler Arac Ustu performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Katmerciler Arac Ustu has virtually no predictability. Overlapping area represents the amount of predictability between Katmerciler Arac time series from 21st of May 2023 to 17th of November 2023 and 17th of November 2023 to 15th 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 Katmerciler Arac Ustu price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Katmerciler Arac price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Katmerciler Arac Ustu lagged returns against current returns
Autocorrelation, which is Katmerciler Arac 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 Katmerciler Arac's stock expected returns. We can calculate the autocorrelation of Katmerciler Arac returns to help us make a trade decision. For example, suppose you find that Katmerciler Arac 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 |
Katmerciler Arac 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 Katmerciler Arac stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Katmerciler Arac stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Katmerciler Arac stock over time.
Current vs Lagged Prices |
| Timeline |
Katmerciler Arac Lagged Returns
When evaluating Katmerciler Arac's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Katmerciler Arac stock have on its future price. Katmerciler Arac 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, Katmerciler Arac autocorrelation shows the relationship between Katmerciler Arac stock current value and its past values and can show if there is a momentum factor associated with investing in Katmerciler Arac Ustu.
Regressed Prices |
| Timeline |
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Complementary Tools for Katmerciler Stock analysis
When running Katmerciler Arac's price analysis, check to measure Katmerciler Arac'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 Katmerciler Arac is operating at the current time. Most of Katmerciler Arac's value examination focuses on studying past and present price action to predict the probability of Katmerciler Arac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Katmerciler Arac's price. Additionally, you may evaluate how the addition of Katmerciler Arac to your portfolios can decrease your overall portfolio volatility.
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Katmerciler Arac 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.