Sok Marketler (Turkey) Market Value
| SOKM Stock | 66.00 2.85 4.14% |
| Symbol | Sok |
Sok Marketler '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 Sok Marketler'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 Sok Marketler.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Sok Marketler on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Sok Marketler Ticaret or generate 0.0% return on investment in Sok Marketler over 90 days. Sok Marketler is related to or competes with BIM Birlesik, Migros Ticaret, Turk Telekomunikasyon, Tofas Turk, and Turkcell Iletisim. More
Sok Marketler 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 Sok Marketler'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 Sok Marketler Ticaret upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.81 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.48 |
Sok Marketler Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sok Marketler's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sok Marketler's standard deviation. In reality, there are many statistical measures that can use Sok Marketler historical prices to predict the future Sok Marketler's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.3033 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sok Marketler'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.
Sok Marketler Ticaret Backtested Returns
Sok Marketler Ticaret owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0332, which indicates the firm had a -0.0332% return per unit of risk over the last 3 months. Sok Marketler Ticaret exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sok Marketler's Coefficient Of Variation of (3,016), variance of 5.83, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sok Marketler are expected to decrease at a much lower rate. During the bear market, Sok Marketler is likely to outperform the market. Sok Marketler Ticaret has an expected return of -0.08%. Please make sure to validate Sok Marketler treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Sok Marketler Ticaret performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Sok Marketler Ticaret has good reverse predictability. Overlapping area represents the amount of predictability between Sok Marketler time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Sok Marketler Ticaret price movement. The serial correlation of -0.53 indicates that about 53.0% of current Sok Marketler price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 13.51 |
Sok Marketler Ticaret lagged returns against current returns
Autocorrelation, which is Sok Marketler 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 Sok Marketler's stock expected returns. We can calculate the autocorrelation of Sok Marketler returns to help us make a trade decision. For example, suppose you find that Sok Marketler 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 |
Sok Marketler 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 Sok Marketler stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sok Marketler stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sok Marketler stock over time.
Current vs Lagged Prices |
| Timeline |
Sok Marketler Lagged Returns
When evaluating Sok Marketler's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sok Marketler stock have on its future price. Sok Marketler 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, Sok Marketler autocorrelation shows the relationship between Sok Marketler stock current value and its past values and can show if there is a momentum factor associated with investing in Sok Marketler Ticaret.
Regressed Prices |
| Timeline |
Pair Trading with Sok Marketler
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 Sok Marketler 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 Sok Marketler will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sok Marketler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sok Marketler 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 Sok Marketler - 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 Sok Marketler Ticaret to buy it.
The correlation of Sok Marketler 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 Sok Marketler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sok Marketler Ticaret 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 Sok Marketler 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 Sok Marketler Correlation, Sok Marketler Volatility and Sok Marketler Alpha and Beta module to complement your research on Sok Marketler. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Sok Stock analysis
When running Sok Marketler's price analysis, check to measure Sok Marketler'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 Sok Marketler is operating at the current time. Most of Sok Marketler's value examination focuses on studying past and present price action to predict the probability of Sok Marketler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sok Marketler's price. Additionally, you may evaluate how the addition of Sok Marketler to your portfolios can decrease your overall portfolio volatility.
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Sok Marketler 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.