Galatasaray Sportif (Turkey) Volatility
| GSRAY Stock | TRY 8.25 0.16 1.90% |
Galatasaray Sportif appears to be slightly risky, given 3 months investment horizon. Galatasaray Sportif Sinai holds Efficiency (Sharpe) Ratio of 0.0907, which attests that the entity had a 0.0907% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Galatasaray Sportif Sinai, which you can use to evaluate the volatility of the firm. Please utilize Galatasaray Sportif's Downside Deviation of 3.87, risk adjusted performance of 0.058, and Market Risk Adjusted Performance of 1.13 to validate if our risk estimates are consistent with your expectations. Key indicators related to Galatasaray Sportif's volatility include:
150 Days Market Risk | Chance Of Distress | 150 Days Economic Sensitivity |
Galatasaray Sportif Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Galatasaray daily returns, and it is calculated using variance and standard deviation. We also use Galatasaray's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Galatasaray Sportif volatility.
Galatasaray |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Galatasaray Sportif at lower prices. For example, an investor can purchase Galatasaray stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with Galatasaray Stock
| 0.61 | SASA | SASA Polyester Sanayi | PairCorr |
| 0.71 | THYAO | Turkish Airlines | PairCorr |
| 0.7 | KCHOL | Koc Holding AS | PairCorr |
| 0.75 | TUPRS | Turkiye Petrol Rafin | PairCorr |
| 0.64 | QNBFB | Qnb Finansbank AS | PairCorr |
| 0.68 | ASELS | Aselsan Elektronik Sanayi | PairCorr |
Galatasaray Sportif Market Sensitivity And Downside Risk
Galatasaray Sportif's beta coefficient measures the volatility of Galatasaray stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Galatasaray stock's returns against your selected market. In other words, Galatasaray Sportif's beta of 0.29 provides an investor with an approximation of how much risk Galatasaray Sportif stock can potentially add to one of your existing portfolios. Galatasaray Sportif Sinai shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Galatasaray Sportif's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Galatasaray Sportif's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Galatasaray Sportif Sinai Demand TrendCheck current 90 days Galatasaray Sportif correlation with market (NYSE Composite)Galatasaray Beta |
Galatasaray standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 4.37 |
It is essential to understand the difference between upside risk (as represented by Galatasaray Sportif's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Galatasaray Sportif's daily returns or price. Since the actual investment returns on holding a position in galatasaray stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Galatasaray Sportif.
Galatasaray Sportif Sinai Stock Volatility Analysis
Volatility refers to the frequency at which Galatasaray Sportif stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Galatasaray Sportif's price changes. Investors will then calculate the volatility of Galatasaray Sportif's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Galatasaray Sportif's volatility:
Historical Volatility
This type of stock volatility measures Galatasaray Sportif's fluctuations based on previous trends. It's commonly used to predict Galatasaray Sportif's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Galatasaray Sportif's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Galatasaray Sportif's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Galatasaray Sportif Sinai Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Galatasaray Sportif Projected Return Density Against Market
Assuming the 90 days trading horizon Galatasaray Sportif has a beta of 0.2858 . This usually indicates as returns on the market go up, Galatasaray Sportif average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Galatasaray Sportif Sinai will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Galatasaray Sportif or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Galatasaray Sportif's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Galatasaray stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Galatasaray Sportif Sinai has an alpha of 0.3126, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Galatasaray Sportif Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Galatasaray Sportif Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Galatasaray Sportif is 1102.32. The daily returns are distributed with a variance of 19.12 and standard deviation of 4.37. The mean deviation of Galatasaray Sportif Sinai is currently at 3.36. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | 0.31 | |
β | Beta against NYSE Composite | 0.29 | |
σ | Overall volatility | 4.37 | |
Ir | Information ratio | 0.07 |
Galatasaray Sportif Stock Return Volatility
Galatasaray Sportif historical daily return volatility represents how much of Galatasaray Sportif stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 4.3725% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.6324% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Galatasaray Sportif Volatility
Volatility is a rate at which the price of Galatasaray Sportif or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Galatasaray Sportif may increase or decrease. In other words, similar to Galatasaray's beta indicator, it measures the risk of Galatasaray Sportif and helps estimate the fluctuations that may happen in a short period of time. So if prices of Galatasaray Sportif fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S. engages in the commercial, industrial, and investment activities for various sports. Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S. is a subsidiary of Galatasaray Spor Kulubu Derbegi. GALATASARAY SPORTIF operates under Leisure classification in Turkey and is traded on Istanbul Stock Exchange. It employs 628 people.
Galatasaray Sportif's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Galatasaray Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Galatasaray Sportif's price varies over time.
3 ways to utilize Galatasaray Sportif's volatility to invest better
Higher Galatasaray Sportif's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Galatasaray Sportif Sinai stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Galatasaray Sportif Sinai stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Galatasaray Sportif Sinai investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Galatasaray Sportif's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Galatasaray Sportif's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Galatasaray Sportif Investment Opportunity
Galatasaray Sportif Sinai has a volatility of 4.37 and is 6.94 times more volatile than NYSE Composite. 38 percent of all equities and portfolios are less risky than Galatasaray Sportif. You can use Galatasaray Sportif Sinai to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Galatasaray Sportif to be traded at 8.0 in 90 days.Significant diversification
The correlation between Galatasaray Sportif Sinai and NYA is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Galatasaray Sportif Sinai and NYA in the same portfolio, assuming nothing else is changed.
Galatasaray Sportif Additional Risk Indicators
The analysis of Galatasaray Sportif's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Galatasaray Sportif's investment and either accepting that risk or mitigating it. Along with some common measures of Galatasaray Sportif stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.058 | |||
| Market Risk Adjusted Performance | 1.13 | |||
| Mean Deviation | 3.16 | |||
| Semi Deviation | 3.54 | |||
| Downside Deviation | 3.87 | |||
| Coefficient Of Variation | 1263.89 | |||
| Standard Deviation | 4.17 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Galatasaray Sportif Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Galatasaray Sportif as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Galatasaray Sportif's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Galatasaray Sportif's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Galatasaray Sportif Sinai.
Complementary Tools for Galatasaray Stock analysis
When running Galatasaray Sportif's price analysis, check to measure Galatasaray Sportif'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 Galatasaray Sportif is operating at the current time. Most of Galatasaray Sportif's value examination focuses on studying past and present price action to predict the probability of Galatasaray Sportif's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galatasaray Sportif's price. Additionally, you may evaluate how the addition of Galatasaray Sportif to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |