Mackolik Internet (Turkey) Market Value
| MACKO Stock | 88.50 1.95 2.25% |
| Symbol | Mackolik |
Mackolik Internet '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 Mackolik Internet'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 Mackolik Internet.
| 05/07/2024 |
| 07/06/2024 |
If you would invest 0.00 in Mackolik Internet on May 7, 2024 and sell it all today you would earn a total of 0.00 from holding Mackolik Internet Hizmetleri or generate 0.0% return on investment in Mackolik Internet over 60 days. Mackolik Internet is related to or competes with Birlik Mensucat, Cuhadaroglu Metal, Turkiye Vakiflar, Prizma Pres, Yesil Yapi, Sanica Isi, and Osmanli Menkul. More
Mackolik Internet 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 Mackolik Internet'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 Mackolik Internet Hizmetleri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.1499 | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 6.62 |
Mackolik Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackolik Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mackolik Internet's standard deviation. In reality, there are many statistical measures that can use Mackolik Internet historical prices to predict the future Mackolik Internet's volatility.| Risk Adjusted Performance | 0.1012 | |||
| Jensen Alpha | 0.4937 | |||
| Total Risk Alpha | 0.6031 | |||
| Sortino Ratio | 0.1551 | |||
| Treynor Ratio | (0.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mackolik Internet'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.
Mackolik Internet Backtested Returns
Mackolik Internet appears to be very steady, given 3 months investment horizon. Mackolik Internet has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mackolik Internet, which you can use to evaluate the volatility of the firm. Please exercise Mackolik Internet's Downside Deviation of 3.36, risk adjusted performance of 0.1012, and Mean Deviation of 2.56 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mackolik Internet holds a performance score of 9. The company secures a Beta (Market Risk) of -0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mackolik Internet are expected to decrease at a much lower rate. During the bear market, Mackolik Internet is likely to outperform the market. Please check Mackolik Internet's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Mackolik Internet's current price movements will revert.
Auto-correlation | 0.20 |
Weak predictability
Mackolik Internet Hizmetleri has weak predictability. Overlapping area represents the amount of predictability between Mackolik Internet time series from 7th of May 2024 to 6th of June 2024 and 6th of June 2024 to 6th of July 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 Mackolik Internet price movement. The serial correlation of 0.2 indicates that over 20.0% of current Mackolik Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 10.5 |
Mackolik Internet lagged returns against current returns
Autocorrelation, which is Mackolik Internet 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 Mackolik Internet's stock expected returns. We can calculate the autocorrelation of Mackolik Internet returns to help us make a trade decision. For example, suppose you find that Mackolik Internet 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 |
Mackolik Internet 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 Mackolik Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mackolik Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mackolik Internet stock over time.
Current vs Lagged Prices |
| Timeline |
Mackolik Internet Lagged Returns
When evaluating Mackolik Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mackolik Internet stock have on its future price. Mackolik Internet 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, Mackolik Internet autocorrelation shows the relationship between Mackolik Internet stock current value and its past values and can show if there is a momentum factor associated with investing in Mackolik Internet Hizmetleri.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Mackolik Stock
Mackolik Internet financial ratios help investors to determine whether Mackolik Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mackolik with respect to the benefits of owning Mackolik Internet security.