AK Sigorta (Turkey) Market Value
| AKGRT Stock | TRY 7.23 0.31 4.48% |
| Symbol | AKGRT |
AK Sigorta '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 AK Sigorta'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 AK Sigorta.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in AK Sigorta on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding AK Sigorta AS or generate 0.0% return on investment in AK Sigorta over 30 days. AK Sigorta is related to or competes with Aksa Akrilik, Tofas Turk, and . Aksigorta A.S. provides various non-life insurance products and services to retail and corporate customers in Turkey More
AK Sigorta 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 AK Sigorta'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 AK Sigorta AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.1429 | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 4.94 |
AK Sigorta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AK Sigorta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AK Sigorta's standard deviation. In reality, there are many statistical measures that can use AK Sigorta historical prices to predict the future AK Sigorta's volatility.| Risk Adjusted Performance | 0.1309 | |||
| Jensen Alpha | 0.377 | |||
| Total Risk Alpha | 0.3143 | |||
| Sortino Ratio | 0.1881 | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AK Sigorta'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.
AK Sigorta AS Backtested Returns
AK Sigorta appears to be somewhat reliable, given 3 months investment horizon. AK Sigorta AS retains Efficiency (Sharpe Ratio) of 0.2, which signifies that the company had a 0.2% return per unit of price deviation over the last 3 months. By evaluating AK Sigorta's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of AK Sigorta's Standard Deviation of 2.54, coefficient of variation of 642.75, and Market Risk Adjusted Performance of 1.07 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AK Sigorta holds a performance score of 15. The firm owns a Beta (Systematic Risk) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AK Sigorta's returns are expected to increase less than the market. However, during the bear market, the loss of holding AK Sigorta is expected to be smaller as well. Please check AK Sigorta's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether AK Sigorta's current price history will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
AK Sigorta AS has poor reverse predictability. Overlapping area represents the amount of predictability between AK Sigorta time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th of December 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 AK Sigorta AS price movement. The serial correlation of -0.36 indicates that just about 36.0% of current AK Sigorta price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AK Sigorta AS lagged returns against current returns
Autocorrelation, which is AK Sigorta 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 AK Sigorta's stock expected returns. We can calculate the autocorrelation of AK Sigorta returns to help us make a trade decision. For example, suppose you find that AK Sigorta 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 |
AK Sigorta 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 AK Sigorta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AK Sigorta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AK Sigorta stock over time.
Current vs Lagged Prices |
| Timeline |
AK Sigorta Lagged Returns
When evaluating AK Sigorta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AK Sigorta stock have on its future price. AK Sigorta 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, AK Sigorta autocorrelation shows the relationship between AK Sigorta stock current value and its past values and can show if there is a momentum factor associated with investing in AK Sigorta AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in AKGRT Stock
AK Sigorta financial ratios help investors to determine whether AKGRT 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 AKGRT with respect to the benefits of owning AK Sigorta security.