Alves Kablo (Turkey) Market Value
| ALVES Stock | 33.28 0.64 1.96% |
| Symbol | Alves |
Alves Kablo '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 Alves Kablo'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 Alves Kablo.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Alves Kablo on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Alves Kablo San or generate 0.0% return on investment in Alves Kablo over 720 days.
Alves Kablo 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 Alves Kablo'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 Alves Kablo San upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 14.3 | |||
| Value At Risk | (7.68) | |||
| Potential Upside | 3.91 |
Alves Kablo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alves Kablo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alves Kablo's standard deviation. In reality, there are many statistical measures that can use Alves Kablo historical prices to predict the future Alves Kablo's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alves Kablo'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.
Alves Kablo San Backtested Returns
Alves Kablo San secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Alves Kablo San exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alves Kablo's Risk Adjusted Performance of (0.12), mean deviation of 2.37, and Standard Deviation of 3.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alves Kablo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alves Kablo is expected to be smaller as well. At this point, Alves Kablo San has a negative expected return of -0.56%. Please make sure to confirm Alves Kablo's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Alves Kablo San performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Alves Kablo San has no correlation between past and present. Overlapping area represents the amount of predictability between Alves Kablo time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Alves Kablo San price movement. The serial correlation of 0.0 indicates that just 0.0% of current Alves Kablo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alves Kablo San lagged returns against current returns
Autocorrelation, which is Alves Kablo 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 Alves Kablo's stock expected returns. We can calculate the autocorrelation of Alves Kablo returns to help us make a trade decision. For example, suppose you find that Alves Kablo 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 |
Alves Kablo 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 Alves Kablo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alves Kablo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alves Kablo stock over time.
Current vs Lagged Prices |
| Timeline |
Alves Kablo Lagged Returns
When evaluating Alves Kablo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alves Kablo stock have on its future price. Alves Kablo 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, Alves Kablo autocorrelation shows the relationship between Alves Kablo stock current value and its past values and can show if there is a momentum factor associated with investing in Alves Kablo San.
Regressed Prices |
| Timeline |