Ayes Celik (Turkey) Market Value
| AYES Stock | TRY 8.30 0.10 1.19% |
| Symbol | Ayes |
Ayes Celik '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 Ayes Celik'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 Ayes Celik.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Ayes Celik on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Ayes Celik Hasir or generate 0.0% return on investment in Ayes Celik over 720 days. Ayes Celik is related to or competes with ICBC Turkey, Bms Birlesik, Koza Anadolu, Gentas Genel, Cuhadaroglu Metal, Akbank TAS, and Mackolik Internet. Ayes Celik Hasir Ve Cit Sanayi A.S. manufactures and sells wire meshes in Turkey More
Ayes Celik 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 Ayes Celik'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 Ayes Celik Hasir upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.3 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 5.81 |
Ayes Celik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ayes Celik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ayes Celik's standard deviation. In reality, there are many statistical measures that can use Ayes Celik historical prices to predict the future Ayes Celik's volatility.| Risk Adjusted Performance | 0.0223 | |||
| Jensen Alpha | 0.1189 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.08) |
Ayes Celik Hasir Backtested Returns
Ayes Celik Hasir secures Sharpe Ratio (or Efficiency) of -0.0282, which signifies that the company had a -0.0282% return per unit of standard deviation over the last 3 months. Ayes Celik Hasir exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ayes Celik's mean deviation of 2.09, and Risk Adjusted Performance of 0.0223 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ayes Celik are expected to decrease at a much lower rate. During the bear market, Ayes Celik is likely to outperform the market. At this point, Ayes Celik Hasir has a negative expected return of -0.0766%. Please make sure to confirm Ayes Celik's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Ayes Celik Hasir performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Ayes Celik Hasir has virtually no predictability. Overlapping area represents the amount of predictability between Ayes Celik time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Ayes Celik Hasir price movement. The serial correlation of 0.03 indicates that only 3.0% of current Ayes Celik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
Ayes Celik Hasir lagged returns against current returns
Autocorrelation, which is Ayes Celik 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 Ayes Celik's stock expected returns. We can calculate the autocorrelation of Ayes Celik returns to help us make a trade decision. For example, suppose you find that Ayes Celik 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 |
Ayes Celik 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 Ayes Celik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ayes Celik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ayes Celik stock over time.
Current vs Lagged Prices |
| Timeline |
Ayes Celik Lagged Returns
When evaluating Ayes Celik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ayes Celik stock have on its future price. Ayes Celik 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, Ayes Celik autocorrelation shows the relationship between Ayes Celik stock current value and its past values and can show if there is a momentum factor associated with investing in Ayes Celik Hasir.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ayes Stock Analysis
When running Ayes Celik's price analysis, check to measure Ayes Celik'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 Ayes Celik is operating at the current time. Most of Ayes Celik's value examination focuses on studying past and present price action to predict the probability of Ayes Celik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ayes Celik's price. Additionally, you may evaluate how the addition of Ayes Celik to your portfolios can decrease your overall portfolio volatility.