Bera Holding (Turkey) Market Value
| BERA Stock | TRY 14.83 0.11 0.74% |
| Symbol | Bera |
Bera Holding '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 Bera Holding'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 Bera Holding.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Bera Holding on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Bera Holding AS or generate 0.0% return on investment in Bera Holding over 720 days. Bera Holding is related to or competes with Gubre Fabrikalari, Deva Holding, Dogus Otomotiv, Tekfen Holding, and Aksa Enerji. Bera Holding A.S. operates in the paper and cardboard, machinery, oil, construction and building materials, marble, text... More
Bera Holding 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 Bera Holding'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 Bera Holding AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.86 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 3.47 |
Bera Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bera Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bera Holding's standard deviation. In reality, there are many statistical measures that can use Bera Holding historical prices to predict the future Bera Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.17) |
Bera Holding AS Backtested Returns
Bera Holding AS secures Sharpe Ratio (or Efficiency) of -0.0161, which signifies that the company had a -0.0161% return per unit of risk over the last 3 months. Bera Holding AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bera Holding's Mean Deviation of 1.91, standard deviation of 2.45, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bera Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bera Holding is expected to be smaller as well. At this point, Bera Holding AS has a negative expected return of -0.0398%. Please make sure to confirm Bera Holding's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Bera Holding AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Bera Holding AS has modest reverse predictability. Overlapping area represents the amount of predictability between Bera Holding time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Bera Holding AS price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Bera Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 7.03 |
Bera Holding AS lagged returns against current returns
Autocorrelation, which is Bera Holding 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 Bera Holding's stock expected returns. We can calculate the autocorrelation of Bera Holding returns to help us make a trade decision. For example, suppose you find that Bera Holding 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 |
Bera Holding 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 Bera Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bera Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bera Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bera Holding Lagged Returns
When evaluating Bera Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bera Holding stock have on its future price. Bera Holding 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, Bera Holding autocorrelation shows the relationship between Bera Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bera Holding AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bera Stock Analysis
When running Bera Holding's price analysis, check to measure Bera Holding'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 Bera Holding is operating at the current time. Most of Bera Holding's value examination focuses on studying past and present price action to predict the probability of Bera Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bera Holding's price. Additionally, you may evaluate how the addition of Bera Holding to your portfolios can decrease your overall portfolio volatility.