Borlease Otomotiv (Turkey) Market Value
| BORLS Stock | 82.90 1.45 1.78% |
| Symbol | Borlease |
Borlease Otomotiv '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 Borlease Otomotiv'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 Borlease Otomotiv.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Borlease Otomotiv on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Borlease Otomotiv AS or generate 0.0% return on investment in Borlease Otomotiv over 720 days.
Borlease Otomotiv 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 Borlease Otomotiv'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 Borlease Otomotiv AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.3738 | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 4.28 |
Borlease Otomotiv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Borlease Otomotiv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Borlease Otomotiv's standard deviation. In reality, there are many statistical measures that can use Borlease Otomotiv historical prices to predict the future Borlease Otomotiv's volatility.| Risk Adjusted Performance | 0.2751 | |||
| Jensen Alpha | 0.804 | |||
| Total Risk Alpha | 0.8004 | |||
| Sortino Ratio | 0.3849 | |||
| Treynor Ratio | (3.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Borlease Otomotiv'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.
Borlease Otomotiv Backtested Returns
Borlease Otomotiv appears to be very steady, given 3 months investment horizon. Borlease Otomotiv secures Sharpe Ratio (or Efficiency) of 0.4, which signifies that the company had a 0.4 % return per unit of risk over the last 3 months. By analyzing Borlease Otomotiv's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please makes use of Borlease Otomotiv's Downside Deviation of 2.09, mean deviation of 1.73, and Risk Adjusted Performance of 0.2751 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Borlease Otomotiv holds a performance score of 31. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Borlease Otomotiv are expected to decrease at a much lower rate. During the bear market, Borlease Otomotiv is likely to outperform the market. Please check Borlease Otomotiv's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Borlease Otomotiv's price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Borlease Otomotiv AS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Borlease Otomotiv time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Borlease Otomotiv price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Borlease Otomotiv price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 3.47 |
Borlease Otomotiv lagged returns against current returns
Autocorrelation, which is Borlease Otomotiv 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 Borlease Otomotiv's stock expected returns. We can calculate the autocorrelation of Borlease Otomotiv returns to help us make a trade decision. For example, suppose you find that Borlease Otomotiv 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 |
Borlease Otomotiv 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 Borlease Otomotiv stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Borlease Otomotiv stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Borlease Otomotiv stock over time.
Current vs Lagged Prices |
| Timeline |
Borlease Otomotiv Lagged Returns
When evaluating Borlease Otomotiv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Borlease Otomotiv stock have on its future price. Borlease Otomotiv 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, Borlease Otomotiv autocorrelation shows the relationship between Borlease Otomotiv stock current value and its past values and can show if there is a momentum factor associated with investing in Borlease Otomotiv AS.
Regressed Prices |
| Timeline |