Bursa Cimento (Turkey) Market Value
| BUCIM Stock | TRY 8.12 0.06 0.73% |
| Symbol | Bursa |
Bursa Cimento '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 Bursa Cimento'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 Bursa Cimento.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Bursa Cimento on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bursa Cimento Fabrikasi or generate 0.0% return on investment in Bursa Cimento over 30 days. Bursa Cimento is related to or competes with Ege Endustri, Bosch Fren, Dogus Otomotiv, Nuh Cimento, Federal Mogul, Iskenderun Demir, and Turk Tuborg. Bursa imento Fabrikasi A.S. produces and sells cement and clinker products in Turkey More
Bursa Cimento 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 Bursa Cimento'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 Bursa Cimento Fabrikasi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0428 | |||
| Maximum Drawdown | 14.89 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 4.07 |
Bursa Cimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bursa Cimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bursa Cimento's standard deviation. In reality, there are many statistical measures that can use Bursa Cimento historical prices to predict the future Bursa Cimento's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.1179 | |||
| Total Risk Alpha | 0.0572 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.4873 |
Bursa Cimento Fabrikasi Backtested Returns
Bursa Cimento is somewhat reliable at the moment. Bursa Cimento Fabrikasi secures Sharpe Ratio (or Efficiency) of 0.0564, which signifies that the company had a 0.0564% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bursa Cimento Fabrikasi, which you can use to evaluate the volatility of the firm. Please confirm Bursa Cimento's Mean Deviation of 1.69, downside deviation of 2.01, and Risk Adjusted Performance of 0.0514 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Bursa Cimento has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bursa Cimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bursa Cimento is expected to be smaller as well. Bursa Cimento Fabrikasi right now shows a risk of 2.4%. Please confirm Bursa Cimento Fabrikasi treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Bursa Cimento Fabrikasi will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Bursa Cimento Fabrikasi has good reverse predictability. Overlapping area represents the amount of predictability between Bursa Cimento time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 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 Bursa Cimento Fabrikasi price movement. The serial correlation of -0.51 indicates that about 51.0% of current Bursa Cimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Bursa Cimento Fabrikasi lagged returns against current returns
Autocorrelation, which is Bursa Cimento 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 Bursa Cimento's stock expected returns. We can calculate the autocorrelation of Bursa Cimento returns to help us make a trade decision. For example, suppose you find that Bursa Cimento 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 |
Bursa Cimento 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 Bursa Cimento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bursa Cimento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bursa Cimento stock over time.
Current vs Lagged Prices |
| Timeline |
Bursa Cimento Lagged Returns
When evaluating Bursa Cimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bursa Cimento stock have on its future price. Bursa Cimento 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, Bursa Cimento autocorrelation shows the relationship between Bursa Cimento stock current value and its past values and can show if there is a momentum factor associated with investing in Bursa Cimento Fabrikasi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bursa Stock
Bursa Cimento financial ratios help investors to determine whether Bursa 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 Bursa with respect to the benefits of owning Bursa Cimento security.