Burcelik Vana (Turkey) Market Value
| BURVA Stock | TRY 108.50 1.50 1.36% |
| Symbol | Burcelik |
Burcelik Vana '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 Burcelik Vana'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 Burcelik Vana.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Burcelik Vana on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Burcelik Vana Sanayi or generate 0.0% return on investment in Burcelik Vana over 30 days. Burcelik Vana is related to or competes with Bms Birlesik, Gentas Genel, Cuhadaroglu Metal, Sodas Sodyum, and Politeknik Metal. Burelik Vana Sanayi Ve Ticaret A.S. engages in steel casting, and machinery and valve manufacturing businesses in Turkey... More
Burcelik Vana 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 Burcelik Vana'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 Burcelik Vana Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.77 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 6.08 |
Burcelik Vana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Burcelik Vana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Burcelik Vana's standard deviation. In reality, there are many statistical measures that can use Burcelik Vana historical prices to predict the future Burcelik Vana's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.45) |
Burcelik Vana Sanayi Backtested Returns
Burcelik Vana Sanayi secures Sharpe Ratio (or Efficiency) of -0.0658, which signifies that the company had a -0.0658% return per unit of risk over the last 3 months. Burcelik Vana Sanayi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Burcelik Vana's Standard Deviation of 3.23, mean deviation of 2.45, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Burcelik Vana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Burcelik Vana is expected to be smaller as well. At this point, Burcelik Vana Sanayi has a negative expected return of -0.21%. Please make sure to confirm Burcelik Vana's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Burcelik Vana Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.92 |
Excellent predictability
Burcelik Vana Sanayi has excellent predictability. Overlapping area represents the amount of predictability between Burcelik Vana time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Burcelik Vana Sanayi price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Burcelik Vana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 10.47 |
Burcelik Vana Sanayi lagged returns against current returns
Autocorrelation, which is Burcelik Vana 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 Burcelik Vana's stock expected returns. We can calculate the autocorrelation of Burcelik Vana returns to help us make a trade decision. For example, suppose you find that Burcelik Vana 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 |
Burcelik Vana 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 Burcelik Vana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Burcelik Vana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Burcelik Vana stock over time.
Current vs Lagged Prices |
| Timeline |
Burcelik Vana Lagged Returns
When evaluating Burcelik Vana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Burcelik Vana stock have on its future price. Burcelik Vana 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, Burcelik Vana autocorrelation shows the relationship between Burcelik Vana stock current value and its past values and can show if there is a momentum factor associated with investing in Burcelik Vana Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Burcelik Stock
Burcelik Vana financial ratios help investors to determine whether Burcelik 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 Burcelik with respect to the benefits of owning Burcelik Vana security.