Casa Emtia (Turkey) Market Value
| CASA Stock | TRY 69.00 0.80 1.15% |
| Symbol | Casa |
Casa Emtia '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 Casa Emtia'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 Casa Emtia.
| 12/28/2024 |
| 03/28/2025 |
If you would invest 0.00 in Casa Emtia on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Casa Emtia Petrol or generate 0.0% return on investment in Casa Emtia over 90 days. Casa Emtia is related to or competes with Politeknik Metal, Akbank TAS, CEO Event, and Cuhadaroglu Metal. It also engages in the buying and selling of real estate properties More
Casa Emtia 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 Casa Emtia'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 Casa Emtia Petrol upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.91 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.41 |
Casa Emtia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Casa Emtia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Casa Emtia's standard deviation. In reality, there are many statistical measures that can use Casa Emtia historical prices to predict the future Casa Emtia's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.90) |
Casa Emtia Petrol Backtested Returns
Casa Emtia Petrol secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15 % return per unit of risk over the last 3 months. Casa Emtia Petrol exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Casa Emtia's Mean Deviation of 1.45, standard deviation of 2.12, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Casa Emtia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Casa Emtia is expected to be smaller as well. At this point, Casa Emtia Petrol has a negative expected return of -0.31%. Please make sure to confirm Casa Emtia's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Casa Emtia Petrol performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Casa Emtia Petrol has good predictability. Overlapping area represents the amount of predictability between Casa Emtia time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th of March 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 Casa Emtia Petrol price movement. The serial correlation of 0.79 indicates that around 79.0% of current Casa Emtia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 11.66 |
Casa Emtia Petrol lagged returns against current returns
Autocorrelation, which is Casa Emtia 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 Casa Emtia's stock expected returns. We can calculate the autocorrelation of Casa Emtia returns to help us make a trade decision. For example, suppose you find that Casa Emtia 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 |
Casa Emtia 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 Casa Emtia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Casa Emtia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Casa Emtia stock over time.
Current vs Lagged Prices |
| Timeline |
Casa Emtia Lagged Returns
When evaluating Casa Emtia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Casa Emtia stock have on its future price. Casa Emtia 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, Casa Emtia autocorrelation shows the relationship between Casa Emtia stock current value and its past values and can show if there is a momentum factor associated with investing in Casa Emtia Petrol.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Casa Stock Analysis
When running Casa Emtia's price analysis, check to measure Casa Emtia'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 Casa Emtia is operating at the current time. Most of Casa Emtia's value examination focuses on studying past and present price action to predict the probability of Casa Emtia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casa Emtia's price. Additionally, you may evaluate how the addition of Casa Emtia to your portfolios can decrease your overall portfolio volatility.