Desa Deri (Turkey) Market Value
| DESA Stock | TRY 8.76 0.06 0.69% |
| Symbol | Desa |
Desa Deri '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 Desa Deri'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 Desa Deri.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Desa Deri on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Desa Deri Sanayi or generate 0.0% return on investment in Desa Deri over 720 days. Desa Deri is related to or competes with Cuhadaroglu Metal, Bms Birlesik, Politeknik Metal, CEO Event, and Trabzonspor Sportif. Desa Deri Sanayi ve Ticaret A.S. manufactures, imports, and export, and sells leather and leather products primarily in ... More
Desa Deri 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 Desa Deri'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 Desa Deri Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.48 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.48 |
Desa Deri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desa Deri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desa Deri's standard deviation. In reality, there are many statistical measures that can use Desa Deri historical prices to predict the future Desa Deri's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.01) |
Desa Deri Sanayi Backtested Returns
Desa Deri Sanayi secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16 % return per unit of risk over the last 3 months. Desa Deri Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Desa Deri's Variance of 2.3, mean deviation of 1.2, and Standard Deviation of 1.52 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Desa Deri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Desa Deri is expected to be smaller as well. At this point, Desa Deri Sanayi has a negative expected return of -0.25%. Please make sure to confirm Desa Deri's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Desa Deri Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Desa Deri Sanayi has excellent reverse predictability. Overlapping area represents the amount of predictability between Desa Deri time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Desa Deri Sanayi price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Desa Deri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 4.09 |
Desa Deri Sanayi lagged returns against current returns
Autocorrelation, which is Desa Deri 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 Desa Deri's stock expected returns. We can calculate the autocorrelation of Desa Deri returns to help us make a trade decision. For example, suppose you find that Desa Deri 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 |
Desa Deri 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 Desa Deri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desa Deri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Desa Deri stock over time.
Current vs Lagged Prices |
| Timeline |
Desa Deri Lagged Returns
When evaluating Desa Deri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Desa Deri stock have on its future price. Desa Deri 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, Desa Deri autocorrelation shows the relationship between Desa Deri stock current value and its past values and can show if there is a momentum factor associated with investing in Desa Deri Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Desa Stock Analysis
When running Desa Deri's price analysis, check to measure Desa Deri'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 Desa Deri is operating at the current time. Most of Desa Deri's value examination focuses on studying past and present price action to predict the probability of Desa Deri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desa Deri's price. Additionally, you may evaluate how the addition of Desa Deri to your portfolios can decrease your overall portfolio volatility.