EIS Eczacibasi (Turkey) Market Value
| ECILC Stock | TRY 45.24 0.96 2.17% |
| Symbol | EIS |
EIS Eczacibasi '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 EIS Eczacibasi'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 EIS Eczacibasi.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in EIS Eczacibasi on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding EIS Eczacibasi Ilac or generate 0.0% return on investment in EIS Eczacibasi over 90 days. EIS Eczacibasi is related to or competes with Petkim Petrokimya, Tekfen Holding, Alarko Holding, Tofas Turk, and Arcelik AS. EIS Eczacibasi Ila, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S., together with subsidiaries, operates in health ... More
EIS Eczacibasi 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 EIS Eczacibasi'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 EIS Eczacibasi Ilac upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0229 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.43 |
EIS Eczacibasi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EIS Eczacibasi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EIS Eczacibasi's standard deviation. In reality, there are many statistical measures that can use EIS Eczacibasi historical prices to predict the future EIS Eczacibasi's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.1677 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EIS Eczacibasi'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.
EIS Eczacibasi Ilac Backtested Returns
EIS Eczacibasi Ilac secures Sharpe Ratio (or Efficiency) of -0.0613, which denotes the company had a -0.0613 % return per unit of volatility over the last 3 months. EIS Eczacibasi Ilac exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EIS Eczacibasi's Standard Deviation of 1.68, market risk adjusted performance of (0.29), and Mean Deviation of 1.33 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, EIS Eczacibasi's returns are expected to increase less than the market. However, during the bear market, the loss of holding EIS Eczacibasi is expected to be smaller as well. At this point, EIS Eczacibasi Ilac has a negative expected return of -0.11%. Please make sure to confirm EIS Eczacibasi's accumulation distribution, and the relationship between the potential upside and day median price , to decide if EIS Eczacibasi Ilac performance from the past will be repeated at future time.
Auto-correlation | -0.09 |
Very weak reverse predictability
EIS Eczacibasi Ilac has very weak reverse predictability. Overlapping area represents the amount of predictability between EIS Eczacibasi time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 EIS Eczacibasi Ilac price movement. The serial correlation of -0.09 indicates that less than 9.0% of current EIS Eczacibasi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.81 |
EIS Eczacibasi Ilac lagged returns against current returns
Autocorrelation, which is EIS Eczacibasi 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 EIS Eczacibasi's stock expected returns. We can calculate the autocorrelation of EIS Eczacibasi returns to help us make a trade decision. For example, suppose you find that EIS Eczacibasi 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 |
EIS Eczacibasi 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 EIS Eczacibasi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EIS Eczacibasi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EIS Eczacibasi stock over time.
Current vs Lagged Prices |
| Timeline |
EIS Eczacibasi Lagged Returns
When evaluating EIS Eczacibasi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EIS Eczacibasi stock have on its future price. EIS Eczacibasi 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, EIS Eczacibasi autocorrelation shows the relationship between EIS Eczacibasi stock current value and its past values and can show if there is a momentum factor associated with investing in EIS Eczacibasi Ilac.
Regressed Prices |
| Timeline |
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Other Information on Investing in EIS Stock
EIS Eczacibasi financial ratios help investors to determine whether EIS 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 EIS with respect to the benefits of owning EIS Eczacibasi security.