E Data (Turkey) Market Value
| EDATA Stock | 15.08 0.09 0.60% |
| Symbol | EDATA |
E Data '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 E Data'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 E Data.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in E Data on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding E Data Teknoloji Pazarlama or generate 0.0% return on investment in E Data over 720 days. E Data is related to or competes with Silverline Endustri, Sodas Sodyum, Akbank TAS, Mackolik Internet, Koza Anadolu, and Politeknik Metal. More
E Data 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 E Data'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 E Data Teknoloji Pazarlama upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 3.31 |
E Data Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Data's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Data's standard deviation. In reality, there are many statistical measures that can use E Data historical prices to predict the future E Data's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.8382 |
E Data Teknoloji Backtested Returns
E Data Teknoloji secures Sharpe Ratio (or Efficiency) of -0.095, which denotes the company had a -0.095% return per unit of risk over the last 3 months. E Data Teknoloji Pazarlama exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Data's Variance of 4.37, standard deviation of 2.09, and Mean Deviation of 1.67 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning E Data are expected to decrease at a much lower rate. During the bear market, E Data is likely to outperform the market. At this point, E Data Teknoloji has a negative expected return of -0.2%. Please make sure to confirm E Data's potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if E Data Teknoloji performance from the past will be repeated sooner or later.
Auto-correlation | -0.66 |
Very good reverse predictability
E Data Teknoloji Pazarlama has very good reverse predictability. Overlapping area represents the amount of predictability between E Data time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 E Data Teknoloji price movement. The serial correlation of -0.66 indicates that around 66.0% of current E Data price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 19.67 |
E Data Teknoloji lagged returns against current returns
Autocorrelation, which is E Data 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 E Data's stock expected returns. We can calculate the autocorrelation of E Data returns to help us make a trade decision. For example, suppose you find that E Data 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 |
E Data 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 E Data stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Data stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Data stock over time.
Current vs Lagged Prices |
| Timeline |
E Data Lagged Returns
When evaluating E Data's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Data stock have on its future price. E Data 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, E Data autocorrelation shows the relationship between E Data stock current value and its past values and can show if there is a momentum factor associated with investing in E Data Teknoloji Pazarlama.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in EDATA Stock
E Data financial ratios help investors to determine whether EDATA 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 EDATA with respect to the benefits of owning E Data security.