Girisim Elektrik (Turkey) Market Value
| GESAN Stock | 47.06 0.12 0.25% |
| Symbol | Girisim |
Girisim Elektrik '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 Girisim Elektrik'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 Girisim Elektrik.
| 12/10/2023 |
| 01/03/2025 |
If you would invest 0.00 in Girisim Elektrik on December 10, 2023 and sell it all today you would earn a total of 0.00 from holding Girisim Elektrik Taahhut or generate 0.0% return on investment in Girisim Elektrik over 390 days. Girisim Elektrik is related to or competes with ENKA Insaat, Anel Elektrik, Nigbas Nigde, and Yesil Yapi. More
Girisim Elektrik 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 Girisim Elektrik'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 Girisim Elektrik Taahhut upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0763 | |||
| Maximum Drawdown | 13.46 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 6.03 |
Girisim Elektrik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Girisim Elektrik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Girisim Elektrik's standard deviation. In reality, there are many statistical measures that can use Girisim Elektrik historical prices to predict the future Girisim Elektrik's volatility.| Risk Adjusted Performance | 0.0719 | |||
| Jensen Alpha | 0.2392 | |||
| Total Risk Alpha | 0.2325 | |||
| Sortino Ratio | 0.0892 | |||
| Treynor Ratio | (0.73) |
Girisim Elektrik Taahhut Backtested Returns
Girisim Elektrik appears to be very steady, given 3 months investment horizon. Girisim Elektrik Taahhut holds Efficiency (Sharpe) Ratio of 0.0987, which attests that the entity had a 0.0987% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Girisim Elektrik Taahhut, which you can use to evaluate the volatility of the firm. Please utilize Girisim Elektrik's Market Risk Adjusted Performance of (0.72), downside deviation of 2.66, and Risk Adjusted Performance of 0.0719 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Girisim Elektrik holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Girisim Elektrik are expected to decrease at a much lower rate. During the bear market, Girisim Elektrik is likely to outperform the market. Please check Girisim Elektrik's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Girisim Elektrik's current trending patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Girisim Elektrik Taahhut has weak reverse predictability. Overlapping area represents the amount of predictability between Girisim Elektrik time series from 10th of December 2023 to 22nd of June 2024 and 22nd of June 2024 to 3rd of January 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 Girisim Elektrik Taahhut price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Girisim Elektrik price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 13.97 |
Girisim Elektrik Taahhut lagged returns against current returns
Autocorrelation, which is Girisim Elektrik 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 Girisim Elektrik's stock expected returns. We can calculate the autocorrelation of Girisim Elektrik returns to help us make a trade decision. For example, suppose you find that Girisim Elektrik 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 |
Girisim Elektrik 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 Girisim Elektrik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Girisim Elektrik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Girisim Elektrik stock over time.
Current vs Lagged Prices |
| Timeline |
Girisim Elektrik Lagged Returns
When evaluating Girisim Elektrik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Girisim Elektrik stock have on its future price. Girisim Elektrik 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, Girisim Elektrik autocorrelation shows the relationship between Girisim Elektrik stock current value and its past values and can show if there is a momentum factor associated with investing in Girisim Elektrik Taahhut.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Girisim Stock
Girisim Elektrik financial ratios help investors to determine whether Girisim 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 Girisim with respect to the benefits of owning Girisim Elektrik security.