Global Yatirim (Turkey) Market Value
| GLYHO Stock | TRY 18.58 0.02 0.11% |
| Symbol | Global |
Global Yatirim '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 Global Yatirim'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 Global Yatirim.
| 11/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Global Yatirim on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Global Yatirim Holding or generate 0.0% return on investment in Global Yatirim over 60 days. Global Yatirim is related to or competes with Sekerbank TAS, Sodas Sodyum, Politeknik Metal, Mackolik Internet, Cuhadaroglu Metal, and Turkiye Kalkinma. Global Yatirim Holding Anonim Sirketi, through its subsidiaries, engages in the port infrastructure, powergasmining, rea... More
Global Yatirim 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 Global Yatirim'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 Global Yatirim Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | 0.0754 | |||
| Maximum Drawdown | 14.0 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 3.34 |
Global Yatirim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Yatirim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Yatirim's standard deviation. In reality, there are many statistical measures that can use Global Yatirim historical prices to predict the future Global Yatirim's volatility.| Risk Adjusted Performance | 0.0829 | |||
| Jensen Alpha | 0.1944 | |||
| Total Risk Alpha | 0.1295 | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | 1.24 |
Global Yatirim Holding Backtested Returns
Global Yatirim appears to be not too volatile, given 3 months investment horizon. Global Yatirim Holding holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global Yatirim Holding, which you can use to evaluate the volatility of the firm. Please utilize Global Yatirim's Risk Adjusted Performance of 0.0829, downside deviation of 2.97, and Market Risk Adjusted Performance of 1.25 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Global Yatirim holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Global Yatirim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Yatirim is expected to be smaller as well. Please check Global Yatirim's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Global Yatirim's current trending patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Global Yatirim Holding has good predictability. Overlapping area represents the amount of predictability between Global Yatirim time series from 24th of November 2024 to 24th of December 2024 and 24th of December 2024 to 23rd 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 Global Yatirim Holding price movement. The serial correlation of 0.66 indicates that around 66.0% of current Global Yatirim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Global Yatirim Holding lagged returns against current returns
Autocorrelation, which is Global Yatirim 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 Global Yatirim's stock expected returns. We can calculate the autocorrelation of Global Yatirim returns to help us make a trade decision. For example, suppose you find that Global Yatirim 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 |
Global Yatirim 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 Global Yatirim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Yatirim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Yatirim stock over time.
Current vs Lagged Prices |
| Timeline |
Global Yatirim Lagged Returns
When evaluating Global Yatirim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Yatirim stock have on its future price. Global Yatirim 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, Global Yatirim autocorrelation shows the relationship between Global Yatirim stock current value and its past values and can show if there is a momentum factor associated with investing in Global Yatirim Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Global Stock
Global Yatirim financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Yatirim security.