Galata Wind (Turkey) Market Value
| GWIND Stock | TRY 30.28 0.60 2.02% |
| Symbol | Galata |
Galata Wind '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 Galata Wind'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 Galata Wind.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Galata Wind on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Galata Wind Enerji or generate 0.0% return on investment in Galata Wind over 30 days. Galata Wind is related to or competes with Gentas Genel, Koza Anadolu, Politeknik Metal, Cuhadaroglu Metal, ICBC Turkey, Bms Birlesik, and Galatasaray Sportif. Galata Wind Enerji A.S. operates wind and solar power plants More
Galata Wind 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 Galata Wind'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 Galata Wind Enerji upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0656 | |||
| Maximum Drawdown | 12.13 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 3.78 |
Galata Wind Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galata Wind's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galata Wind's standard deviation. In reality, there are many statistical measures that can use Galata Wind historical prices to predict the future Galata Wind's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.2374 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | 37.18 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Galata Wind'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.
Galata Wind Enerji Backtested Returns
Galata Wind appears to be very steady, given 3 months investment horizon. Galata Wind Enerji holds Efficiency (Sharpe) Ratio of 0.093, which attests that the entity had a 0.093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galata Wind Enerji, which you can use to evaluate the volatility of the firm. Please utilize Galata Wind's Downside Deviation of 2.45, market risk adjusted performance of 37.19, and Risk Adjusted Performance of 0.0866 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galata Wind holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.0064, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Galata Wind's returns are expected to increase less than the market. However, during the bear market, the loss of holding Galata Wind is expected to be smaller as well. Please check Galata Wind's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Galata Wind's current trending patterns will revert.
Auto-correlation | 0.79 |
Good predictability
Galata Wind Enerji has good predictability. Overlapping area represents the amount of predictability between Galata Wind time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Galata Wind Enerji price movement. The serial correlation of 0.79 indicates that around 79.0% of current Galata Wind price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
Galata Wind Enerji lagged returns against current returns
Autocorrelation, which is Galata Wind 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 Galata Wind's stock expected returns. We can calculate the autocorrelation of Galata Wind returns to help us make a trade decision. For example, suppose you find that Galata Wind 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 |
Galata Wind 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 Galata Wind stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galata Wind stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galata Wind stock over time.
Current vs Lagged Prices |
| Timeline |
Galata Wind Lagged Returns
When evaluating Galata Wind's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galata Wind stock have on its future price. Galata Wind 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, Galata Wind autocorrelation shows the relationship between Galata Wind stock current value and its past values and can show if there is a momentum factor associated with investing in Galata Wind Enerji.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Galata Stock
Galata Wind financial ratios help investors to determine whether Galata 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 Galata with respect to the benefits of owning Galata Wind security.