Hedef Holdings (Turkey) Market Value
| HEDEF Stock | 3.16 0.03 0.96% |
| Symbol | Hedef |
Hedef Holdings '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 Hedef Holdings' 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 Hedef Holdings.
| 09/30/2024 |
| 12/29/2024 |
If you would invest 0.00 in Hedef Holdings on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Hedef Holdings AS or generate 0.0% return on investment in Hedef Holdings over 90 days. Hedef Holdings is related to or competes with Verusa Holding, GSD Holding, Verusaturk Girisim, Unlu Yatirim, Yesil Yatirim, and Hedef Girisim. More
Hedef Holdings 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 Hedef Holdings' 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 Hedef Holdings AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.0 |
Hedef Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hedef Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hedef Holdings' standard deviation. In reality, there are many statistical measures that can use Hedef Holdings historical prices to predict the future Hedef Holdings' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.2813 |
Hedef Holdings AS Backtested Returns
Hedef Holdings AS holds Efficiency (Sharpe) Ratio of -0.0471, which attests that the entity had a -0.0471% return per unit of risk over the last 3 months. Hedef Holdings AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hedef Holdings' Standard Deviation of 2.24, risk adjusted performance of (0.04), and Market Risk Adjusted Performance of 0.2913 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hedef Holdings are expected to decrease at a much lower rate. During the bear market, Hedef Holdings is likely to outperform the market. At this point, Hedef Holdings AS has a negative expected return of -0.11%. Please make sure to check out Hedef Holdings' information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Hedef Holdings AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Hedef Holdings AS has very good reverse predictability. Overlapping area represents the amount of predictability between Hedef Holdings time series from 30th of September 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Hedef Holdings AS price movement. The serial correlation of -0.67 indicates that around 67.0% of current Hedef Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hedef Holdings AS lagged returns against current returns
Autocorrelation, which is Hedef Holdings 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 Hedef Holdings' stock expected returns. We can calculate the autocorrelation of Hedef Holdings returns to help us make a trade decision. For example, suppose you find that Hedef Holdings 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 |
Hedef Holdings 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 Hedef Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hedef Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hedef Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Hedef Holdings Lagged Returns
When evaluating Hedef Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hedef Holdings stock have on its future price. Hedef Holdings 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, Hedef Holdings autocorrelation shows the relationship between Hedef Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Hedef Holdings AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Hedef Stock
Hedef Holdings financial ratios help investors to determine whether Hedef 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 Hedef with respect to the benefits of owning Hedef Holdings security.