Kartonsan Karton (Turkey) Market Value
| KARTN Stock | TRY 92.90 3.70 4.15% |
| Symbol | Kartonsan |
Kartonsan Karton '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 Kartonsan Karton'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 Kartonsan Karton.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Kartonsan Karton on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Kartonsan Karton Sanayi or generate 0.0% return on investment in Kartonsan Karton over 390 days. Kartonsan Karton is related to or competes with Ege Endustri, Otokar Otomotiv, BIM Birlesik, Alkim Alkali, and Ford Otomotiv. Kartonsan Karton Sanayi ve Ticaret A.S. produces and trades in coated cardboards in Turkey More
Kartonsan Karton 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 Kartonsan Karton'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 Kartonsan Karton Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.015 | |||
| Maximum Drawdown | 9.82 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.99 |
Kartonsan Karton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kartonsan Karton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kartonsan Karton's standard deviation. In reality, there are many statistical measures that can use Kartonsan Karton historical prices to predict the future Kartonsan Karton's volatility.| Risk Adjusted Performance | 0.0535 | |||
| Jensen Alpha | 0.1178 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0158 | |||
| Treynor Ratio | 0.7618 |
Kartonsan Karton Sanayi Backtested Returns
Kartonsan Karton is very steady at the moment. Kartonsan Karton Sanayi has Sharpe Ratio of 0.0356, which conveys that the firm had a 0.0356% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kartonsan Karton, which you can use to evaluate the volatility of the firm. Please verify Kartonsan Karton's Mean Deviation of 1.81, downside deviation of 2.17, and Risk Adjusted Performance of 0.0535 to check out if the risk estimate we provide is consistent with the expected return of 0.0812%. Kartonsan Karton has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kartonsan Karton's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kartonsan Karton is expected to be smaller as well. Kartonsan Karton Sanayi right now secures a risk of 2.28%. Please verify Kartonsan Karton Sanayi value at risk, as well as the relationship between the skewness and day median price , to decide if Kartonsan Karton Sanayi will be following its current price movements.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Kartonsan Karton Sanayi has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Kartonsan Karton time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 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 Kartonsan Karton Sanayi price movement. The serial correlation of -0.76 indicates that around 76.0% of current Kartonsan Karton price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 167.97 |
Kartonsan Karton Sanayi lagged returns against current returns
Autocorrelation, which is Kartonsan Karton 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 Kartonsan Karton's stock expected returns. We can calculate the autocorrelation of Kartonsan Karton returns to help us make a trade decision. For example, suppose you find that Kartonsan Karton 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 |
Kartonsan Karton 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 Kartonsan Karton stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kartonsan Karton stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kartonsan Karton stock over time.
Current vs Lagged Prices |
| Timeline |
Kartonsan Karton Lagged Returns
When evaluating Kartonsan Karton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kartonsan Karton stock have on its future price. Kartonsan Karton 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, Kartonsan Karton autocorrelation shows the relationship between Kartonsan Karton stock current value and its past values and can show if there is a momentum factor associated with investing in Kartonsan Karton Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Kartonsan Stock
Kartonsan Karton financial ratios help investors to determine whether Kartonsan 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 Kartonsan with respect to the benefits of owning Kartonsan Karton security.