Kontrolmatik Teknoloji (Turkey) Market Value
| KONTR Stock | TRY 40.00 2.10 4.99% |
| Symbol | Kontrolmatik |
Kontrolmatik Teknoloji '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 Kontrolmatik Teknoloji'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 Kontrolmatik Teknoloji.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Kontrolmatik Teknoloji on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Kontrolmatik Teknoloji Enerji or generate 0.0% return on investment in Kontrolmatik Teknoloji over 720 days. Kontrolmatik Teknoloji is related to or competes with Koc Holding, Alarko Holding, Dogan Sirketler, Eczacibasi Yatirim, Bera Holding, and Zedur Enerji. Kontrolmatik Teknoloji Enerji Ve Muhendislik Anonim Sirketi provides consulting, feasibility studies, project management... More
Kontrolmatik Teknoloji 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 Kontrolmatik Teknoloji'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 Kontrolmatik Teknoloji Enerji upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.21 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 4.62 |
Kontrolmatik Teknoloji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kontrolmatik Teknoloji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kontrolmatik Teknoloji's standard deviation. In reality, there are many statistical measures that can use Kontrolmatik Teknoloji historical prices to predict the future Kontrolmatik Teknoloji's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.35) |
Kontrolmatik Teknoloji Backtested Returns
Kontrolmatik Teknoloji has Sharpe Ratio of -0.0392, which conveys that the firm had a -0.0392% return per unit of risk over the last 3 months. Kontrolmatik Teknoloji exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kontrolmatik Teknoloji's Risk Adjusted Performance of (0.02), mean deviation of 2.28, and Standard Deviation of 2.98 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kontrolmatik Teknoloji's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kontrolmatik Teknoloji is expected to be smaller as well. At this point, Kontrolmatik Teknoloji has a negative expected return of -0.12%. Please make sure to verify Kontrolmatik Teknoloji's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Kontrolmatik Teknoloji performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Kontrolmatik Teknoloji Enerji has very good reverse predictability. Overlapping area represents the amount of predictability between Kontrolmatik Teknoloji time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Kontrolmatik Teknoloji price movement. The serial correlation of -0.67 indicates that around 67.0% of current Kontrolmatik Teknoloji price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 206.07 |
Kontrolmatik Teknoloji lagged returns against current returns
Autocorrelation, which is Kontrolmatik Teknoloji 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 Kontrolmatik Teknoloji's stock expected returns. We can calculate the autocorrelation of Kontrolmatik Teknoloji returns to help us make a trade decision. For example, suppose you find that Kontrolmatik Teknoloji 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 |
Kontrolmatik Teknoloji 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 Kontrolmatik Teknoloji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kontrolmatik Teknoloji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kontrolmatik Teknoloji stock over time.
Current vs Lagged Prices |
| Timeline |
Kontrolmatik Teknoloji Lagged Returns
When evaluating Kontrolmatik Teknoloji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kontrolmatik Teknoloji stock have on its future price. Kontrolmatik Teknoloji 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, Kontrolmatik Teknoloji autocorrelation shows the relationship between Kontrolmatik Teknoloji stock current value and its past values and can show if there is a momentum factor associated with investing in Kontrolmatik Teknoloji Enerji.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Kontrolmatik Stock
Kontrolmatik Teknoloji financial ratios help investors to determine whether Kontrolmatik 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 Kontrolmatik with respect to the benefits of owning Kontrolmatik Teknoloji security.