Konya Cimento (Turkey) Market Value
| KONYA Stock | TRY 7,275 137.50 1.85% |
| Symbol | Konya |
Konya Cimento '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 Konya Cimento'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 Konya Cimento.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Konya Cimento on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Konya Cimento Sanayi or generate 0.0% return on investment in Konya Cimento over 30 days. Konya Cimento is related to or competes with Ayes Celik, Trend Gayrimenkul, Ege Endustri, Alarko Carrier, and Trabzon Liman. Konya imento Sanayii Anonim Sirketi engages in the manufacture and sale of cement, clinker, and ready mixed concrete in ... More
Konya Cimento 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 Konya Cimento'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 Konya Cimento Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0033 | |||
| Maximum Drawdown | 14.94 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 5.17 |
Konya Cimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Konya Cimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Konya Cimento's standard deviation. In reality, there are many statistical measures that can use Konya Cimento historical prices to predict the future Konya Cimento's volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.0575 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0035 | |||
| Treynor Ratio | 0.2136 |
Konya Cimento Sanayi Backtested Returns
Konya Cimento is very steady at the moment. Konya Cimento Sanayi has Sharpe Ratio of 0.0462, which conveys that the firm had a 0.0462% return per unit of risk over the last 3 months. We have found thirty technical indicators for Konya Cimento, which you can use to evaluate the volatility of the firm. Please verify Konya Cimento's Risk Adjusted Performance of 0.0417, mean deviation of 2.07, and Downside Deviation of 2.66 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Konya Cimento has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Konya Cimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Konya Cimento is expected to be smaller as well. Konya Cimento Sanayi right now secures a risk of 2.75%. Please verify Konya Cimento Sanayi treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Konya Cimento Sanayi will be following its current price movements.
Auto-correlation | 0.49 |
Average predictability
Konya Cimento Sanayi has average predictability. Overlapping area represents the amount of predictability between Konya Cimento time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Konya Cimento Sanayi price movement. The serial correlation of 0.49 indicates that about 49.0% of current Konya Cimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 50.3 K |
Konya Cimento Sanayi lagged returns against current returns
Autocorrelation, which is Konya Cimento 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 Konya Cimento's stock expected returns. We can calculate the autocorrelation of Konya Cimento returns to help us make a trade decision. For example, suppose you find that Konya Cimento 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 |
Konya Cimento 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 Konya Cimento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Konya Cimento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Konya Cimento stock over time.
Current vs Lagged Prices |
| Timeline |
Konya Cimento Lagged Returns
When evaluating Konya Cimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Konya Cimento stock have on its future price. Konya Cimento 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, Konya Cimento autocorrelation shows the relationship between Konya Cimento stock current value and its past values and can show if there is a momentum factor associated with investing in Konya Cimento Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Konya Stock
Konya Cimento financial ratios help investors to determine whether Konya 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 Konya with respect to the benefits of owning Konya Cimento security.