Koza Anadolu (Turkey) Market Value
| KOZAA Stock | TRY 66.85 1.95 2.83% |
| Symbol | Koza |
Koza Anadolu '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 Koza Anadolu'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 Koza Anadolu.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Koza Anadolu on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Koza Anadolu Metal or generate 0.0% return on investment in Koza Anadolu over 30 days. Koza Anadolu is related to or competes with Koza Altin, Ipek Dogal, Petkim Petrokimya, Kardemir Karabuk, and Tekfen Holding. Koza Anadolu Metal Madencilik Isletmeleri A.S More
Koza Anadolu 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 Koza Anadolu'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 Koza Anadolu Metal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0013 | |||
| Maximum Drawdown | 12.13 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 3.88 |
Koza Anadolu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koza Anadolu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koza Anadolu's standard deviation. In reality, there are many statistical measures that can use Koza Anadolu historical prices to predict the future Koza Anadolu's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0527 | |||
| Treynor Ratio | (0.03) |
Koza Anadolu Metal Backtested Returns
Koza Anadolu Metal has Sharpe Ratio of -0.0237, which conveys that the firm had a -0.0237 % return per unit of risk over the last 3 months. Koza Anadolu exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Koza Anadolu's Standard Deviation of 2.33, mean deviation of 1.77, and Risk Adjusted Performance of 0.0037 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Koza Anadolu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Koza Anadolu is expected to be smaller as well. At this point, Koza Anadolu Metal has a negative expected return of -0.0551%. Please make sure to verify Koza Anadolu's accumulation distribution, as well as the relationship between the day median price and price action indicator , to decide if Koza Anadolu Metal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.93 |
Near perfect reversele predictability
Koza Anadolu Metal has near perfect reversele predictability. Overlapping area represents the amount of predictability between Koza Anadolu time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Koza Anadolu Metal price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Koza Anadolu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 14.67 |
Koza Anadolu Metal lagged returns against current returns
Autocorrelation, which is Koza Anadolu 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 Koza Anadolu's stock expected returns. We can calculate the autocorrelation of Koza Anadolu returns to help us make a trade decision. For example, suppose you find that Koza Anadolu 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 |
Koza Anadolu 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 Koza Anadolu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koza Anadolu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koza Anadolu stock over time.
Current vs Lagged Prices |
| Timeline |
Koza Anadolu Lagged Returns
When evaluating Koza Anadolu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koza Anadolu stock have on its future price. Koza Anadolu 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, Koza Anadolu autocorrelation shows the relationship between Koza Anadolu stock current value and its past values and can show if there is a momentum factor associated with investing in Koza Anadolu Metal.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Koza Stock
Koza Anadolu financial ratios help investors to determine whether Koza 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 Koza with respect to the benefits of owning Koza Anadolu security.