Koza Altin (Turkey) Market Value
| KOZAL Stock | TRY 25.84 1.74 6.31% |
| Symbol | Koza |
Koza Altin '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 Altin'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 Altin.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Koza Altin on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Koza Altin Isletmeleri or generate 0.0% return on investment in Koza Altin over 90 days. Koza Altin is related to or competes with Is Yatirim, Euro Menkul, Euro Trend, Hedef Girisim, Euro Kapital, Atlas Menkul, and Verusaturk Girisim. Koza Altin Isletmeleri A.S., a gold mining company, acquires, explores for, and develops gold and silver projects in Tur... More
Koza Altin 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 Altin'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 Altin Isletmeleri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.1844 | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 4.13 |
Koza Altin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koza Altin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koza Altin's standard deviation. In reality, there are many statistical measures that can use Koza Altin historical prices to predict the future Koza Altin's volatility.| Risk Adjusted Performance | 0.129 | |||
| Jensen Alpha | 0.3658 | |||
| Total Risk Alpha | 0.599 | |||
| Sortino Ratio | 0.1832 | |||
| Treynor Ratio | 0.6407 |
Koza Altin Isletmeleri Backtested Returns
Koza Altin is very steady at the moment. Koza Altin Isletmeleri has Sharpe Ratio of 0.0718, which conveys that the firm had a 0.0718 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Koza Altin, which you can use to evaluate the volatility of the firm. Please verify Koza Altin's Risk Adjusted Performance of 0.129, downside deviation of 2.3, and Mean Deviation of 1.71 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Koza Altin has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Koza Altin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Koza Altin is expected to be smaller as well. Koza Altin Isletmeleri right now secures a risk of 2.44%. Please verify Koza Altin Isletmeleri semi variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Koza Altin Isletmeleri will be following its current price movements.
Auto-correlation | 0.30 |
Below average predictability
Koza Altin Isletmeleri has below average predictability. Overlapping area represents the amount of predictability between Koza Altin time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Altin Isletmeleri price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Koza Altin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.12 |
Koza Altin Isletmeleri lagged returns against current returns
Autocorrelation, which is Koza Altin 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 Altin's stock expected returns. We can calculate the autocorrelation of Koza Altin returns to help us make a trade decision. For example, suppose you find that Koza Altin 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 Altin 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 Altin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koza Altin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koza Altin stock over time.
Current vs Lagged Prices |
| Timeline |
Koza Altin Lagged Returns
When evaluating Koza Altin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koza Altin stock have on its future price. Koza Altin 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 Altin autocorrelation shows the relationship between Koza Altin stock current value and its past values and can show if there is a momentum factor associated with investing in Koza Altin Isletmeleri.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Koza Stock
Koza Altin 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 Altin security.