Kustur Kusadasi (Turkey) Market Value
| KSTUR Stock | TRY 2,970 70.00 2.30% |
| Symbol | Kustur |
Kustur Kusadasi '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 Kustur Kusadasi'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 Kustur Kusadasi.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Kustur Kusadasi on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding Kustur Kusadasi Turizm or generate 0.0% return on investment in Kustur Kusadasi over 90 days. Kustur Kusadasi is related to or competes with Koza Anadolu, Cuhadaroglu Metal, Politeknik Metal, Galatasaray Sportif, E Data, and Creditwest Faktoring. Kustur Kusadasi Turizm Endstrisi A.S. operates holiday clubs in Turkey More
Kustur Kusadasi 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 Kustur Kusadasi'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 Kustur Kusadasi Turizm upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (8.34) | |||
| Potential Upside | 9.34 |
Kustur Kusadasi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kustur Kusadasi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kustur Kusadasi's standard deviation. In reality, there are many statistical measures that can use Kustur Kusadasi historical prices to predict the future Kustur Kusadasi's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (0.72) |
Kustur Kusadasi Turizm Backtested Returns
Kustur Kusadasi Turizm has Sharpe Ratio of -0.06, which conveys that the firm had a -0.06% return per unit of risk over the last 3 months. Kustur Kusadasi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kustur Kusadasi's Standard Deviation of 5.22, mean deviation of 4.32, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. 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, Kustur Kusadasi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kustur Kusadasi is expected to be smaller as well. At this point, Kustur Kusadasi Turizm has a negative expected return of -0.31%. Please make sure to verify Kustur Kusadasi's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Kustur Kusadasi Turizm performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Kustur Kusadasi Turizm has very good reverse predictability. Overlapping area represents the amount of predictability between Kustur Kusadasi time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 Kustur Kusadasi Turizm price movement. The serial correlation of -0.69 indicates that around 69.0% of current Kustur Kusadasi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 158.5 K |
Kustur Kusadasi Turizm lagged returns against current returns
Autocorrelation, which is Kustur Kusadasi 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 Kustur Kusadasi's stock expected returns. We can calculate the autocorrelation of Kustur Kusadasi returns to help us make a trade decision. For example, suppose you find that Kustur Kusadasi 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 |
Kustur Kusadasi 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 Kustur Kusadasi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kustur Kusadasi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kustur Kusadasi stock over time.
Current vs Lagged Prices |
| Timeline |
Kustur Kusadasi Lagged Returns
When evaluating Kustur Kusadasi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kustur Kusadasi stock have on its future price. Kustur Kusadasi 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, Kustur Kusadasi autocorrelation shows the relationship between Kustur Kusadasi stock current value and its past values and can show if there is a momentum factor associated with investing in Kustur Kusadasi Turizm.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Kustur Stock
Kustur Kusadasi financial ratios help investors to determine whether Kustur 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 Kustur with respect to the benefits of owning Kustur Kusadasi security.