Marmaris Altinyunus (Turkey) Market Value
| MAALT Stock | TRY 888.00 12.00 1.33% |
| Symbol | Marmaris |
Marmaris Altinyunus '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 Marmaris Altinyunus' 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 Marmaris Altinyunus.
| 03/27/2023 |
| 03/16/2025 |
If you would invest 0.00 in Marmaris Altinyunus on March 27, 2023 and sell it all today you would earn a total of 0.00 from holding Marmaris Altinyunus Turistik or generate 0.0% return on investment in Marmaris Altinyunus over 720 days. Marmaris Altinyunus is related to or competes with Cuhadaroglu Metal, Koza Anadolu, Akbank TAS, Mackolik Internet, Turkiye Kalkinma, Sodas Sodyum, and CEO Event. Marmaris Altinyunus Turistik Tesisler Anonim Sirketi operates two tourist hotels in Antalya and Marmaris, Turkey More
Marmaris Altinyunus 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 Marmaris Altinyunus' 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 Marmaris Altinyunus Turistik upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 12.59 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.88 |
Marmaris Altinyunus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marmaris Altinyunus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marmaris Altinyunus' standard deviation. In reality, there are many statistical measures that can use Marmaris Altinyunus historical prices to predict the future Marmaris Altinyunus' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.2606 | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marmaris Altinyunus' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Marmaris Altinyunus Backtested Returns
Marmaris Altinyunus has Sharpe Ratio of -0.0122, which conveys that the firm had a -0.0122 % return per unit of risk over the last 3 months. Marmaris Altinyunus exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marmaris Altinyunus' insignificant Risk Adjusted Performance, standard deviation of 2.34, and Mean Deviation of 1.63 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Marmaris Altinyunus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Marmaris Altinyunus is expected to be smaller as well. At this point, Marmaris Altinyunus has a negative expected return of -0.0271%. Please make sure to verify Marmaris Altinyunus' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Marmaris Altinyunus performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.87 |
Excellent reverse predictability
Marmaris Altinyunus Turistik has excellent reverse predictability. Overlapping area represents the amount of predictability between Marmaris Altinyunus time series from 27th of March 2023 to 21st of March 2024 and 21st of March 2024 to 16th 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 Marmaris Altinyunus price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Marmaris Altinyunus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 26.7 K |
Marmaris Altinyunus lagged returns against current returns
Autocorrelation, which is Marmaris Altinyunus 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 Marmaris Altinyunus' stock expected returns. We can calculate the autocorrelation of Marmaris Altinyunus returns to help us make a trade decision. For example, suppose you find that Marmaris Altinyunus 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 |
Marmaris Altinyunus 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 Marmaris Altinyunus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marmaris Altinyunus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marmaris Altinyunus stock over time.
Current vs Lagged Prices |
| Timeline |
Marmaris Altinyunus Lagged Returns
When evaluating Marmaris Altinyunus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marmaris Altinyunus stock have on its future price. Marmaris Altinyunus 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, Marmaris Altinyunus autocorrelation shows the relationship between Marmaris Altinyunus stock current value and its past values and can show if there is a momentum factor associated with investing in Marmaris Altinyunus Turistik.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Marmaris Stock
Marmaris Altinyunus financial ratios help investors to determine whether Marmaris 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 Marmaris with respect to the benefits of owning Marmaris Altinyunus security.