Pamel Yenilenebilir (Turkey) Market Value
| PAMEL Stock | TRY 95.70 1.65 1.69% |
| Symbol | Pamel |
Pamel Yenilenebilir '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 Pamel Yenilenebilir'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 Pamel Yenilenebilir.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Pamel Yenilenebilir on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Pamel Yenilenebilir Elektrik or generate 0.0% return on investment in Pamel Yenilenebilir over 480 days. Pamel Yenilenebilir is related to or competes with Bms Birlesik, Cuhadaroglu Metal, Politeknik Metal, Galatasaray Sportif, Akbank TAS, Sekerbank TAS, and Koza Anadolu. Pamukova Yenilenebilir Elektrik Uretim A.S More
Pamel Yenilenebilir 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 Pamel Yenilenebilir'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 Pamel Yenilenebilir Elektrik upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 3.51 |
Pamel Yenilenebilir Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pamel Yenilenebilir's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pamel Yenilenebilir's standard deviation. In reality, there are many statistical measures that can use Pamel Yenilenebilir historical prices to predict the future Pamel Yenilenebilir's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (1.23) |
Pamel Yenilenebilir Backtested Returns
Pamel Yenilenebilir maintains Sharpe Ratio (i.e., Efficiency) of -0.0475, which implies the firm had a -0.0475% return per unit of risk over the last 3 months. Pamel Yenilenebilir exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pamel Yenilenebilir's Variance of 3.57, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,351) to confirm the risk estimate we provide. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pamel Yenilenebilir's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pamel Yenilenebilir is expected to be smaller as well. At this point, Pamel Yenilenebilir has a negative expected return of -0.0909%. Please make sure to check Pamel Yenilenebilir's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Pamel Yenilenebilir performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Pamel Yenilenebilir Elektrik has below average predictability. Overlapping area represents the amount of predictability between Pamel Yenilenebilir time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Pamel Yenilenebilir price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Pamel Yenilenebilir price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 265.26 |
Pamel Yenilenebilir lagged returns against current returns
Autocorrelation, which is Pamel Yenilenebilir 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 Pamel Yenilenebilir's stock expected returns. We can calculate the autocorrelation of Pamel Yenilenebilir returns to help us make a trade decision. For example, suppose you find that Pamel Yenilenebilir 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 |
Pamel Yenilenebilir 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 Pamel Yenilenebilir stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pamel Yenilenebilir stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pamel Yenilenebilir stock over time.
Current vs Lagged Prices |
| Timeline |
Pamel Yenilenebilir Lagged Returns
When evaluating Pamel Yenilenebilir's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pamel Yenilenebilir stock have on its future price. Pamel Yenilenebilir 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, Pamel Yenilenebilir autocorrelation shows the relationship between Pamel Yenilenebilir stock current value and its past values and can show if there is a momentum factor associated with investing in Pamel Yenilenebilir Elektrik.
Regressed Prices |
| Timeline |
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Other Information on Investing in Pamel Stock
Pamel Yenilenebilir financial ratios help investors to determine whether Pamel 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 Pamel with respect to the benefits of owning Pamel Yenilenebilir security.