Royal Hali (Turkey) Market Value
| ROYAL Stock | TRY 6.80 0.00 0.00% |
| Symbol | Royal |
Royal Hali '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 Royal Hali'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 Royal Hali.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Royal Hali on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Royal Hali Iplik or generate 0.0% return on investment in Royal Hali over 90 days. Royal Hali is related to or competes with CEO Event, Bms Birlesik, Koza Anadolu, ICBC Turkey, Cuhadaroglu Metal, and Sodas Sodyum. Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret A.S More
Royal Hali 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 Royal Hali'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 Royal Hali Iplik upside and downside potential and time the market with a certain degree of confidence.
Royal Hali Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Hali's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Hali's standard deviation. In reality, there are many statistical measures that can use Royal Hali historical prices to predict the future Royal Hali's volatility.Royal Hali Iplik Backtested Returns
We have found three technical indicators for Royal Hali Iplik, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Royal Hali are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Royal Hali Iplik has no correlation between past and present. Overlapping area represents the amount of predictability between Royal Hali time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Royal Hali Iplik price movement. The serial correlation of 0.0 indicates that just 0.0% of current Royal Hali price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Royal Hali Iplik lagged returns against current returns
Autocorrelation, which is Royal Hali 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 Royal Hali's stock expected returns. We can calculate the autocorrelation of Royal Hali returns to help us make a trade decision. For example, suppose you find that Royal Hali 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 |
Royal Hali 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 Royal Hali stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Hali stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Hali stock over time.
Current vs Lagged Prices |
| Timeline |
Royal Hali Lagged Returns
When evaluating Royal Hali's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Hali stock have on its future price. Royal Hali 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, Royal Hali autocorrelation shows the relationship between Royal Hali stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Hali Iplik.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Royal Stock
Royal Hali financial ratios help investors to determine whether Royal 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 Royal with respect to the benefits of owning Royal Hali security.