Reysas Tasimacilik (Turkey) Market Value
| RYSAS Stock | TRY 19.14 0.35 1.80% |
| Symbol | Reysas |
Reysas Tasimacilik '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 Reysas Tasimacilik'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 Reysas Tasimacilik.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Reysas Tasimacilik on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Reysas Tasimacilik ve or generate 0.0% return on investment in Reysas Tasimacilik over 720 days. Reysas Tasimacilik is related to or competes with Bms Birlesik, Gentas Genel, E Data, Akcansa Cimento, Creditwest Faktoring, and Politeknik Metal. Reysas Tasimacilik ve Lojistik Ticaret A.S More
Reysas Tasimacilik 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 Reysas Tasimacilik'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 Reysas Tasimacilik ve upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.1717 | |||
| Maximum Drawdown | 17.16 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 9.93 |
Reysas Tasimacilik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reysas Tasimacilik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reysas Tasimacilik's standard deviation. In reality, there are many statistical measures that can use Reysas Tasimacilik historical prices to predict the future Reysas Tasimacilik's volatility.| Risk Adjusted Performance | 0.153 | |||
| Jensen Alpha | 0.6929 | |||
| Total Risk Alpha | 0.2293 | |||
| Sortino Ratio | 0.191 | |||
| Treynor Ratio | 0.7889 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reysas Tasimacilik's 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.
Reysas Tasimacilik Backtested Returns
Reysas Tasimacilik appears to be not too volatile, given 3 months investment horizon. Reysas Tasimacilik maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Reysas Tasimacilik's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please evaluate Reysas Tasimacilik's Semi Deviation of 2.98, coefficient of variation of 501.7, and Risk Adjusted Performance of 0.153 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Reysas Tasimacilik holds a performance score of 14. The company holds a Beta of 1.01, which implies a somewhat significant risk relative to the market. Reysas Tasimacilik returns are very sensitive to returns on the market. As the market goes up or down, Reysas Tasimacilik is expected to follow. Please check Reysas Tasimacilik's maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and rate of daily change , to make a quick decision on whether Reysas Tasimacilik's historical price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Reysas Tasimacilik ve has average predictability. Overlapping area represents the amount of predictability between Reysas Tasimacilik time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Reysas Tasimacilik price movement. The serial correlation of 0.49 indicates that about 49.0% of current Reysas Tasimacilik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 10.08 |
Reysas Tasimacilik lagged returns against current returns
Autocorrelation, which is Reysas Tasimacilik 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 Reysas Tasimacilik's stock expected returns. We can calculate the autocorrelation of Reysas Tasimacilik returns to help us make a trade decision. For example, suppose you find that Reysas Tasimacilik 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 |
Reysas Tasimacilik 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 Reysas Tasimacilik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reysas Tasimacilik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reysas Tasimacilik stock over time.
Current vs Lagged Prices |
| Timeline |
Reysas Tasimacilik Lagged Returns
When evaluating Reysas Tasimacilik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reysas Tasimacilik stock have on its future price. Reysas Tasimacilik 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, Reysas Tasimacilik autocorrelation shows the relationship between Reysas Tasimacilik stock current value and its past values and can show if there is a momentum factor associated with investing in Reysas Tasimacilik ve.
Regressed Prices |
| Timeline |
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Other Information on Investing in Reysas Stock
Reysas Tasimacilik financial ratios help investors to determine whether Reysas 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 Reysas with respect to the benefits of owning Reysas Tasimacilik security.