Turkiye Sise (Turkey) Market Value
| SISE Stock | TRY 40.70 0.60 1.50% |
| Symbol | Turkiye |
Turkiye Sise '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 Turkiye Sise'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 Turkiye Sise.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Turkiye Sise on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Sise ve or generate 0.0% return on investment in Turkiye Sise over 90 days. Turkiye Sise is related to or competes with Eregli Demir, Turkiye Petrol, Turkish Airlines, Ford Otomotiv, and Koc Holding. Trkiye Sise Ve Cam Fabrikalari A.S. manufactures and sells glass products in Turkey, Russia, Ukraine, Georgia, Europe, a... More
Turkiye Sise 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 Turkiye Sise'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 Turkiye Sise ve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0311 | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.17 |
Turkiye Sise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Sise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Sise's standard deviation. In reality, there are many statistical measures that can use Turkiye Sise historical prices to predict the future Turkiye Sise's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.17 | |||
| Treynor Ratio | 0.6682 |
Turkiye Sise ve Backtested Returns
Turkiye Sise ve owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.015, which indicates the firm had a -0.015 % return per unit of risk over the last 3 months. Turkiye Sise ve exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turkiye Sise's Variance of 3.19, coefficient of variation of (4,096), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.0802, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Turkiye Sise are expected to decrease at a much lower rate. During the bear market, Turkiye Sise is likely to outperform the market. At this point, Turkiye Sise ve has a negative expected return of -0.0262%. Please make sure to validate Turkiye Sise's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Turkiye Sise ve performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Turkiye Sise ve has poor reverse predictability. Overlapping area represents the amount of predictability between Turkiye Sise time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 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 Turkiye Sise ve price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Turkiye Sise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 2.42 |
Turkiye Sise ve lagged returns against current returns
Autocorrelation, which is Turkiye Sise 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 Turkiye Sise's stock expected returns. We can calculate the autocorrelation of Turkiye Sise returns to help us make a trade decision. For example, suppose you find that Turkiye Sise 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 |
Turkiye Sise 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 Turkiye Sise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Turkiye Sise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Turkiye Sise stock over time.
Current vs Lagged Prices |
| Timeline |
Turkiye Sise Lagged Returns
When evaluating Turkiye Sise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Turkiye Sise stock have on its future price. Turkiye Sise 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, Turkiye Sise autocorrelation shows the relationship between Turkiye Sise stock current value and its past values and can show if there is a momentum factor associated with investing in Turkiye Sise ve.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Turkiye Stock Analysis
When running Turkiye Sise's price analysis, check to measure Turkiye Sise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turkiye Sise is operating at the current time. Most of Turkiye Sise's value examination focuses on studying past and present price action to predict the probability of Turkiye Sise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkiye Sise's price. Additionally, you may evaluate how the addition of Turkiye Sise to your portfolios can decrease your overall portfolio volatility.