Sekerbank TAS (Turkey) Market Value
| SKBNK Stock | TRY 4.36 0.06 1.40% |
| Symbol | Sekerbank |
Sekerbank TAS '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 Sekerbank TAS'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 Sekerbank TAS.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Sekerbank TAS on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sekerbank TAS or generate 0.0% return on investment in Sekerbank TAS over 90 days. Sekerbank TAS is related to or competes with Turkiye Sinai, Yapi Ve, Kardemir Karabuk, Turkiye Is, and Emlak Konut. Sekerbank T.A.S. provides enterprise, agricultural, commercialSME, corporate, and retail banking services in Turkey More
Sekerbank TAS 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 Sekerbank TAS'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 Sekerbank TAS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.55 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.87 |
Sekerbank TAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sekerbank TAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sekerbank TAS's standard deviation. In reality, there are many statistical measures that can use Sekerbank TAS historical prices to predict the future Sekerbank TAS's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.0705 | |||
| Treynor Ratio | 0.4565 |
Sekerbank TAS Backtested Returns
Sekerbank TAS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0828, which indicates the firm had a -0.0828 % return per unit of risk over the last 3 months. Sekerbank TAS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sekerbank TAS's Risk Adjusted Performance of (0.07), variance of 5.02, and Coefficient Of Variation of (1,120) to confirm the risk estimate we provide. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sekerbank TAS are expected to decrease at a much lower rate. During the bear market, Sekerbank TAS is likely to outperform the market. At this point, Sekerbank TAS has a negative expected return of -0.19%. Please make sure to validate Sekerbank TAS's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Sekerbank TAS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.81 |
Excellent reverse predictability
Sekerbank TAS has excellent reverse predictability. Overlapping area represents the amount of predictability between Sekerbank TAS time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Sekerbank TAS price movement. The serial correlation of -0.81 indicates that around 81.0% of current Sekerbank TAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sekerbank TAS lagged returns against current returns
Autocorrelation, which is Sekerbank TAS 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 Sekerbank TAS's stock expected returns. We can calculate the autocorrelation of Sekerbank TAS returns to help us make a trade decision. For example, suppose you find that Sekerbank TAS 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 |
Sekerbank TAS 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 Sekerbank TAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sekerbank TAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sekerbank TAS stock over time.
Current vs Lagged Prices |
| Timeline |
Sekerbank TAS Lagged Returns
When evaluating Sekerbank TAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sekerbank TAS stock have on its future price. Sekerbank TAS 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, Sekerbank TAS autocorrelation shows the relationship between Sekerbank TAS stock current value and its past values and can show if there is a momentum factor associated with investing in Sekerbank TAS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Sekerbank Stock
Sekerbank TAS financial ratios help investors to determine whether Sekerbank 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 Sekerbank with respect to the benefits of owning Sekerbank TAS security.