Sinpas Gayrimenkul (Turkey) Market Value
| SNGYO Stock | TRY 3.14 0.04 1.29% |
| Symbol | Sinpas |
Sinpas Gayrimenkul '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 Sinpas Gayrimenkul'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 Sinpas Gayrimenkul.
| 06/11/2023 |
| 01/01/2025 |
If you would invest 0.00 in Sinpas Gayrimenkul on June 11, 2023 and sell it all today you would earn a total of 0.00 from holding Sinpas Gayrimenkul Yatirim or generate 0.0% return on investment in Sinpas Gayrimenkul over 570 days. Sinpas Gayrimenkul is related to or competes with Vestel Elektronik, Eregli Demir, Creditwest Faktoring, Iskenderun Demir, Turk Tuborg, and Turk Telekomunikasyon. Sinpas Holding is a symbol of reputation and reliability in the real estate sector with 45 years of experience More
Sinpas Gayrimenkul 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 Sinpas Gayrimenkul'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 Sinpas Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.045 | |||
| Maximum Drawdown | 13.79 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.26 |
Sinpas Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinpas Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinpas Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Sinpas Gayrimenkul historical prices to predict the future Sinpas Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.1068 | |||
| Total Risk Alpha | 0.1046 | |||
| Sortino Ratio | 0.041 | |||
| Treynor Ratio | 0.4344 |
Sinpas Gayrimenkul Backtested Returns
Sinpas Gayrimenkul appears to be moderately volatile, given 3 months investment horizon. Sinpas Gayrimenkul owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sinpas Gayrimenkul Yatirim, which you can use to evaluate the volatility of the company. Please review Sinpas Gayrimenkul's Coefficient Of Variation of 2016.03, semi deviation of 2.43, and Risk Adjusted Performance of 0.0466 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sinpas Gayrimenkul holds a performance score of 9. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sinpas Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinpas Gayrimenkul is expected to be smaller as well. Please check Sinpas Gayrimenkul's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Sinpas Gayrimenkul's existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Sinpas Gayrimenkul Yatirim has average predictability. Overlapping area represents the amount of predictability between Sinpas Gayrimenkul time series from 11th of June 2023 to 22nd of March 2024 and 22nd of March 2024 to 1st of January 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 Sinpas Gayrimenkul price movement. The serial correlation of 0.49 indicates that about 49.0% of current Sinpas Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Sinpas Gayrimenkul lagged returns against current returns
Autocorrelation, which is Sinpas Gayrimenkul 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 Sinpas Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Sinpas Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Sinpas Gayrimenkul 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 |
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Sinpas Gayrimenkul 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 Sinpas Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinpas Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinpas Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Sinpas Gayrimenkul Lagged Returns
When evaluating Sinpas Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinpas Gayrimenkul stock have on its future price. Sinpas Gayrimenkul 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, Sinpas Gayrimenkul autocorrelation shows the relationship between Sinpas Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Sinpas Gayrimenkul Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Sinpas Stock
Sinpas Gayrimenkul financial ratios help investors to determine whether Sinpas 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 Sinpas with respect to the benefits of owning Sinpas Gayrimenkul security.