Verusaturk Girisim (Turkey) Market Value
| VERTU Stock | TRY 36.04 0.20 0.56% |
| Symbol | Verusaturk |
Verusaturk Girisim '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 Verusaturk Girisim'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 Verusaturk Girisim.
| 09/30/2024 |
| 12/29/2024 |
If you would invest 0.00 in Verusaturk Girisim on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Verusaturk Girisim Sermayesi or generate 0.0% return on investment in Verusaturk Girisim over 90 days. Verusaturk Girisim is related to or competes with Aksa Akrilik, Tofas Turk, and AK Sigorta. Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S More
Verusaturk Girisim 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 Verusaturk Girisim'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 Verusaturk Girisim Sermayesi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.52 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 1.83 |
Verusaturk Girisim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Verusaturk Girisim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verusaturk Girisim's standard deviation. In reality, there are many statistical measures that can use Verusaturk Girisim historical prices to predict the future Verusaturk Girisim's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (1.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Verusaturk Girisim'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.
Verusaturk Girisim Backtested Returns
Verusaturk Girisim owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Verusaturk Girisim Sermayesi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verusaturk Girisim's Coefficient Of Variation of (635.99), variance of 1.88, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Verusaturk Girisim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Verusaturk Girisim is expected to be smaller as well. At this point, Verusaturk Girisim has a negative expected return of -0.22%. Please make sure to validate Verusaturk Girisim's value at risk and rate of daily change , to decide if Verusaturk Girisim performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Verusaturk Girisim Sermayesi has good predictability. Overlapping area represents the amount of predictability between Verusaturk Girisim time series from 30th of September 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Verusaturk Girisim price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Verusaturk Girisim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.49 |
Verusaturk Girisim lagged returns against current returns
Autocorrelation, which is Verusaturk Girisim 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 Verusaturk Girisim's stock expected returns. We can calculate the autocorrelation of Verusaturk Girisim returns to help us make a trade decision. For example, suppose you find that Verusaturk Girisim 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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Verusaturk Girisim 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 Verusaturk Girisim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verusaturk Girisim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verusaturk Girisim stock over time.
Current vs Lagged Prices |
| Timeline |
Verusaturk Girisim Lagged Returns
When evaluating Verusaturk Girisim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verusaturk Girisim stock have on its future price. Verusaturk Girisim 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, Verusaturk Girisim autocorrelation shows the relationship between Verusaturk Girisim stock current value and its past values and can show if there is a momentum factor associated with investing in Verusaturk Girisim Sermayesi.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Verusaturk Stock
Verusaturk Girisim financial ratios help investors to determine whether Verusaturk 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 Verusaturk with respect to the benefits of owning Verusaturk Girisim security.