Vestel Elektronik (Turkey) Market Value
| VESTL Stock | TRY 55.95 1.45 2.53% |
| Symbol | Vestel |
Vestel Elektronik '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 Vestel Elektronik'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 Vestel Elektronik.
| 01/02/2025 |
| 03/03/2025 |
If you would invest 0.00 in Vestel Elektronik on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Vestel Elektronik Sanayi or generate 0.0% return on investment in Vestel Elektronik over 60 days. Vestel Elektronik is related to or competes with Arcelik AS, Vestel Beyaz, Eregli Demir, Turkiye Sise, and Turkcell Iletisim. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white g... More
Vestel Elektronik 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 Vestel Elektronik'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 Vestel Elektronik Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 2.8 |
Vestel Elektronik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vestel Elektronik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vestel Elektronik's standard deviation. In reality, there are many statistical measures that can use Vestel Elektronik historical prices to predict the future Vestel Elektronik's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.54 |
Vestel Elektronik Sanayi Backtested Returns
Vestel Elektronik Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0806, which indicates the firm had a -0.0806 % return per unit of risk over the last 3 months. Vestel Elektronik Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestel Elektronik's Coefficient Of Variation of (1,144), variance of 4.95, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vestel Elektronik are expected to decrease at a much lower rate. During the bear market, Vestel Elektronik is likely to outperform the market. At this point, Vestel Elektronik Sanayi has a negative expected return of -0.18%. Please make sure to validate Vestel Elektronik's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Vestel Elektronik Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Vestel Elektronik Sanayi has modest predictability. Overlapping area represents the amount of predictability between Vestel Elektronik time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd 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 Vestel Elektronik Sanayi price movement. The serial correlation of 0.52 indicates that about 52.0% of current Vestel Elektronik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.87 |
Vestel Elektronik Sanayi lagged returns against current returns
Autocorrelation, which is Vestel Elektronik 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 Vestel Elektronik's stock expected returns. We can calculate the autocorrelation of Vestel Elektronik returns to help us make a trade decision. For example, suppose you find that Vestel Elektronik 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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Vestel Elektronik 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 Vestel Elektronik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vestel Elektronik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vestel Elektronik stock over time.
Current vs Lagged Prices |
| Timeline |
Vestel Elektronik Lagged Returns
When evaluating Vestel Elektronik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vestel Elektronik stock have on its future price. Vestel Elektronik 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, Vestel Elektronik autocorrelation shows the relationship between Vestel Elektronik stock current value and its past values and can show if there is a momentum factor associated with investing in Vestel Elektronik Sanayi.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Vestel Stock
Vestel Elektronik financial ratios help investors to determine whether Vestel 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 Vestel with respect to the benefits of owning Vestel Elektronik security.