Yukselen Celik (Turkey) Market Value
| YKSLN Stock | TRY 7.31 0.07 0.97% |
| Symbol | Yukselen |
Yukselen Celik '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 Yukselen Celik'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 Yukselen Celik.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Yukselen Celik on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Yukselen Celik As or generate 0.0% return on investment in Yukselen Celik over 30 days. Yukselen Celik is related to or competes with Eregli Demir, Iskenderun Demir, Borusan Yatirim, Kardemir Karabuk, Kardemir Karabuk, Kardemir Karabuk, and Borusan Mannesmann. Yukselen Celik Anonim Sirketi manufactures and sells iron and steel products in Turkey, Europe, the Middle East, North A... More
Yukselen Celik 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 Yukselen Celik'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 Yukselen Celik As upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.46 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 3.31 |
Yukselen Celik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yukselen Celik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yukselen Celik's standard deviation. In reality, there are many statistical measures that can use Yukselen Celik historical prices to predict the future Yukselen Celik's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.84) |
Yukselen Celik As Backtested Returns
Yukselen Celik As shows Sharpe Ratio of -0.0558, which attests that the company had a -0.0558% return per unit of risk over the last 3 months. Yukselen Celik As exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yukselen Celik's Standard Deviation of 2.41, mean deviation of 1.82, and Market Risk Adjusted Performance of (0.83) to validate the risk estimate we provide. The firm maintains a market beta of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yukselen Celik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yukselen Celik is expected to be smaller as well. At this point, Yukselen Celik As has a negative expected return of -0.13%. Please make sure to check out Yukselen Celik's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Yukselen Celik As performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.89 |
Excellent reverse predictability
Yukselen Celik As has excellent reverse predictability. Overlapping area represents the amount of predictability between Yukselen Celik time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Yukselen Celik As price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Yukselen Celik price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Yukselen Celik As lagged returns against current returns
Autocorrelation, which is Yukselen Celik 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 Yukselen Celik's stock expected returns. We can calculate the autocorrelation of Yukselen Celik returns to help us make a trade decision. For example, suppose you find that Yukselen Celik 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 |
Yukselen Celik 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 Yukselen Celik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yukselen Celik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yukselen Celik stock over time.
Current vs Lagged Prices |
| Timeline |
Yukselen Celik Lagged Returns
When evaluating Yukselen Celik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yukselen Celik stock have on its future price. Yukselen Celik 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, Yukselen Celik autocorrelation shows the relationship between Yukselen Celik stock current value and its past values and can show if there is a momentum factor associated with investing in Yukselen Celik As.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Yukselen Stock
Yukselen Celik financial ratios help investors to determine whether Yukselen 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 Yukselen with respect to the benefits of owning Yukselen Celik security.