Birlik Mensucat (Turkey) Volatility
| BRMEN Stock | TRY 5.22 0.17 3.37% |
Birlik Mensucat Ticaret secures Sharpe Ratio (or Efficiency) of -0.0021, which signifies that the company had a -0.0021% return per unit of risk over the last 3 months. Birlik Mensucat Ticaret exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Birlik Mensucat's Downside Deviation of 4.22, risk adjusted performance of 0.0111, and Mean Deviation of 3.77 to double-check the risk estimate we provide. Key indicators related to Birlik Mensucat's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Birlik Mensucat Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Birlik daily returns, and it is calculated using variance and standard deviation. We also use Birlik's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Birlik Mensucat volatility.
Birlik |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Birlik Mensucat at lower prices. For example, an investor can purchase Birlik stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with Birlik Stock
Moving against Birlik Stock
Birlik Mensucat Market Sensitivity And Downside Risk
Birlik Mensucat's beta coefficient measures the volatility of Birlik stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Birlik stock's returns against your selected market. In other words, Birlik Mensucat's beta of 1.24 provides an investor with an approximation of how much risk Birlik Mensucat stock can potentially add to one of your existing portfolios. Birlik Mensucat Ticaret exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Birlik Mensucat's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Birlik Mensucat's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Birlik Mensucat Ticaret Demand TrendCheck current 90 days Birlik Mensucat correlation with market (Dow Jones Industrial)Birlik Beta |
Birlik standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 4.96 |
It is essential to understand the difference between upside risk (as represented by Birlik Mensucat's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Birlik Mensucat's daily returns or price. Since the actual investment returns on holding a position in birlik stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Birlik Mensucat.
Birlik Mensucat Ticaret Stock Volatility Analysis
Volatility refers to the frequency at which Birlik Mensucat stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Birlik Mensucat's price changes. Investors will then calculate the volatility of Birlik Mensucat's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Birlik Mensucat's volatility:
Historical Volatility
This type of stock volatility measures Birlik Mensucat's fluctuations based on previous trends. It's commonly used to predict Birlik Mensucat's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Birlik Mensucat's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Birlik Mensucat's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Birlik Mensucat Ticaret Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Birlik Mensucat Projected Return Density Against Market
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.2352 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Birlik Mensucat will likely underperform.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Birlik Mensucat or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Birlik Mensucat's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Birlik stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Birlik Mensucat Ticaret has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Birlik Mensucat Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Birlik Mensucat Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Birlik Mensucat is -46846.05. The daily returns are distributed with a variance of 24.57 and standard deviation of 4.96. The mean deviation of Birlik Mensucat Ticaret is currently at 3.79. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 1.24 | |
σ | Overall volatility | 4.96 | |
Ir | Information ratio | -0.0032 |
Birlik Mensucat Stock Return Volatility
Birlik Mensucat historical daily return volatility represents how much of Birlik Mensucat stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 4.957% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7982% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Birlik Mensucat Volatility
Volatility is a rate at which the price of Birlik Mensucat or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Birlik Mensucat may increase or decrease. In other words, similar to Birlik's beta indicator, it measures the risk of Birlik Mensucat and helps estimate the fluctuations that may happen in a short period of time. So if prices of Birlik Mensucat fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Birlik Mensucat Ticaret ve Sanayi Isletmesi A.S. manufactures and sells cotton yarns in Turkey and internationally. The company was founded in 1953 and is based in Kayseri, Turkey. BIRLIK MENSUCAT is traded on Istanbul Stock Exchange in Turkey.
Birlik Mensucat's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Birlik Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Birlik Mensucat's price varies over time.
3 ways to utilize Birlik Mensucat's volatility to invest better
Higher Birlik Mensucat's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Birlik Mensucat Ticaret stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Birlik Mensucat Ticaret stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Birlik Mensucat Ticaret investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Birlik Mensucat's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Birlik Mensucat's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Birlik Mensucat Investment Opportunity
Birlik Mensucat Ticaret has a volatility of 4.96 and is 6.2 times more volatile than Dow Jones Industrial. 44 percent of all equities and portfolios are less risky than Birlik Mensucat. You can use Birlik Mensucat Ticaret to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Birlik Mensucat to be traded at 6.26 in 90 days.Modest diversification
The correlation between Birlik Mensucat Ticaret and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Birlik Mensucat Ticaret and DJI in the same portfolio, assuming nothing else is changed.
Birlik Mensucat Additional Risk Indicators
The analysis of Birlik Mensucat's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Birlik Mensucat's investment and either accepting that risk or mitigating it. Along with some common measures of Birlik Mensucat stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0111 | |||
| Market Risk Adjusted Performance | 0.0154 | |||
| Mean Deviation | 3.77 | |||
| Semi Deviation | 4.11 | |||
| Downside Deviation | 4.22 | |||
| Coefficient Of Variation | 29598.81 | |||
| Standard Deviation | 4.92 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Birlik Mensucat Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Birlik Mensucat as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Birlik Mensucat's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Birlik Mensucat's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Birlik Mensucat Ticaret.
Complementary Tools for Birlik Stock analysis
When running Birlik Mensucat's price analysis, check to measure Birlik Mensucat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Birlik Mensucat is operating at the current time. Most of Birlik Mensucat's value examination focuses on studying past and present price action to predict the probability of Birlik Mensucat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Birlik Mensucat's price. Additionally, you may evaluate how the addition of Birlik Mensucat to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |