Aciselsan Acipayam (Turkey) Market Value
| ACSEL Stock | TRY 127.50 3.00 2.30% |
| Symbol | Aciselsan |
Aciselsan Acipayam '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 Aciselsan Acipayam'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 Aciselsan Acipayam.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Aciselsan Acipayam on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Aciselsan Acipayam Seluloz or generate 0.0% return on investment in Aciselsan Acipayam over 360 days. Aciselsan Acipayam is related to or competes with CEO Event, Koza Anadolu, Bms Birlesik, Politeknik Metal, Trabzonspor Sportif, Sekerbank TAS, and Silverline Endustri. Aciselsan Acipayam Seluloz Sanayi Ve Ticaret A.S More
Aciselsan Acipayam 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 Aciselsan Acipayam'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 Aciselsan Acipayam Seluloz upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.37 |
Aciselsan Acipayam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aciselsan Acipayam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aciselsan Acipayam's standard deviation. In reality, there are many statistical measures that can use Aciselsan Acipayam historical prices to predict the future Aciselsan Acipayam's volatility.| Risk Adjusted Performance | 0.0071 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0297 |
Aciselsan Acipayam Backtested Returns
Aciselsan Acipayam is very steady at the moment. Aciselsan Acipayam secures Sharpe Ratio (or Efficiency) of 0.0341, which signifies that the company had a 0.0341% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aciselsan Acipayam Seluloz, which you can use to evaluate the volatility of the firm. Please confirm Aciselsan Acipayam's Risk Adjusted Performance of 0.0071, downside deviation of 2.08, and Mean Deviation of 1.71 to double-check if the risk estimate we provide is consistent with the expected return of 0.0806%. Aciselsan Acipayam has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aciselsan Acipayam are expected to decrease at a much lower rate. During the bear market, Aciselsan Acipayam is likely to outperform the market. Aciselsan Acipayam right now shows a risk of 2.36%. Please confirm Aciselsan Acipayam jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Aciselsan Acipayam will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Aciselsan Acipayam Seluloz has very good reverse predictability. Overlapping area represents the amount of predictability between Aciselsan Acipayam time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Aciselsan Acipayam price movement. The serial correlation of -0.7 indicates that around 70.0% of current Aciselsan Acipayam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 165.3 |
Aciselsan Acipayam lagged returns against current returns
Autocorrelation, which is Aciselsan Acipayam 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 Aciselsan Acipayam's stock expected returns. We can calculate the autocorrelation of Aciselsan Acipayam returns to help us make a trade decision. For example, suppose you find that Aciselsan Acipayam 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 |
Aciselsan Acipayam 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 Aciselsan Acipayam stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aciselsan Acipayam stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aciselsan Acipayam stock over time.
Current vs Lagged Prices |
| Timeline |
Aciselsan Acipayam Lagged Returns
When evaluating Aciselsan Acipayam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aciselsan Acipayam stock have on its future price. Aciselsan Acipayam 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, Aciselsan Acipayam autocorrelation shows the relationship between Aciselsan Acipayam stock current value and its past values and can show if there is a momentum factor associated with investing in Aciselsan Acipayam Seluloz.
Regressed Prices |
| Timeline |
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Other Information on Investing in Aciselsan Stock
Aciselsan Acipayam financial ratios help investors to determine whether Aciselsan 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 Aciselsan with respect to the benefits of owning Aciselsan Acipayam security.