Adese Gayrimenkul (Turkey) Market Value
| ADESE Stock | TRY 2.28 0.03 1.33% |
| Symbol | Adese |
Adese Gayrimenkul '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 Adese Gayrimenkul'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 Adese Gayrimenkul.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Adese Gayrimenkul on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Adese Gayrimenkul Yatirim or generate 0.0% return on investment in Adese Gayrimenkul over 30 days. Adese Gayrimenkul is related to or competes with Trabzon Liman, Bayrak EBT, Alkim Kagit, Federal Mogul, Atlas Menkul, Kartonsan Karton, and Cemtas Celik. Adese Gayrimenkul Yatirim A.S. primarily engages in the retail of fruits and vegetables in Turkey More
Adese Gayrimenkul 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 Adese Gayrimenkul'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 Adese Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.0789 | |||
| Maximum Drawdown | 15.08 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 4.0 |
Adese Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adese Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adese Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Adese Gayrimenkul historical prices to predict the future Adese Gayrimenkul's volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | 0.246 | |||
| Total Risk Alpha | 0.1636 | |||
| Sortino Ratio | 0.0781 | |||
| Treynor Ratio | (1.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adese Gayrimenkul'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.
Adese Gayrimenkul Yatirim Backtested Returns
Adese Gayrimenkul appears to be very risky, given 3 months investment horizon. Adese Gayrimenkul Yatirim secures Sharpe Ratio (or Efficiency) of 0.0777, which signifies that the company had a 0.0777% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Adese Gayrimenkul Yatirim, which you can use to evaluate the volatility of the firm. Please makes use of Adese Gayrimenkul's risk adjusted performance of 0.0788, and Mean Deviation of 1.97 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adese Gayrimenkul holds a performance score of 6. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Adese Gayrimenkul are expected to decrease at a much lower rate. During the bear market, Adese Gayrimenkul is likely to outperform the market. Please check Adese Gayrimenkul's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Adese Gayrimenkul's price patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Adese Gayrimenkul Yatirim has very good predictability. Overlapping area represents the amount of predictability between Adese Gayrimenkul 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 Adese Gayrimenkul Yatirim price movement. The serial correlation of 0.8 indicates that around 80.0% of current Adese Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Adese Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Adese Gayrimenkul 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 Adese Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Adese Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Adese Gayrimenkul 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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Adese Gayrimenkul 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 Adese Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adese Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adese Gayrimenkul stock over time.
Current vs Lagged Prices |
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Adese Gayrimenkul Lagged Returns
When evaluating Adese Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adese Gayrimenkul stock have on its future price. Adese Gayrimenkul 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, Adese Gayrimenkul autocorrelation shows the relationship between Adese Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Adese Gayrimenkul Yatirim.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Adese Stock
Adese Gayrimenkul financial ratios help investors to determine whether Adese 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 Adese with respect to the benefits of owning Adese Gayrimenkul security.