Bayrak EBT (Turkey) Market Value
| BAYRK Stock | TRY 17.91 0.03 0.17% |
| Symbol | Bayrak |
Bayrak EBT '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 Bayrak EBT'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 Bayrak EBT.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Bayrak EBT on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Bayrak EBT Taban or generate 0.0% return on investment in Bayrak EBT over 30 days. Bayrak EBT is related to or competes with Desa Deri, Derimod Konfeksiyon, Mackolik Internet, Ford Otomotiv, Akbank TAS, and Koza Anadolu. Bayrak Ebt Taban Sanayi Ve Ticaret Anonim Sirketi engages in manufacturing PVC and thermo shoe soles for various brands More
Bayrak EBT 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 Bayrak EBT'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 Bayrak EBT Taban upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 15.62 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 4.64 |
Bayrak EBT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bayrak EBT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bayrak EBT's standard deviation. In reality, there are many statistical measures that can use Bayrak EBT historical prices to predict the future Bayrak EBT's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 1.08 |
Bayrak EBT Taban Backtested Returns
Bayrak EBT Taban secures Sharpe Ratio (or Efficiency) of -0.0571, which signifies that the company had a -0.0571% return per unit of risk over the last 3 months. Bayrak EBT Taban exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayrak EBT's Standard Deviation of 2.99, mean deviation of 1.94, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bayrak EBT are expected to decrease at a much lower rate. During the bear market, Bayrak EBT is likely to outperform the market. At this point, Bayrak EBT Taban has a negative expected return of -0.17%. Please make sure to confirm Bayrak EBT'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 Bayrak EBT Taban performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Bayrak EBT Taban has weak reverse predictability. Overlapping area represents the amount of predictability between Bayrak EBT 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 Bayrak EBT Taban price movement. The serial correlation of -0.23 indicates that over 23.0% of current Bayrak EBT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Bayrak EBT Taban lagged returns against current returns
Autocorrelation, which is Bayrak EBT 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 Bayrak EBT's stock expected returns. We can calculate the autocorrelation of Bayrak EBT returns to help us make a trade decision. For example, suppose you find that Bayrak EBT 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 |
Bayrak EBT 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 Bayrak EBT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bayrak EBT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bayrak EBT stock over time.
Current vs Lagged Prices |
| Timeline |
Bayrak EBT Lagged Returns
When evaluating Bayrak EBT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bayrak EBT stock have on its future price. Bayrak EBT 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, Bayrak EBT autocorrelation shows the relationship between Bayrak EBT stock current value and its past values and can show if there is a momentum factor associated with investing in Bayrak EBT Taban.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bayrak Stock
Bayrak EBT financial ratios help investors to determine whether Bayrak 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 Bayrak with respect to the benefits of owning Bayrak EBT security.