Brisa Bridgestone (Turkey) Market Value

BRISA Stock  TRY 92.25  0.15  0.16%   
Brisa Bridgestone's market value is the price at which a share of Brisa Bridgestone trades on a public exchange. It measures the collective expectations of Brisa Bridgestone Sabanci investors about its performance. Brisa Bridgestone is trading at 92.25 as of the 14th of December 2024. This is a 0.16 percent up since the beginning of the trading day. The stock's open price was 92.1.
With this module, you can estimate the performance of a buy and hold strategy of Brisa Bridgestone Sabanci and determine expected loss or profit from investing in Brisa Bridgestone over a given investment horizon. Check out Brisa Bridgestone Correlation, Brisa Bridgestone Volatility and Brisa Bridgestone Alpha and Beta module to complement your research on Brisa Bridgestone.
Symbol

Please note, there is a significant difference between Brisa Bridgestone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brisa Bridgestone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brisa Bridgestone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Brisa Bridgestone '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 Brisa Bridgestone'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 Brisa Bridgestone.
0.00
11/14/2024
No Change 0.00  0.0 
In 31 days
12/14/2024
0.00
If you would invest  0.00  in Brisa Bridgestone on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Brisa Bridgestone Sabanci or generate 0.0% return on investment in Brisa Bridgestone over 30 days. Brisa Bridgestone is related to or competes with QNB Finans, Pamel Yenilenebilir, Logo Yazilim, Prizma Pres, Besiktas Futbol, Euro Menkul, and Yunsa Yunlu. Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S More

Brisa Bridgestone 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 Brisa Bridgestone'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 Brisa Bridgestone Sabanci upside and downside potential and time the market with a certain degree of confidence.

Brisa Bridgestone Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brisa Bridgestone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brisa Bridgestone's standard deviation. In reality, there are many statistical measures that can use Brisa Bridgestone historical prices to predict the future Brisa Bridgestone's volatility.
Hype
Prediction
LowEstimatedHigh
89.9592.2594.55
Details
Intrinsic
Valuation
LowRealHigh
72.7975.09101.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Brisa Bridgestone. Your research has to be compared to or analyzed against Brisa Bridgestone's peers to derive any actionable benefits. When done correctly, Brisa Bridgestone's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Brisa Bridgestone Sabanci.

Brisa Bridgestone Sabanci Backtested Returns

Brisa Bridgestone is very steady at the moment. Brisa Bridgestone Sabanci secures Sharpe Ratio (or Efficiency) of 0.0203, which signifies that the company had a 0.0203% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brisa Bridgestone Sabanci, which you can use to evaluate the volatility of the firm. Please confirm Brisa Bridgestone's Downside Deviation of 2.14, mean deviation of 1.72, and Risk Adjusted Performance of 0.0384 to double-check if the risk estimate we provide is consistent with the expected return of 0.0464%. Brisa Bridgestone has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brisa Bridgestone will likely underperform. Brisa Bridgestone Sabanci right now shows a risk of 2.28%. Please confirm Brisa Bridgestone Sabanci standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Brisa Bridgestone Sabanci will be following its price patterns.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Brisa Bridgestone Sabanci has very good reverse predictability. Overlapping area represents the amount of predictability between Brisa Bridgestone time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Brisa Bridgestone Sabanci price movement. The serial correlation of -0.67 indicates that around 67.0% of current Brisa Bridgestone price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.62
Residual Average0.0
Price Variance5.28
Brisa ReturnsBrisa Lagged ReturnsDiversified AwayBrisa ReturnsBrisa Lagged ReturnsDiversified Away100%

Brisa Bridgestone Sabanci lagged returns against current returns

Autocorrelation, which is Brisa Bridgestone 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 Brisa Bridgestone's stock expected returns. We can calculate the autocorrelation of Brisa Bridgestone returns to help us make a trade decision. For example, suppose you find that Brisa Bridgestone 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   
JavaScript chart by amCharts 3.21.15Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 13-5%0%5%10% 100200300400500600700800
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Brisa Bridgestone 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 Brisa Bridgestone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brisa Bridgestone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brisa Bridgestone stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 1392939495969798
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Brisa Bridgestone Lagged Returns

When evaluating Brisa Bridgestone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brisa Bridgestone stock have on its future price. Brisa Bridgestone 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, Brisa Bridgestone autocorrelation shows the relationship between Brisa Bridgestone stock current value and its past values and can show if there is a momentum factor associated with investing in Brisa Bridgestone Sabanci.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Nov 14Nov 18Nov 22Nov 26Nov 30DecDec 08Dec 12919293949596979899
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Brisa Stock

Brisa Bridgestone financial ratios help investors to determine whether Brisa 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 Brisa with respect to the benefits of owning Brisa Bridgestone security.
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