Baticim Bati (Turkey) Market Value
| BTCIM Stock | TRY 136.00 1.60 1.19% |
| Symbol | Baticim |
Baticim Bati '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 Baticim Bati'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 Baticim Bati.
| 10/30/2023 |
| 12/23/2024 |
If you would invest 0.00 in Baticim Bati on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Baticim Bati Anadolu or generate 0.0% return on investment in Baticim Bati over 420 days. Baticim Bati is related to or competes with Silverline Endustri, Cuhadaroglu Metal, Gentas Genel, Trabzonspor Sportif, Bms Birlesik, Galatasaray Sportif, and Turkish Airlines. Batiim Bati Anadolu imento Sanayii Anonim Sirketi operates in the cement industry in Turkey More
Baticim Bati 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 Baticim Bati'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 Baticim Bati Anadolu upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 15.1 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 4.63 |
Baticim Bati Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baticim Bati's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baticim Bati's standard deviation. In reality, there are many statistical measures that can use Baticim Bati historical prices to predict the future Baticim Bati's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.6642 |
Baticim Bati Anadolu Backtested Returns
Baticim Bati Anadolu secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Baticim Bati Anadolu exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baticim Bati's Mean Deviation of 2.03, standard deviation of 2.93, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Baticim Bati are expected to decrease at a much lower rate. During the bear market, Baticim Bati is likely to outperform the market. At this point, Baticim Bati Anadolu has a negative expected return of -0.37%. Please make sure to confirm Baticim Bati's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Baticim Bati Anadolu performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.5 |
Modest reverse predictability
Baticim Bati Anadolu has modest reverse predictability. Overlapping area represents the amount of predictability between Baticim Bati time series from 30th of October 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Baticim Bati Anadolu price movement. The serial correlation of -0.5 indicates that about 50.0% of current Baticim Bati price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 892.54 |
Baticim Bati Anadolu lagged returns against current returns
Autocorrelation, which is Baticim Bati 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 Baticim Bati's stock expected returns. We can calculate the autocorrelation of Baticim Bati returns to help us make a trade decision. For example, suppose you find that Baticim Bati 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 |
Baticim Bati 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 Baticim Bati stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baticim Bati stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baticim Bati stock over time.
Current vs Lagged Prices |
| Timeline |
Baticim Bati Lagged Returns
When evaluating Baticim Bati's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baticim Bati stock have on its future price. Baticim Bati 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, Baticim Bati autocorrelation shows the relationship between Baticim Bati stock current value and its past values and can show if there is a momentum factor associated with investing in Baticim Bati Anadolu.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Baticim Stock
Baticim Bati financial ratios help investors to determine whether Baticim 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 Baticim with respect to the benefits of owning Baticim Bati security.