Burcelik Bursa (Turkey) Market Value
| BURCE Stock | TRY 18.36 0.09 0.49% |
| Symbol | Burcelik |
Burcelik Bursa '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 Burcelik Bursa'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 Burcelik Bursa.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Burcelik Bursa on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Burcelik Bursa Celik or generate 0.0% return on investment in Burcelik Bursa over 720 days. Burcelik Bursa is related to or competes with Ege Endustri, Turkiye Petrol, Turkiye Garanti, Turkish Airlines, and Ford Otomotiv. Burelik Bursa elik Dkm Sanayii A.S. manufactures and sells heavy machinery, steel castings, and industrial valves in Tur... More
Burcelik Bursa 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 Burcelik Bursa'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 Burcelik Bursa Celik upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.61 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 5.59 |
Burcelik Bursa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Burcelik Bursa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Burcelik Bursa's standard deviation. In reality, there are many statistical measures that can use Burcelik Bursa historical prices to predict the future Burcelik Bursa's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Burcelik Bursa'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.
Burcelik Bursa Celik Backtested Returns
Burcelik Bursa Celik secures Sharpe Ratio (or Efficiency) of -0.0644, which signifies that the company had a -0.0644% return per unit of risk over the last 3 months. Burcelik Bursa Celik exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Burcelik Bursa's Standard Deviation of 3.3, risk adjusted performance of (0.02), and Mean Deviation of 2.52 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Burcelik Bursa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Burcelik Bursa is expected to be smaller as well. At this point, Burcelik Bursa Celik has a negative expected return of -0.21%. Please make sure to confirm Burcelik Bursa's kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Burcelik Bursa Celik performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Burcelik Bursa Celik has weak predictability. Overlapping area represents the amount of predictability between Burcelik Bursa time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th 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 Burcelik Bursa Celik price movement. The serial correlation of 0.2 indicates that over 20.0% of current Burcelik Bursa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 19.37 |
Burcelik Bursa Celik lagged returns against current returns
Autocorrelation, which is Burcelik Bursa 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 Burcelik Bursa's stock expected returns. We can calculate the autocorrelation of Burcelik Bursa returns to help us make a trade decision. For example, suppose you find that Burcelik Bursa 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 |
Burcelik Bursa 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 Burcelik Bursa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Burcelik Bursa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Burcelik Bursa stock over time.
Current vs Lagged Prices |
| Timeline |
Burcelik Bursa Lagged Returns
When evaluating Burcelik Bursa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Burcelik Bursa stock have on its future price. Burcelik Bursa 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, Burcelik Bursa autocorrelation shows the relationship between Burcelik Bursa stock current value and its past values and can show if there is a momentum factor associated with investing in Burcelik Bursa Celik.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Burcelik Stock
Burcelik Bursa financial ratios help investors to determine whether Burcelik 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 Burcelik with respect to the benefits of owning Burcelik Bursa security.