Cimsa Cimento (Turkey) Market Value
| CIMSA Stock | TRY 44.76 0.70 1.59% |
| Symbol | Cimsa |
Cimsa Cimento '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 Cimsa Cimento'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 Cimsa Cimento.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Cimsa Cimento on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Cimsa Cimento Sanayi or generate 0.0% return on investment in Cimsa Cimento over 720 days. Cimsa Cimento is related to or competes with Aksa Akrilik, Tofas Turk, Turk Traktor, Kordsa Global, and Eregli Demir. imsa imento Sanayi ve Ticaret Anonim Sirketi produces and sells cement, clinker, and ready mix concrete in Turkey More
Cimsa Cimento 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 Cimsa Cimento'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 Cimsa Cimento Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.1183 | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 5.23 |
Cimsa Cimento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cimsa Cimento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cimsa Cimento's standard deviation. In reality, there are many statistical measures that can use Cimsa Cimento historical prices to predict the future Cimsa Cimento's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.344 | |||
| Total Risk Alpha | 0.27 | |||
| Sortino Ratio | 0.1407 | |||
| Treynor Ratio | 2.69 |
Cimsa Cimento Sanayi Backtested Returns
Cimsa Cimento appears to be very steady, given 3 months investment horizon. Cimsa Cimento Sanayi secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cimsa Cimento Sanayi, which you can use to evaluate the volatility of the firm. Please makes use of Cimsa Cimento's Mean Deviation of 2.01, downside deviation of 2.31, and Risk Adjusted Performance of 0.1101 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cimsa Cimento holds a performance score of 9. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cimsa Cimento's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cimsa Cimento is expected to be smaller as well. Please check Cimsa Cimento's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Cimsa Cimento's price patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Cimsa Cimento Sanayi has average predictability. Overlapping area represents the amount of predictability between Cimsa Cimento time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 Cimsa Cimento Sanayi price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Cimsa Cimento price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 13.5 |
Cimsa Cimento Sanayi lagged returns against current returns
Autocorrelation, which is Cimsa Cimento 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 Cimsa Cimento's stock expected returns. We can calculate the autocorrelation of Cimsa Cimento returns to help us make a trade decision. For example, suppose you find that Cimsa Cimento 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 |
Cimsa Cimento 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 Cimsa Cimento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cimsa Cimento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cimsa Cimento stock over time.
Current vs Lagged Prices |
| Timeline |
Cimsa Cimento Lagged Returns
When evaluating Cimsa Cimento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cimsa Cimento stock have on its future price. Cimsa Cimento 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, Cimsa Cimento autocorrelation shows the relationship between Cimsa Cimento stock current value and its past values and can show if there is a momentum factor associated with investing in Cimsa Cimento Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Cimsa Stock
Cimsa Cimento financial ratios help investors to determine whether Cimsa 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 Cimsa with respect to the benefits of owning Cimsa Cimento security.