Datagate Bilgisayar (Turkey) Market Value
| DGATE Stock | TRY 41.02 1.32 3.32% |
| Symbol | Datagate |
Datagate Bilgisayar '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 Datagate Bilgisayar'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 Datagate Bilgisayar.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Datagate Bilgisayar on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Datagate Bilgisayar Malzemeleri or generate 0.0% return on investment in Datagate Bilgisayar over 30 days. Datagate Bilgisayar is related to or competes with Tofas Turk, Tekfen Holding, Aksa Akrilik, and Vestel Beyaz. Datagate Bilgisayar Malzemeleri Ticaret Anonim Sirketi distributes technology products in Turkey More
Datagate Bilgisayar 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 Datagate Bilgisayar'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 Datagate Bilgisayar Malzemeleri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.37 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 5.41 |
Datagate Bilgisayar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datagate Bilgisayar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datagate Bilgisayar's standard deviation. In reality, there are many statistical measures that can use Datagate Bilgisayar historical prices to predict the future Datagate Bilgisayar's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.015 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1261 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Datagate Bilgisayar'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.
Datagate Bilgisayar Backtested Returns
Datagate Bilgisayar secures Sharpe Ratio (or Efficiency) of -0.0538, which denotes the company had a -0.0538% return per unit of risk over the last 3 months. Datagate Bilgisayar Malzemeleri exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Datagate Bilgisayar's Coefficient Of Variation of 3490.05, downside deviation of 2.88, and Mean Deviation of 2.33 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, Datagate Bilgisayar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Datagate Bilgisayar is expected to be smaller as well. At this point, Datagate Bilgisayar has a negative expected return of -0.15%. Please make sure to confirm Datagate Bilgisayar's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Datagate Bilgisayar performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Datagate Bilgisayar Malzemeleri has very weak predictability. Overlapping area represents the amount of predictability between Datagate Bilgisayar time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Datagate Bilgisayar price movement. The serial correlation of 0.16 indicates that over 16.0% of current Datagate Bilgisayar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Datagate Bilgisayar lagged returns against current returns
Autocorrelation, which is Datagate Bilgisayar 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 Datagate Bilgisayar's stock expected returns. We can calculate the autocorrelation of Datagate Bilgisayar returns to help us make a trade decision. For example, suppose you find that Datagate Bilgisayar 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 |
Datagate Bilgisayar 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 Datagate Bilgisayar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datagate Bilgisayar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datagate Bilgisayar stock over time.
Current vs Lagged Prices |
| Timeline |
Datagate Bilgisayar Lagged Returns
When evaluating Datagate Bilgisayar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Datagate Bilgisayar stock have on its future price. Datagate Bilgisayar 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, Datagate Bilgisayar autocorrelation shows the relationship between Datagate Bilgisayar stock current value and its past values and can show if there is a momentum factor associated with investing in Datagate Bilgisayar Malzemeleri.
Regressed Prices |
| Timeline |
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Other Information on Investing in Datagate Stock
Datagate Bilgisayar financial ratios help investors to determine whether Datagate 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 Datagate with respect to the benefits of owning Datagate Bilgisayar security.