DO AG (Turkey) Market Value

DOCO Stock  TRY 6,412  145.00  2.21%   
DO AG's market value is the price at which a share of DO AG trades on a public exchange. It measures the collective expectations of DO AG investors about its performance. DO AG is selling for under 6412.50 as of the 21st of December 2024; that is 2.21 percent decrease since the beginning of the trading day. The stock's lowest day price was 6377.5.
With this module, you can estimate the performance of a buy and hold strategy of DO AG and determine expected loss or profit from investing in DO AG over a given investment horizon. Check out DO AG Correlation, DO AG Volatility and DO AG Alpha and Beta module to complement your research on DO AG.
Symbol

Please note, there is a significant difference between DO AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if DO AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DO AG'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.

DO AG '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 DO AG'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 DO AG.
0.00
11/21/2024
No Change 0.00  0.0 
In 31 days
12/21/2024
0.00
If you would invest  0.00  in DO AG on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding DO AG or generate 0.0% return on investment in DO AG over 30 days. DO AG is related to or competes with Celebi Hava, Dogu Aras, Akbank TAS, Turcas Petrol, Mackolik Internet, and Alfas Solar. DO CO Aktiengesellschaft provides catering services in Austria, Turkey, the United States, Germany, and internationally More

DO AG 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 DO AG'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 DO AG upside and downside potential and time the market with a certain degree of confidence.

DO AG Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DO AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DO AG's standard deviation. In reality, there are many statistical measures that can use DO AG historical prices to predict the future DO AG's volatility.
Hype
Prediction
LowEstimatedHigh
6,4106,4126,415
Details
Intrinsic
Valuation
LowRealHigh
5,1405,1437,054
Details
Naive
Forecast
LowNextHigh
6,5836,5856,588
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,7356,2056,676
Details

DO AG Backtested Returns

DO AG appears to be very steady, given 3 months investment horizon. DO AG retains Efficiency (Sharpe Ratio) of 0.13, which denotes the company had a 0.13% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for DO AG, which you can use to evaluate the volatility of the firm. Please utilize DO AG's Market Risk Adjusted Performance of (3.01), standard deviation of 2.45, and Downside Deviation of 2.02 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DO AG holds a performance score of 10. The firm owns a Beta (Systematic Risk) of -0.0936, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DO AG are expected to decrease at a much lower rate. During the bear market, DO AG is likely to outperform the market. Please check DO AG's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether DO AG's current price history will revert.

Auto-correlation

    
  0.61  

Good predictability

DO AG has good predictability. Overlapping area represents the amount of predictability between DO AG time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 DO AG price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current DO AG price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.8
Residual Average0.0
Price Variance34.5 K

DO AG lagged returns against current returns

Autocorrelation, which is DO AG 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 DO AG's stock expected returns. We can calculate the autocorrelation of DO AG returns to help us make a trade decision. For example, suppose you find that DO AG 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  

DO AG 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 DO AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DO AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DO AG stock over time.
   Current vs Lagged Prices   
       Timeline  

DO AG Lagged Returns

When evaluating DO AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DO AG stock have on its future price. DO AG 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, DO AG autocorrelation shows the relationship between DO AG stock current value and its past values and can show if there is a momentum factor associated with investing in DO AG.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for DOCO Stock Analysis

When running DO AG's price analysis, check to measure DO AG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DO AG is operating at the current time. Most of DO AG's value examination focuses on studying past and present price action to predict the probability of DO AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DO AG's price. Additionally, you may evaluate how the addition of DO AG to your portfolios can decrease your overall portfolio volatility.