Flap Kongre (Turkey) Market Value
| FLAP Stock | TRY 9.07 0.03 0.33% |
| Symbol | Flap |
Flap Kongre '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 Flap Kongre'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 Flap Kongre.
| 09/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Flap Kongre on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding Flap Kongre Toplanti or generate 0.0% return on investment in Flap Kongre over 90 days. Flap Kongre is related to or competes with ICBC Turkey, Bms Birlesik, Politeknik Metal, Turkish Airlines, Akbank TAS, and Silverline Endustri. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S More
Flap Kongre 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 Flap Kongre'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 Flap Kongre Toplanti upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 9.97 |
Flap Kongre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flap Kongre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flap Kongre's standard deviation. In reality, there are many statistical measures that can use Flap Kongre historical prices to predict the future Flap Kongre's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (1.29) |
Flap Kongre Toplanti Backtested Returns
Flap Kongre Toplanti secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of standard deviation over the last 3 months. Flap Kongre Toplanti exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flap Kongre's Standard Deviation of 3.84, coefficient of variation of (1,281), and Mean Deviation of 2.75 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, Flap Kongre's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flap Kongre is expected to be smaller as well. At this point, Flap Kongre Toplanti has a negative expected return of -0.58%. Please make sure to confirm Flap Kongre's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Flap Kongre Toplanti performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Flap Kongre Toplanti has below average predictability. Overlapping area represents the amount of predictability between Flap Kongre time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 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 Flap Kongre Toplanti price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Flap Kongre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Flap Kongre Toplanti lagged returns against current returns
Autocorrelation, which is Flap Kongre 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 Flap Kongre's stock expected returns. We can calculate the autocorrelation of Flap Kongre returns to help us make a trade decision. For example, suppose you find that Flap Kongre 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 |
Flap Kongre 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 Flap Kongre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flap Kongre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flap Kongre stock over time.
Current vs Lagged Prices |
| Timeline |
Flap Kongre Lagged Returns
When evaluating Flap Kongre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flap Kongre stock have on its future price. Flap Kongre 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, Flap Kongre autocorrelation shows the relationship between Flap Kongre stock current value and its past values and can show if there is a momentum factor associated with investing in Flap Kongre Toplanti.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Flap Stock Analysis
When running Flap Kongre's price analysis, check to measure Flap Kongre'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 Flap Kongre is operating at the current time. Most of Flap Kongre's value examination focuses on studying past and present price action to predict the probability of Flap Kongre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flap Kongre's price. Additionally, you may evaluate how the addition of Flap Kongre to your portfolios can decrease your overall portfolio volatility.