Gentas Genel (Turkey) Market Value
| GENTS Stock | TRY 9.38 0.09 0.95% |
| Symbol | Gentas |
Gentas Genel '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 Gentas Genel'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 Gentas Genel.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Gentas Genel on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Gentas Genel Metal or generate 0.0% return on investment in Gentas Genel over 30 days. Gentas Genel is related to or competes with Turkiye Kalkinma, Turkish Airlines, Koza Anadolu, Galatasaray Sportif, and ICBC Turkey. Gentas Genel Metal Sanayi ve Ticaret A.S More
Gentas Genel 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 Gentas Genel'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 Gentas Genel Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.0905 | |||
| Maximum Drawdown | 15.73 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.08 |
Gentas Genel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gentas Genel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gentas Genel's standard deviation. In reality, there are many statistical measures that can use Gentas Genel historical prices to predict the future Gentas Genel's volatility.| Risk Adjusted Performance | 0.1103 | |||
| Jensen Alpha | 0.3083 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | 1.85 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gentas Genel'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.
Gentas Genel Metal Backtested Returns
Gentas Genel appears to be not too volatile, given 3 months investment horizon. Gentas Genel Metal holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gentas Genel Metal, which you can use to evaluate the volatility of the firm. Please utilize Gentas Genel's Risk Adjusted Performance of 0.1103, downside deviation of 2.32, and Market Risk Adjusted Performance of 1.86 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gentas Genel holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gentas Genel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gentas Genel is expected to be smaller as well. Please check Gentas Genel's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Gentas Genel's current trending patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Gentas Genel Metal has very good predictability. Overlapping area represents the amount of predictability between Gentas Genel time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Gentas Genel Metal price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Gentas Genel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Gentas Genel Metal lagged returns against current returns
Autocorrelation, which is Gentas Genel 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 Gentas Genel's stock expected returns. We can calculate the autocorrelation of Gentas Genel returns to help us make a trade decision. For example, suppose you find that Gentas Genel 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 |
Gentas Genel 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 Gentas Genel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gentas Genel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gentas Genel stock over time.
Current vs Lagged Prices |
| Timeline |
Gentas Genel Lagged Returns
When evaluating Gentas Genel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gentas Genel stock have on its future price. Gentas Genel 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, Gentas Genel autocorrelation shows the relationship between Gentas Genel stock current value and its past values and can show if there is a momentum factor associated with investing in Gentas Genel Metal.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Gentas Stock
Gentas Genel financial ratios help investors to determine whether Gentas 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 Gentas with respect to the benefits of owning Gentas Genel security.