Gozde Girisim (Turkey) Market Value
| GOZDE Stock | TRY 26.68 0.58 2.13% |
| Symbol | Gozde |
Gozde Girisim '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 Gozde Girisim'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 Gozde Girisim.
| 10/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Gozde Girisim on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Gozde Girisim Sermayesi or generate 0.0% return on investment in Gozde Girisim over 60 days. Gozde Girisim is related to or competes with Silverline Endustri, Koza Anadolu, Bms Birlesik, Trabzonspor Sportif, Cuhadaroglu Metal, Politeknik Metal, and Datagate Bilgisayar. Gozde Girisim Sermayesi Yatirim Ortakligi A.S More
Gozde Girisim 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 Gozde Girisim'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 Gozde Girisim Sermayesi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.44 |
Gozde Girisim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gozde Girisim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gozde Girisim's standard deviation. In reality, there are many statistical measures that can use Gozde Girisim historical prices to predict the future Gozde Girisim's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gozde Girisim'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.
Gozde Girisim Sermayesi Backtested Returns
Gozde Girisim Sermayesi holds Efficiency (Sharpe) Ratio of -0.0883, which attests that the entity had a -0.0883% return per unit of risk over the last 3 months. Gozde Girisim Sermayesi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gozde Girisim's Standard Deviation of 2.35, market risk adjusted performance of (0.78), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gozde Girisim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gozde Girisim is expected to be smaller as well. At this point, Gozde Girisim Sermayesi has a negative expected return of -0.2%. Please make sure to check out Gozde Girisim's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Gozde Girisim Sermayesi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Gozde Girisim Sermayesi has weak predictability. Overlapping area represents the amount of predictability between Gozde Girisim time series from 22nd of October 2024 to 21st of November 2024 and 21st 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 Gozde Girisim Sermayesi price movement. The serial correlation of 0.23 indicates that over 23.0% of current Gozde Girisim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Gozde Girisim Sermayesi lagged returns against current returns
Autocorrelation, which is Gozde Girisim 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 Gozde Girisim's stock expected returns. We can calculate the autocorrelation of Gozde Girisim returns to help us make a trade decision. For example, suppose you find that Gozde Girisim 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 |
Gozde Girisim 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 Gozde Girisim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gozde Girisim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gozde Girisim stock over time.
Current vs Lagged Prices |
| Timeline |
Gozde Girisim Lagged Returns
When evaluating Gozde Girisim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gozde Girisim stock have on its future price. Gozde Girisim 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, Gozde Girisim autocorrelation shows the relationship between Gozde Girisim stock current value and its past values and can show if there is a momentum factor associated with investing in Gozde Girisim Sermayesi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Gozde Stock
Gozde Girisim financial ratios help investors to determine whether Gozde 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 Gozde with respect to the benefits of owning Gozde Girisim security.