Galatasaray Sportif (Turkey) Market Value
| GSRAY Stock | TRY 7.05 0.12 1.73% |
| Symbol | Galatasaray |
Galatasaray Sportif '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 Galatasaray Sportif'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 Galatasaray Sportif.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Galatasaray Sportif on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Galatasaray Sportif Sinai or generate 0.0% return on investment in Galatasaray Sportif over 30 days. Galatasaray Sportif is related to or competes with Akbank TAS, Creditwest Faktoring, Bms Birlesik, Cuhadaroglu Metal, and Trabzonspor Sportif. Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S More
Galatasaray Sportif 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 Galatasaray Sportif'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 Galatasaray Sportif Sinai upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.59 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.09 |
Galatasaray Sportif Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galatasaray Sportif's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galatasaray Sportif's standard deviation. In reality, there are many statistical measures that can use Galatasaray Sportif historical prices to predict the future Galatasaray Sportif's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (1.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Galatasaray Sportif'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.
Galatasaray Sportif Sinai Backtested Returns
Galatasaray Sportif Sinai holds Efficiency (Sharpe) Ratio of -0.0352, which attests that the entity had a -0.0352% return per unit of risk over the last 3 months. Galatasaray Sportif Sinai exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galatasaray Sportif's Standard Deviation of 2.49, market risk adjusted performance of (1.01), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Galatasaray Sportif's returns are expected to increase less than the market. However, during the bear market, the loss of holding Galatasaray Sportif is expected to be smaller as well. At this point, Galatasaray Sportif Sinai has a negative expected return of -0.0753%. Please make sure to check out Galatasaray Sportif's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Galatasaray Sportif Sinai performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Galatasaray Sportif Sinai has weak reverse predictability. Overlapping area represents the amount of predictability between Galatasaray Sportif time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Galatasaray Sportif Sinai price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Galatasaray Sportif price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Galatasaray Sportif Sinai lagged returns against current returns
Autocorrelation, which is Galatasaray Sportif 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 Galatasaray Sportif's stock expected returns. We can calculate the autocorrelation of Galatasaray Sportif returns to help us make a trade decision. For example, suppose you find that Galatasaray Sportif 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 |
Galatasaray Sportif 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 Galatasaray Sportif stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galatasaray Sportif stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galatasaray Sportif stock over time.
Current vs Lagged Prices |
| Timeline |
Galatasaray Sportif Lagged Returns
When evaluating Galatasaray Sportif's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galatasaray Sportif stock have on its future price. Galatasaray Sportif 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, Galatasaray Sportif autocorrelation shows the relationship between Galatasaray Sportif stock current value and its past values and can show if there is a momentum factor associated with investing in Galatasaray Sportif Sinai.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Galatasaray Stock
Galatasaray Sportif financial ratios help investors to determine whether Galatasaray 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 Galatasaray with respect to the benefits of owning Galatasaray Sportif security.