Idealist Gayrimenkul (Turkey) Market Value
| IDGYO Stock | TRY 2.65 0.01 0.38% |
| Symbol | Idealist |
Idealist Gayrimenkul '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 Idealist Gayrimenkul'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 Idealist Gayrimenkul.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Idealist Gayrimenkul on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Idealist Gayrimenkul Yatirim or generate 0.0% return on investment in Idealist Gayrimenkul over 30 days. Idealist Gayrimenkul is related to or competes with Trabzonspor Sportif, Cuhadaroglu Metal, Politeknik Metal, Sekerbank TAS, Silverline Endustri, Koza Anadolu, and Gentas Genel. Idealist Gayrimenkul Yatirim Ortakligi A.S More
Idealist Gayrimenkul 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 Idealist Gayrimenkul'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 Idealist Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 4.78 |
Idealist Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Idealist Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Idealist Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Idealist Gayrimenkul historical prices to predict the future Idealist Gayrimenkul's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.2329 |
Idealist Gayrimenkul Backtested Returns
Idealist Gayrimenkul holds Efficiency (Sharpe) Ratio of -0.05, which attests that the entity had a -0.05% return per unit of risk over the last 3 months. Idealist Gayrimenkul exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Idealist Gayrimenkul's Market Risk Adjusted Performance of 0.2429, standard deviation of 2.64, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Idealist Gayrimenkul are expected to decrease at a much lower rate. During the bear market, Idealist Gayrimenkul is likely to outperform the market. At this point, Idealist Gayrimenkul has a negative expected return of -0.13%. Please make sure to check out Idealist Gayrimenkul's jensen alpha, as well as the relationship between the kurtosis and day typical price , to decide if Idealist Gayrimenkul performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Idealist Gayrimenkul Yatirim has poor reverse predictability. Overlapping area represents the amount of predictability between Idealist Gayrimenkul time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Idealist Gayrimenkul price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Idealist Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Idealist Gayrimenkul lagged returns against current returns
Autocorrelation, which is Idealist Gayrimenkul 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 Idealist Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Idealist Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Idealist Gayrimenkul 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 |
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Idealist Gayrimenkul 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 Idealist Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Idealist Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Idealist Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Idealist Gayrimenkul Lagged Returns
When evaluating Idealist Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Idealist Gayrimenkul stock have on its future price. Idealist Gayrimenkul 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, Idealist Gayrimenkul autocorrelation shows the relationship between Idealist Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Idealist Gayrimenkul Yatirim.
Regressed Prices |
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Other Information on Investing in Idealist Stock
Idealist Gayrimenkul financial ratios help investors to determine whether Idealist 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 Idealist with respect to the benefits of owning Idealist Gayrimenkul security.