Lokman Hekim (Turkey) Market Value
| LKMNH Stock | TRY 16.90 0.02 0.12% |
| Symbol | Lokman |
Lokman Hekim '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 Lokman Hekim'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 Lokman Hekim.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Lokman Hekim on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Lokman Hekim Engurusag or generate 0.0% return on investment in Lokman Hekim over 30 days. Lokman Hekim is related to or competes with Is Yatirim, Euro Menkul, Euro Trend, Hedef Girisim, Euro Kapital, Atlas Menkul, and Verusaturk Girisim. Lokman Hekim Engrsag Saglik, Turizm, Egitim Hizmetleri ve Insaat Taahht A.S More
Lokman Hekim 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 Lokman Hekim'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 Lokman Hekim Engurusag upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 12.28 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.3 |
Lokman Hekim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lokman Hekim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lokman Hekim's standard deviation. In reality, there are many statistical measures that can use Lokman Hekim historical prices to predict the future Lokman Hekim's volatility.| Risk Adjusted Performance | 0.0215 | |||
| Jensen Alpha | 0.0245 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | 0.1 |
Lokman Hekim Engurusag Backtested Returns
Lokman Hekim is not too volatile at the moment. Lokman Hekim Engurusag has Sharpe Ratio of 0.007, which conveys that the firm had a 0.007% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lokman Hekim, which you can use to evaluate the volatility of the firm. Please verify Lokman Hekim's Downside Deviation of 2.49, mean deviation of 1.65, and Risk Adjusted Performance of 0.0215 to check out if the risk estimate we provide is consistent with the expected return of 0.0153%. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lokman Hekim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lokman Hekim is expected to be smaller as well. Lokman Hekim Engurusag right now secures a risk of 2.17%. Please verify Lokman Hekim Engurusag sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Lokman Hekim Engurusag will be following its current price movements.
Auto-correlation | -0.46 |
Modest reverse predictability
Lokman Hekim Engurusag has modest reverse predictability. Overlapping area represents the amount of predictability between Lokman Hekim time series from 21st of November 2024 to 6th of December 2024 and 6th of December 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 Lokman Hekim Engurusag price movement. The serial correlation of -0.46 indicates that about 46.0% of current Lokman Hekim price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Lokman Hekim Engurusag lagged returns against current returns
Autocorrelation, which is Lokman Hekim 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 Lokman Hekim's stock expected returns. We can calculate the autocorrelation of Lokman Hekim returns to help us make a trade decision. For example, suppose you find that Lokman Hekim 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 |
Lokman Hekim 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 Lokman Hekim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lokman Hekim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lokman Hekim stock over time.
Current vs Lagged Prices |
| Timeline |
Lokman Hekim Lagged Returns
When evaluating Lokman Hekim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lokman Hekim stock have on its future price. Lokman Hekim 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, Lokman Hekim autocorrelation shows the relationship between Lokman Hekim stock current value and its past values and can show if there is a momentum factor associated with investing in Lokman Hekim Engurusag.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Lokman Stock
Lokman Hekim financial ratios help investors to determine whether Lokman 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 Lokman with respect to the benefits of owning Lokman Hekim security.