Logo Yazilim (Turkey) Market Value
| LOGO Stock | TRY 122.50 3.20 2.55% |
| Symbol | Logo |
Logo Yazilim '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 Logo Yazilim'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 Logo Yazilim.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Logo Yazilim on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Logo Yazilim Sanayi or generate 0.0% return on investment in Logo Yazilim over 30 days. Logo Yazilim is related to or competes with Tofas Turk, Tekfen Holding, Aksa Akrilik, and Vestel Beyaz. Logo Yazilim Sanayi ve Ticaret A.S. develops software solutions in Turkey and internationally More
Logo Yazilim 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 Logo Yazilim'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 Logo Yazilim Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.0659 | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 4.49 |
Logo Yazilim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Logo Yazilim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Logo Yazilim's standard deviation. In reality, there are many statistical measures that can use Logo Yazilim historical prices to predict the future Logo Yazilim's volatility.| Risk Adjusted Performance | 0.0893 | |||
| Jensen Alpha | 0.2409 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0759 | |||
| Treynor Ratio | 0.7227 |
Logo Yazilim Sanayi Backtested Returns
Logo Yazilim appears to be very steady, given 3 months investment horizon. Logo Yazilim Sanayi has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Logo Yazilim, which you can use to evaluate the volatility of the firm. Please exercise Logo Yazilim's Mean Deviation of 2.09, downside deviation of 2.26, and Risk Adjusted Performance of 0.0893 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Logo Yazilim holds a performance score of 13. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Logo Yazilim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Logo Yazilim is expected to be smaller as well. Please check Logo Yazilim's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Logo Yazilim's current price movements will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Logo Yazilim Sanayi has excellent reverse predictability. Overlapping area represents the amount of predictability between Logo Yazilim time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Logo Yazilim Sanayi price movement. The serial correlation of -0.81 indicates that around 81.0% of current Logo Yazilim price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 26.2 |
Logo Yazilim Sanayi lagged returns against current returns
Autocorrelation, which is Logo Yazilim 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 Logo Yazilim's stock expected returns. We can calculate the autocorrelation of Logo Yazilim returns to help us make a trade decision. For example, suppose you find that Logo Yazilim 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 |
Logo Yazilim 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 Logo Yazilim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Logo Yazilim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Logo Yazilim stock over time.
Current vs Lagged Prices |
| Timeline |
Logo Yazilim Lagged Returns
When evaluating Logo Yazilim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Logo Yazilim stock have on its future price. Logo Yazilim 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, Logo Yazilim autocorrelation shows the relationship between Logo Yazilim stock current value and its past values and can show if there is a momentum factor associated with investing in Logo Yazilim Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Logo Stock Analysis
When running Logo Yazilim's price analysis, check to measure Logo Yazilim's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Logo Yazilim is operating at the current time. Most of Logo Yazilim's value examination focuses on studying past and present price action to predict the probability of Logo Yazilim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logo Yazilim's price. Additionally, you may evaluate how the addition of Logo Yazilim to your portfolios can decrease your overall portfolio volatility.