Mackolik Internet (Turkey) Market Value
| MACKO Stock | 107.00 2.50 2.39% |
| Symbol | Mackolik |
Mackolik Internet '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 Mackolik Internet'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 Mackolik Internet.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Mackolik Internet on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Mackolik Internet Hizmetleri or generate 0.0% return on investment in Mackolik Internet over 720 days. Mackolik Internet is related to or competes with Creditwest Faktoring, Galatasaray Sportif, Akbank TAS, Politeknik Metal, Bms Birlesik, Akcansa Cimento, and Koza Anadolu. More
Mackolik Internet 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 Mackolik Internet'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 Mackolik Internet Hizmetleri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1602 | |||
| Maximum Drawdown | 10.72 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 4.3 |
Mackolik Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mackolik Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mackolik Internet's standard deviation. In reality, there are many statistical measures that can use Mackolik Internet historical prices to predict the future Mackolik Internet's volatility.| Risk Adjusted Performance | 0.1688 | |||
| Jensen Alpha | 0.451 | |||
| Total Risk Alpha | 0.1566 | |||
| Sortino Ratio | 0.1909 | |||
| Treynor Ratio | (16.54) |
Mackolik Internet Backtested Returns
Mackolik Internet appears to be very steady, given 3 months investment horizon. Mackolik Internet has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mackolik Internet, which you can use to evaluate the volatility of the firm. Please exercise Mackolik Internet's Risk Adjusted Performance of 0.1688, mean deviation of 1.68, and Downside Deviation of 1.81 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mackolik Internet holds a performance score of 16. The company secures a Beta (Market Risk) of -0.0271, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mackolik Internet are expected to decrease at a much lower rate. During the bear market, Mackolik Internet is likely to outperform the market. Please check Mackolik Internet's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Mackolik Internet's current price movements will revert.
Auto-correlation | 0.64 |
Good predictability
Mackolik Internet Hizmetleri has good predictability. Overlapping area represents the amount of predictability between Mackolik Internet time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Mackolik Internet price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Mackolik Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 75.32 |
Mackolik Internet lagged returns against current returns
Autocorrelation, which is Mackolik Internet 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 Mackolik Internet's stock expected returns. We can calculate the autocorrelation of Mackolik Internet returns to help us make a trade decision. For example, suppose you find that Mackolik Internet 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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Mackolik Internet 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 Mackolik Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mackolik Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mackolik Internet stock over time.
Current vs Lagged Prices |
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Mackolik Internet Lagged Returns
When evaluating Mackolik Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mackolik Internet stock have on its future price. Mackolik Internet 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, Mackolik Internet autocorrelation shows the relationship between Mackolik Internet stock current value and its past values and can show if there is a momentum factor associated with investing in Mackolik Internet Hizmetleri.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Mackolik Stock
Mackolik Internet financial ratios help investors to determine whether Mackolik 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 Mackolik with respect to the benefits of owning Mackolik Internet security.