Matriks Bilgi (Turkey) Market Value
| MTRKS Stock | TRY 20.00 0.38 1.86% |
| Symbol | Matriks |
Matriks Bilgi '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 Matriks Bilgi'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 Matriks Bilgi.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Matriks Bilgi on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Matriks Bilgi Dagitim or generate 0.0% return on investment in Matriks Bilgi over 30 days. Matriks Bilgi is related to or competes with Turkiye Is, Ege Endustri, Turkiye Petrol, Otokar Otomotiv, Ford Otomotiv, Turk Traktor, and Turkish Airlines. Matriks Bilgi Dagitim Hizmetleri A.S produces solutions for the data, news, analysis, order transmission, and portfolio ... More
Matriks Bilgi 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 Matriks Bilgi'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 Matriks Bilgi Dagitim upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.1092 | |||
| Maximum Drawdown | 13.58 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 6.07 |
Matriks Bilgi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matriks Bilgi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matriks Bilgi's standard deviation. In reality, there are many statistical measures that can use Matriks Bilgi historical prices to predict the future Matriks Bilgi's volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.3122 | |||
| Total Risk Alpha | 0.2449 | |||
| Sortino Ratio | 0.1261 | |||
| Treynor Ratio | 0.5225 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matriks Bilgi'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.
Matriks Bilgi Dagitim Backtested Returns
Matriks Bilgi appears to be not too volatile, given 3 months investment horizon. Matriks Bilgi Dagitim has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matriks Bilgi, which you can use to evaluate the volatility of the firm. Please exercise Matriks Bilgi's Downside Deviation of 2.41, mean deviation of 2.11, and Risk Adjusted Performance of 0.1034 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Matriks Bilgi holds a performance score of 8. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Matriks Bilgi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Matriks Bilgi is expected to be smaller as well. Please check Matriks Bilgi's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether Matriks Bilgi's current price movements will revert.
Auto-correlation | 0.54 |
Modest predictability
Matriks Bilgi Dagitim has modest predictability. Overlapping area represents the amount of predictability between Matriks Bilgi time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 Matriks Bilgi Dagitim price movement. The serial correlation of 0.54 indicates that about 54.0% of current Matriks Bilgi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Matriks Bilgi Dagitim lagged returns against current returns
Autocorrelation, which is Matriks Bilgi 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 Matriks Bilgi's stock expected returns. We can calculate the autocorrelation of Matriks Bilgi returns to help us make a trade decision. For example, suppose you find that Matriks Bilgi 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 |
Matriks Bilgi 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 Matriks Bilgi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matriks Bilgi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matriks Bilgi stock over time.
Current vs Lagged Prices |
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Matriks Bilgi Lagged Returns
When evaluating Matriks Bilgi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matriks Bilgi stock have on its future price. Matriks Bilgi 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, Matriks Bilgi autocorrelation shows the relationship between Matriks Bilgi stock current value and its past values and can show if there is a momentum factor associated with investing in Matriks Bilgi Dagitim.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Matriks Stock
Matriks Bilgi financial ratios help investors to determine whether Matriks 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 Matriks with respect to the benefits of owning Matriks Bilgi security.