QNB Finans (Turkey) Market Value

QNBFL Stock  TRY 47.50  3.10  6.13%   
QNB Finans' market value is the price at which a share of QNB Finans trades on a public exchange. It measures the collective expectations of QNB Finans Finansal investors about its performance. QNB Finans is trading at 47.50 as of the 13th of December 2024. This is a 6.13 percent down since the beginning of the trading day. The stock's open price was 50.6.
With this module, you can estimate the performance of a buy and hold strategy of QNB Finans Finansal and determine expected loss or profit from investing in QNB Finans over a given investment horizon. Check out QNB Finans Correlation, QNB Finans Volatility and QNB Finans Alpha and Beta module to complement your research on QNB Finans.
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Please note, there is a significant difference between QNB Finans' value and its price as these two are different measures arrived at by different means. Investors typically determine if QNB Finans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QNB Finans' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

QNB Finans '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 QNB Finans' 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 QNB Finans.
0.00
11/13/2024
No Change 0.00  0.0 
In 30 days
12/13/2024
0.00
If you would invest  0.00  in QNB Finans on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding QNB Finans Finansal or generate 0.0% return on investment in QNB Finans over 30 days. QNB Finans is related to or competes with E Data, Koza Anadolu, Bms Birlesik, Cuhadaroglu Metal, Datagate Bilgisayar, CEO Event, and Akcansa Cimento. QNB Finans Finansal Kiralama AS provides financial leasing services in Turkey and internationally More

QNB Finans 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 QNB Finans' 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 QNB Finans Finansal upside and downside potential and time the market with a certain degree of confidence.

QNB Finans Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for QNB Finans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QNB Finans' standard deviation. In reality, there are many statistical measures that can use QNB Finans historical prices to predict the future QNB Finans' volatility.
Hype
Prediction
LowEstimatedHigh
40.6447.5054.36
Details
Intrinsic
Valuation
LowRealHigh
40.6447.5054.36
Details

QNB Finans Finansal Backtested Returns

QNB Finans Finansal retains Efficiency (Sharpe Ratio) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. QNB Finans exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QNB Finans' coefficient of variation of (645.59), and Market Risk Adjusted Performance of (0.94) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.11, which implies a somewhat significant risk relative to the market. QNB Finans returns are very sensitive to returns on the market. As the market goes up or down, QNB Finans is expected to follow. At this point, QNB Finans Finansal has a negative expected return of -1.0%. Please make sure to check QNB Finans' potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if QNB Finans Finansal performance from the past will be repeated at future time.

Auto-correlation

    
  0.29  

Poor predictability

QNB Finans Finansal has poor predictability. Overlapping area represents the amount of predictability between QNB Finans 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 QNB Finans Finansal price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current QNB Finans price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test-0.14
Residual Average0.0
Price Variance419.2

QNB Finans Finansal lagged returns against current returns

Autocorrelation, which is QNB Finans 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 QNB Finans' stock expected returns. We can calculate the autocorrelation of QNB Finans returns to help us make a trade decision. For example, suppose you find that QNB Finans 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  

QNB Finans 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 QNB Finans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QNB Finans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QNB Finans stock over time.
   Current vs Lagged Prices   
       Timeline  

QNB Finans Lagged Returns

When evaluating QNB Finans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QNB Finans stock have on its future price. QNB Finans 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, QNB Finans autocorrelation shows the relationship between QNB Finans stock current value and its past values and can show if there is a momentum factor associated with investing in QNB Finans Finansal.
   Regressed Prices   
       Timeline  

Thematic Opportunities

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Other Information on Investing in QNB Stock

QNB Finans financial ratios help investors to determine whether QNB 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 QNB with respect to the benefits of owning QNB Finans security.