Silverline Endustri (Turkey) Market Value
| SILVR Stock | TRY 21.26 0.68 3.30% |
| Symbol | Silverline |
Silverline Endustri '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 Silverline Endustri'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 Silverline Endustri.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Silverline Endustri on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Silverline Endustri ve or generate 0.0% return on investment in Silverline Endustri over 30 days. Silverline Endustri is related to or competes with Politeknik Metal, Cuhadaroglu Metal, Turkish Airlines, Turkiye Kalkinma, and Galatasaray Sportif. Silverline Endustri ve Ticaret A.S. produces and sells hoods, ovens, built-in hobs, built-in dishwashers, and refrigerat... More
Silverline Endustri 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 Silverline Endustri'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 Silverline Endustri ve upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | 0.0534 | |||
| Maximum Drawdown | 16.78 | |||
| Value At Risk | (5.53) | |||
| Potential Upside | 9.91 |
Silverline Endustri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silverline Endustri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silverline Endustri's standard deviation. In reality, there are many statistical measures that can use Silverline Endustri historical prices to predict the future Silverline Endustri's volatility.| Risk Adjusted Performance | 0.0713 | |||
| Jensen Alpha | 0.3984 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0667 | |||
| Treynor Ratio | (0.35) |
Silverline Endustri Backtested Returns
Silverline Endustri appears to be not too volatile, given 3 months investment horizon. Silverline Endustri owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0716, which indicates the firm had a 0.0716% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Silverline Endustri ve, which you can use to evaluate the volatility of the company. Please review Silverline Endustri's Risk Adjusted Performance of 0.0713, coefficient of variation of 1204.83, and Semi Deviation of 2.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silverline Endustri holds a performance score of 5. The entity has a beta of -0.88, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Silverline Endustri are expected to decrease slowly. On the other hand, during market turmoil, Silverline Endustri is expected to outperform it slightly. Please check Silverline Endustri's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Silverline Endustri's existing price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Silverline Endustri ve has insignificant reverse predictability. Overlapping area represents the amount of predictability between Silverline Endustri time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 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 Silverline Endustri price movement. The serial correlation of -0.18 indicates that over 18.0% of current Silverline Endustri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Silverline Endustri lagged returns against current returns
Autocorrelation, which is Silverline Endustri 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 Silverline Endustri's stock expected returns. We can calculate the autocorrelation of Silverline Endustri returns to help us make a trade decision. For example, suppose you find that Silverline Endustri 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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Silverline Endustri 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 Silverline Endustri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silverline Endustri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silverline Endustri stock over time.
Current vs Lagged Prices |
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Silverline Endustri Lagged Returns
When evaluating Silverline Endustri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silverline Endustri stock have on its future price. Silverline Endustri 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, Silverline Endustri autocorrelation shows the relationship between Silverline Endustri stock current value and its past values and can show if there is a momentum factor associated with investing in Silverline Endustri ve.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Silverline Stock
Silverline Endustri financial ratios help investors to determine whether Silverline 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 Silverline with respect to the benefits of owning Silverline Endustri security.