Senkron Guvenlik (Turkey) Market Value
| SNKRN Stock | TRY 50.70 0.40 0.80% |
| Symbol | Senkron |
Senkron Guvenlik '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 Senkron Guvenlik'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 Senkron Guvenlik.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Senkron Guvenlik on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Senkron Guvenlik ve or generate 0.0% return on investment in Senkron Guvenlik over 30 days. Senkron Guvenlik is related to or competes with Ege Endustri, Turkiye Petrol, Turkiye Garanti, and Ford Otomotiv. Senkron Gvenlik ve Iletisim Sistemleri A.S. More
Senkron Guvenlik 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 Senkron Guvenlik'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 Senkron Guvenlik ve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.91 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.9 |
Senkron Guvenlik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senkron Guvenlik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senkron Guvenlik's standard deviation. In reality, there are many statistical measures that can use Senkron Guvenlik historical prices to predict the future Senkron Guvenlik's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (2.85) |
Senkron Guvenlik Backtested Returns
Senkron Guvenlik owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.04, which indicates the firm had a -0.04% return per unit of risk over the last 3 months. Senkron Guvenlik ve exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Senkron Guvenlik's Variance of 10.38, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,870) to confirm the risk estimate we provide. The entity has a beta of 0.0327, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Senkron Guvenlik's returns are expected to increase less than the market. However, during the bear market, the loss of holding Senkron Guvenlik is expected to be smaller as well. At this point, Senkron Guvenlik has a negative expected return of -0.12%. Please make sure to validate Senkron Guvenlik's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Senkron Guvenlik performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Senkron Guvenlik ve has weak predictability. Overlapping area represents the amount of predictability between Senkron Guvenlik time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Senkron Guvenlik price movement. The serial correlation of 0.2 indicates that over 20.0% of current Senkron Guvenlik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 2.61 |
Senkron Guvenlik lagged returns against current returns
Autocorrelation, which is Senkron Guvenlik 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 Senkron Guvenlik's stock expected returns. We can calculate the autocorrelation of Senkron Guvenlik returns to help us make a trade decision. For example, suppose you find that Senkron Guvenlik 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 |
Senkron Guvenlik 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 Senkron Guvenlik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senkron Guvenlik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senkron Guvenlik stock over time.
Current vs Lagged Prices |
| Timeline |
Senkron Guvenlik Lagged Returns
When evaluating Senkron Guvenlik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senkron Guvenlik stock have on its future price. Senkron Guvenlik 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, Senkron Guvenlik autocorrelation shows the relationship between Senkron Guvenlik stock current value and its past values and can show if there is a momentum factor associated with investing in Senkron Guvenlik ve.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Senkron Stock
Senkron Guvenlik financial ratios help investors to determine whether Senkron 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 Senkron with respect to the benefits of owning Senkron Guvenlik security.