Europap Tezol (Turkey) Market Value
| TEZOL Stock | 14.49 0.50 3.34% |
| Symbol | Europap |
Europap Tezol '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 Europap Tezol'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 Europap Tezol.
| 06/27/2024 |
| 12/24/2024 |
If you would invest 0.00 in Europap Tezol on June 27, 2024 and sell it all today you would earn a total of 0.00 from holding Europap Tezol Kagit or generate 0.0% return on investment in Europap Tezol over 180 days. Europap Tezol is related to or competes with Alkim Kagit, Alkim Alkali, Kent Gida, Adese Gayrimenkul, Lokman Hekim, Platform Turizm, and Gentas Genel. More
Europap Tezol 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 Europap Tezol'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 Europap Tezol Kagit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 3.6 |
Europap Tezol Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Europap Tezol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europap Tezol's standard deviation. In reality, there are many statistical measures that can use Europap Tezol historical prices to predict the future Europap Tezol's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (3.61) |
Europap Tezol Kagit Backtested Returns
Europap Tezol Kagit secures Sharpe Ratio (or Efficiency) of -0.0909, which denotes the company had a -0.0909% return per unit of risk over the last 3 months. Europap Tezol Kagit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Europap Tezol's Standard Deviation of 2.46, mean deviation of 1.75, and Variance of 6.03 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0938, which means not very significant fluctuations relative to the market. As returns on the market increase, Europap Tezol's returns are expected to increase less than the market. However, during the bear market, the loss of holding Europap Tezol is expected to be smaller as well. At this point, Europap Tezol Kagit has a negative expected return of -0.22%. Please make sure to confirm Europap Tezol's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Europap Tezol Kagit performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Europap Tezol Kagit has insignificant reverse predictability. Overlapping area represents the amount of predictability between Europap Tezol time series from 27th of June 2024 to 25th of September 2024 and 25th of September 2024 to 24th 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 Europap Tezol Kagit price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Europap Tezol price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Europap Tezol Kagit lagged returns against current returns
Autocorrelation, which is Europap Tezol 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 Europap Tezol's stock expected returns. We can calculate the autocorrelation of Europap Tezol returns to help us make a trade decision. For example, suppose you find that Europap Tezol 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 |
Europap Tezol 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 Europap Tezol stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Europap Tezol stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Europap Tezol stock over time.
Current vs Lagged Prices |
| Timeline |
Europap Tezol Lagged Returns
When evaluating Europap Tezol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Europap Tezol stock have on its future price. Europap Tezol 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, Europap Tezol autocorrelation shows the relationship between Europap Tezol stock current value and its past values and can show if there is a momentum factor associated with investing in Europap Tezol Kagit.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Europap Stock
Europap Tezol financial ratios help investors to determine whether Europap 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 Europap with respect to the benefits of owning Europap Tezol security.