Vakif Menkul (Turkey) Market Value
| VKFYO Stock | TRY 19.62 0.26 1.31% |
| Symbol | Vakif |
Vakif Menkul '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 Vakif Menkul'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 Vakif Menkul.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in Vakif Menkul on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vakif Menkul Kiymet or generate 0.0% return on investment in Vakif Menkul over 180 days. Vakif Menkul is related to or competes with Aksa Akrilik, Tofas Turk, AK Sigorta, and Is Yatirim. Vakif Menkul Kiymet Yatirim Ortakligi A.S More
Vakif Menkul 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 Vakif Menkul'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 Vakif Menkul Kiymet upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.72 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 5.21 |
Vakif Menkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vakif Menkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vakif Menkul's standard deviation. In reality, there are many statistical measures that can use Vakif Menkul historical prices to predict the future Vakif Menkul's volatility.| Risk Adjusted Performance | 4.0E-4 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.37) |
Vakif Menkul Kiymet Backtested Returns
Vakif Menkul is not too volatile at the moment. Vakif Menkul Kiymet owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0012, which indicates the firm had a 0.0012% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Vakif Menkul Kiymet, which you can use to evaluate the volatility of the company. Please validate Vakif Menkul's Variance of 7.65, risk adjusted performance of 4.0E-4, and Coefficient Of Variation of (11,746) to confirm if the risk estimate we provide is consistent with the expected return of 0.0033%. The entity has a beta of 0.0917, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vakif Menkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vakif Menkul is expected to be smaller as well. Vakif Menkul Kiymet right now has a risk of 2.8%. Please validate Vakif Menkul total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Vakif Menkul will be following its existing price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Vakif Menkul Kiymet has good reverse predictability. Overlapping area represents the amount of predictability between Vakif Menkul time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 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 Vakif Menkul Kiymet price movement. The serial correlation of -0.51 indicates that about 51.0% of current Vakif Menkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
Vakif Menkul Kiymet lagged returns against current returns
Autocorrelation, which is Vakif Menkul 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 Vakif Menkul's stock expected returns. We can calculate the autocorrelation of Vakif Menkul returns to help us make a trade decision. For example, suppose you find that Vakif Menkul 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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Vakif Menkul 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 Vakif Menkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vakif Menkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vakif Menkul stock over time.
Current vs Lagged Prices |
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Vakif Menkul Lagged Returns
When evaluating Vakif Menkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vakif Menkul stock have on its future price. Vakif Menkul 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, Vakif Menkul autocorrelation shows the relationship between Vakif Menkul stock current value and its past values and can show if there is a momentum factor associated with investing in Vakif Menkul Kiymet.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Vakif Stock
Vakif Menkul financial ratios help investors to determine whether Vakif 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 Vakif with respect to the benefits of owning Vakif Menkul security.