Turkiye Garanti Bankasi Stock Market Value

TKGBY Stock  USD 2.02  0.03  1.46%   
Turkiye Garanti's market value is the price at which a share of Turkiye Garanti trades on a public exchange. It measures the collective expectations of Turkiye Garanti Bankasi investors about its performance. Turkiye Garanti is trading at 2.02 as of the 28th of March 2024; that is -1.46 percent decrease since the beginning of the trading day. The stock's open price was 2.05.
With this module, you can estimate the performance of a buy and hold strategy of Turkiye Garanti Bankasi and determine expected loss or profit from investing in Turkiye Garanti over a given investment horizon. Check out Turkiye Garanti Correlation, Turkiye Garanti Volatility and Turkiye Garanti Alpha and Beta module to complement your research on Turkiye Garanti.
Symbol

Please note, there is a significant difference between Turkiye Garanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turkiye Garanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turkiye Garanti's 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.

Turkiye Garanti '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 Turkiye Garanti's otc 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 Turkiye Garanti.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Turkiye Garanti on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Turkiye Garanti Bankasi or generate 0.0% return on investment in Turkiye Garanti over 30 days. Turkiye Garanti is related to or competes with Fifth Third, HDFC Bank, Banco Bradesco, Banco Do, ICICI Bank, US Bancorp, and BNP Paribas. Turkiye Garanti Bankasi A.S. provides various banking products and services More

Turkiye Garanti 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 Turkiye Garanti's otc 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 Turkiye Garanti Bankasi upside and downside potential and time the market with a certain degree of confidence.

Turkiye Garanti Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Turkiye Garanti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turkiye Garanti's standard deviation. In reality, there are many statistical measures that can use Turkiye Garanti historical prices to predict the future Turkiye Garanti's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Turkiye Garanti's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.102.056.55
Details
Intrinsic
Valuation
LowRealHigh
0.091.726.22
Details
Naive
Forecast
LowNextHigh
0.042.156.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.042.062.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Turkiye Garanti. Your research has to be compared to or analyzed against Turkiye Garanti's peers to derive any actionable benefits. When done correctly, Turkiye Garanti's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Turkiye Garanti Bankasi.

Turkiye Garanti Bankasi Backtested Returns

We consider Turkiye Garanti dangerous. Turkiye Garanti Bankasi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0146, which indicates the firm had a 0.0146% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Turkiye Garanti Bankasi, which you can use to evaluate the volatility of the company. Please validate Turkiye Garanti's Semi Deviation of 4.13, risk adjusted performance of 0.0152, and Coefficient Of Variation of 8547.82 to confirm if the risk estimate we provide is consistent with the expected return of 0.0648%. Turkiye Garanti has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Turkiye Garanti's returns are expected to increase less than the market. However, during the bear market, the loss of holding Turkiye Garanti is expected to be smaller as well. Turkiye Garanti Bankasi right now has a risk of 4.44%. Please validate Turkiye Garanti potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Turkiye Garanti will be following its existing price patterns.

Auto-correlation

    
  -0.39  

Poor reverse predictability

Turkiye Garanti Bankasi has poor reverse predictability. Overlapping area represents the amount of predictability between Turkiye Garanti time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Turkiye Garanti Bankasi price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Turkiye Garanti price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.56
Residual Average0.0
Price Variance0.01

Turkiye Garanti Bankasi lagged returns against current returns

Autocorrelation, which is Turkiye Garanti otc 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 Turkiye Garanti's otc stock expected returns. We can calculate the autocorrelation of Turkiye Garanti returns to help us make a trade decision. For example, suppose you find that Turkiye Garanti has exhibited high autocorrelation historically, and you observe that the otc 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  

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

Turkiye Garanti Lagged Returns

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

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Check out Turkiye Garanti Correlation, Turkiye Garanti Volatility and Turkiye Garanti Alpha and Beta module to complement your research on Turkiye Garanti.
Note that the Turkiye Garanti Bankasi information on this page should be used as a complementary analysis to other Turkiye Garanti's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Turkiye Garanti's price analysis, check to measure Turkiye Garanti's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turkiye Garanti is operating at the current time. Most of Turkiye Garanti's value examination focuses on studying past and present price action to predict the probability of Turkiye Garanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkiye Garanti's price. Additionally, you may evaluate how the addition of Turkiye Garanti to your portfolios can decrease your overall portfolio volatility.
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Turkiye Garanti technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Turkiye Garanti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Turkiye Garanti trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...