Dogus Gayrimenkul (Turkey) Market Value
| DGGYO Stock | TRY 31.56 0.18 0.57% |
| Symbol | Dogus |
Dogus Gayrimenkul '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 Dogus Gayrimenkul'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 Dogus Gayrimenkul.
| 03/16/2024 |
| 06/14/2024 |
If you would invest 0.00 in Dogus Gayrimenkul on March 16, 2024 and sell it all today you would earn a total of 0.00 from holding Dogus Gayrimenkul Yatirim or generate 0.0% return on investment in Dogus Gayrimenkul over 90 days. Dogus Gayrimenkul is related to or competes with Brisa Bridgestone, Cuhadaroglu Metal, Turkiye Vakiflar, Yesil Yapi, Sanica Isi, Turkcell Iletisim, and Hitit Bilgisayar. has been incorporated in accordance with capital market law on 25 July 1997 More
Dogus Gayrimenkul 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 Dogus Gayrimenkul'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 Dogus Gayrimenkul Yatirim upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.64 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 4.88 |
Dogus Gayrimenkul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dogus Gayrimenkul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dogus Gayrimenkul's standard deviation. In reality, there are many statistical measures that can use Dogus Gayrimenkul historical prices to predict the future Dogus Gayrimenkul's volatility.| Risk Adjusted Performance | (0.0009) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.0075 | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dogus Gayrimenkul'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.
Dogus Gayrimenkul Yatirim Backtested Returns
Dogus Gayrimenkul Yatirim secures Sharpe Ratio (or Efficiency) of -0.0484, which denotes the company had a -0.0484% return per unit of risk over the last 3 months. Dogus Gayrimenkul Yatirim exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dogus Gayrimenkul's Standard Deviation of 3.18, mean deviation of 2.4, and Variance of 10.12 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Dogus Gayrimenkul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dogus Gayrimenkul is expected to be smaller as well. At this point, Dogus Gayrimenkul Yatirim has a negative expected return of -0.12%. Please make sure to confirm Dogus Gayrimenkul's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Dogus Gayrimenkul Yatirim performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Dogus Gayrimenkul Yatirim has very good reverse predictability. Overlapping area represents the amount of predictability between Dogus Gayrimenkul time series from 16th of March 2024 to 30th of April 2024 and 30th of April 2024 to 14th of June 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 Dogus Gayrimenkul Yatirim price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Dogus Gayrimenkul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 3.16 |
Dogus Gayrimenkul Yatirim lagged returns against current returns
Autocorrelation, which is Dogus Gayrimenkul 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 Dogus Gayrimenkul's stock expected returns. We can calculate the autocorrelation of Dogus Gayrimenkul returns to help us make a trade decision. For example, suppose you find that Dogus Gayrimenkul 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 |
Dogus Gayrimenkul 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 Dogus Gayrimenkul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dogus Gayrimenkul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dogus Gayrimenkul stock over time.
Current vs Lagged Prices |
| Timeline |
Dogus Gayrimenkul Lagged Returns
When evaluating Dogus Gayrimenkul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dogus Gayrimenkul stock have on its future price. Dogus Gayrimenkul 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, Dogus Gayrimenkul autocorrelation shows the relationship between Dogus Gayrimenkul stock current value and its past values and can show if there is a momentum factor associated with investing in Dogus Gayrimenkul Yatirim.
Regressed Prices |
| Timeline |
Pair Trading with Dogus Gayrimenkul
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dogus Gayrimenkul position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dogus Gayrimenkul will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dogus Gayrimenkul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dogus Gayrimenkul when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dogus Gayrimenkul - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dogus Gayrimenkul Yatirim to buy it.
The correlation of Dogus Gayrimenkul is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dogus Gayrimenkul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dogus Gayrimenkul Yatirim moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dogus Gayrimenkul can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Dogus Stock
Dogus Gayrimenkul financial ratios help investors to determine whether Dogus 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 Dogus with respect to the benefits of owning Dogus Gayrimenkul security.