Flap Kongre (Turkey) Market Value
| FLAP Stock | TRY 8.71 0.05 0.57% |
| Symbol | Flap |
Flap Kongre '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 Flap Kongre'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 Flap Kongre.
| 02/28/2024 |
| 05/28/2024 |
If you would invest 0.00 in Flap Kongre on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Flap Kongre Toplanti or generate 0.0% return on investment in Flap Kongre over 90 days. Flap Kongre is related to or competes with BIM Birlesik, Pegasus Hava, Turkiye Petrol, and Turkiye Sise. Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S More
Flap Kongre 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 Flap Kongre'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 Flap Kongre Toplanti upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.94 | |||
| Value At Risk | (8.64) | |||
| Potential Upside | 9.94 |
Flap Kongre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flap Kongre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flap Kongre's standard deviation. In reality, there are many statistical measures that can use Flap Kongre historical prices to predict the future Flap Kongre's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.65) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flap Kongre'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.
Flap Kongre Toplanti Backtested Returns
Flap Kongre Toplanti secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of standard deviation over the last 3 months. Flap Kongre Toplanti exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flap Kongre's Coefficient Of Variation of (765.06), standard deviation of 4.69, and Mean Deviation of 3.59 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Flap Kongre's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flap Kongre is expected to be smaller as well. Flap Kongre Toplanti has an expected return of -0.73%. Please make sure to confirm Flap Kongre Toplanti market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Flap Kongre Toplanti performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Flap Kongre Toplanti has good predictability. Overlapping area represents the amount of predictability between Flap Kongre time series from 28th of February 2024 to 13th of April 2024 and 13th of April 2024 to 28th of May 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 Flap Kongre Toplanti price movement. The serial correlation of 0.77 indicates that around 77.0% of current Flap Kongre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Flap Kongre Toplanti lagged returns against current returns
Autocorrelation, which is Flap Kongre 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 Flap Kongre's stock expected returns. We can calculate the autocorrelation of Flap Kongre returns to help us make a trade decision. For example, suppose you find that Flap Kongre 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 |
Flap Kongre 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 Flap Kongre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flap Kongre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flap Kongre stock over time.
Current vs Lagged Prices |
| Timeline |
Flap Kongre Lagged Returns
When evaluating Flap Kongre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flap Kongre stock have on its future price. Flap Kongre 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, Flap Kongre autocorrelation shows the relationship between Flap Kongre stock current value and its past values and can show if there is a momentum factor associated with investing in Flap Kongre Toplanti.
Regressed Prices |
| Timeline |
Pair Trading with Flap Kongre
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 Flap Kongre 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 Flap Kongre will appreciate offsetting losses from the drop in the long position's value.Moving against Flap Stock
| 0.88 | KENT | Kent Gida Maddeleri | PairCorr |
| 0.59 | QNBFB | Qnb Finansbank AS | PairCorr |
| 0.57 | TBORG | Turk Tuborg Bira | PairCorr |
The ability to find closely correlated positions to Flap Kongre could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flap Kongre 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 Flap Kongre - 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 Flap Kongre Toplanti to buy it.
The correlation of Flap Kongre 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 Flap Kongre moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flap Kongre Toplanti 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 Flap Kongre 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.Check out Flap Kongre Correlation, Flap Kongre Volatility and Flap Kongre Alpha and Beta module to complement your research on Flap Kongre. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Flap Stock analysis
When running Flap Kongre's price analysis, check to measure Flap Kongre'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 Flap Kongre is operating at the current time. Most of Flap Kongre's value examination focuses on studying past and present price action to predict the probability of Flap Kongre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flap Kongre's price. Additionally, you may evaluate how the addition of Flap Kongre to your portfolios can decrease your overall portfolio volatility.
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Flap Kongre technical 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, stock market cycles, or different charting patterns.