Isbir Holding (Turkey) Market Value
| ISBIR Stock | TRY 133.00 0.80 0.61% |
| Symbol | Isbir |
Isbir Holding '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 Isbir Holding'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 Isbir Holding.
| 05/11/2024 |
| 06/10/2024 |
If you would invest 0.00 in Isbir Holding on May 11, 2024 and sell it all today you would earn a total of 0.00 from holding Isbir Holding AS or generate 0.0% return on investment in Isbir Holding over 30 days. Isbir Holding is related to or competes with Katmerciler Arac, Is Finansal, Seker Finansal, Yesil Gayrimenkul, Zorlu Enerji, Eminis Ambalaj, and Soktas Tekstil. Isbir Holding A.S., together with its subsidiaries, produces, markets, and exports home furnishing products More
Isbir Holding 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 Isbir Holding'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 Isbir Holding AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 6.67 |
Isbir Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Isbir Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Isbir Holding's standard deviation. In reality, there are many statistical measures that can use Isbir Holding historical prices to predict the future Isbir Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.0721 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Isbir Holding'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.
Isbir Holding AS Backtested Returns
We consider Isbir Holding very steady. Isbir Holding AS holds Efficiency (Sharpe) Ratio of 7.0E-4, which attests that the entity had a 7.0E-4% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Isbir Holding AS, which you can use to evaluate the volatility of the firm. Please check out Isbir Holding's Risk Adjusted Performance of (0.01), market risk adjusted performance of 0.0821, and Standard Deviation of 4.03 to validate if the risk estimate we provide is consistent with the expected return of 0.0028%. The company retains a Market Volatility (i.e., Beta) of -1.35, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Isbir Holding are expected to decrease by larger amounts. On the other hand, during market turmoil, Isbir Holding is expected to outperform it. Isbir Holding AS right now retains a risk of 3.93%. Please check out Isbir Holding skewness, and the relationship between the total risk alpha and day median price , to decide if Isbir Holding will be following its current trending patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Isbir Holding AS has virtually no predictability. Overlapping area represents the amount of predictability between Isbir Holding time series from 11th of May 2024 to 26th of May 2024 and 26th of May 2024 to 10th 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 Isbir Holding AS price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Isbir Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 17.31 |
Isbir Holding AS lagged returns against current returns
Autocorrelation, which is Isbir Holding 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 Isbir Holding's stock expected returns. We can calculate the autocorrelation of Isbir Holding returns to help us make a trade decision. For example, suppose you find that Isbir Holding 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 |
Isbir Holding 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 Isbir Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Isbir Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Isbir Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Isbir Holding Lagged Returns
When evaluating Isbir Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Isbir Holding stock have on its future price. Isbir Holding 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, Isbir Holding autocorrelation shows the relationship between Isbir Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Isbir Holding AS.
Regressed Prices |
| Timeline |
Pair Trading with Isbir Holding
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 Isbir Holding 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 Isbir Holding will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Isbir Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Isbir Holding 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 Isbir Holding - 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 Isbir Holding AS to buy it.
The correlation of Isbir Holding 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 Isbir Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Isbir Holding AS 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 Isbir Holding 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 Isbir Stock
Isbir Holding financial ratios help investors to determine whether Isbir 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 Isbir with respect to the benefits of owning Isbir Holding security.