TKHVY OTC Stock Market Value

TKHVY -  USA Stock  

USD 25.69  0.51  1.95%

Turk Hava's market value is the price at which a share of Turk Hava stock trades on a public exchange. It measures the collective expectations of Turk Hava Yallari investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Turk Hava Yallari and determine expected loss or profit from investing in Turk Hava over a given investment horizon. Additionally, take a look at Turk Hava Hype Analysis, Turk Hava Correlation, Turk Hava Valuation, Turk Hava Volatility, as well as analyze Turk Hava Alpha and Beta and Turk Hava Performance.
Symbol
Backtest


Is Turk Hava's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turk Hava. If investors know TKHVY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turk Hava listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Turk Hava Yallari is measured differently than its book value, which is the value of TKHVY that is recorded on the company's balance sheet. Investors also form their own opinion of Turk Hava's value that differs from its market value or its book value, called intrinsic value, which is Turk Hava's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turk Hava's market value can be influenced by many factors that don't directly affect Turk Hava's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turk Hava's value and its price as these two are different measures arrived at by different means. Investors typically determine Turk Hava value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turk Hava'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.

Turk Hava '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 Turk Hava'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 Turk Hava.
0.00
05/28/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
05/18/2022
0.00
If you would invest  0.00  in Turk Hava on May 28, 2020 and sell it all today you would earn a total of 0.00 from holding Turk Hava Yallari or generate 0.0% return on investment in Turk Hava over 720 days. Turk Hava is related to or competes with Southwest Airlines, Delta Air, Ryanair Hlds, Ryanair Holdings, AIR CHINA, Air China, and China Southern. Trk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and inter...

Turk Hava 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 Turk Hava'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 Turk Hava Yallari upside and downside potential and time the market with a certain degree of confidence.

Turk Hava Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Turk Hava's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Turk Hava's standard deviation. In reality, there are many statistical measures that can use Turk Hava historical prices to predict the future Turk Hava's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Turk Hava'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. Please use the tools below to analyze the current value of Turk Hava in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.8725.6929.51
Details
Intrinsic
Valuation
LowReal ValueHigh
24.2928.1131.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Turk Hava. Your research has to be compared to or analyzed against Turk Hava's peers to derive any actionable benefits. When done correctly, Turk Hava's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Turk Hava Yallari.

Turk Hava Yallari Backtested Returns

Turk Hava appears to be not too volatile, given 3 months investment horizon. Turk Hava Yallari owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.095, which indicates the firm had 0.095% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Turk Hava Yallari, which you can use to evaluate the future volatility of the company. Please review Turk Hava's Semi Deviation of 2.38, coefficient of variation of 872.95, and Risk Adjusted Performance of 0.154 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Turk Hava holds a performance score of 6. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Let's try to break down what TKHVY's beta means in this case. Turk Hava returns are very sensitive to returns on the market. As the market goes up or down, Turk Hava is expected to follow. Although it is vital to follow Turk Hava Yallari current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Turk Hava Yallari technical indicators, you can presently evaluate if the expected return of 0.36% will be sustainable into the future. Please operates Turk Hava total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change to make a quick decision on whether Turk Hava Yallari existing price patterns will revert.

Auto-correlation

    
  0.12  

Insignificant predictability

Turk Hava Yallari has insignificant predictability. Overlapping area represents the amount of predictability between Turk Hava time series from 28th of May 2020 to 23rd of May 2021 and 23rd of May 2021 to 18th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Turk Hava Yallari price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Turk Hava price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test-0.07
Residual Average0.0
Price Variance14.78

Turk Hava Yallari lagged returns against current returns

Autocorrelation, which is Turk Hava 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 Turk Hava's otc stock expected returns. We can calculate the autocorrelation of Turk Hava returns to help us make a trade decision. For example, suppose you find that Turk Hava otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

Turk Hava Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Turk Hava without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Turk Hava Hype Analysis, Turk Hava Correlation, Turk Hava Valuation, Turk Hava Volatility, as well as analyze Turk Hava Alpha and Beta and Turk Hava Performance. Note that the Turk Hava Yallari information on this page should be used as a complementary analysis to other Turk Hava'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Turk Hava Yallari price analysis, check to measure Turk Hava'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 Turk Hava is operating at the current time. Most of Turk Hava's value examination focuses on studying past and present price action to predict the probability of Turk Hava's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Turk Hava's price. Additionally, you may evaluate how the addition of Turk Hava to your portfolios can decrease your overall portfolio volatility.
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Turk Hava 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, stock market cycles, or different charting patterns.
A focus of Turk Hava technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Turk Hava 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...