Tofas Turk Stock Forecast - Price Action Indicator

TOASO Stock  TRY 207.50  6.80  3.39%   
Tofas Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tofas Turk's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Tofas Turk Otomobil has current Price Action Indicator of 5.9. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Tofas Turk Trading Date Momentum

On November 22 2024 Tofas Turk Otomobil was traded for  207.50  at the closing time. The highest price during the trading period was 208.00  and the lowest recorded bid was listed for  202.00 . The volume for the day was 6 M. This history from November 22, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.65% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Tofas Turk

For every potential investor in Tofas, whether a beginner or expert, Tofas Turk's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tofas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tofas. Basic forecasting techniques help filter out the noise by identifying Tofas Turk's price trends.

Tofas Turk Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tofas Turk stock to make a market-neutral strategy. Peer analysis of Tofas Turk could also be used in its relative valuation, which is a method of valuing Tofas Turk by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Tofas Turk Otomobil Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tofas Turk's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tofas Turk's current price.

Tofas Turk Market Strength Events

Market strength indicators help investors to evaluate how Tofas Turk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tofas Turk shares will generate the highest return on investment. By undertsting and applying Tofas Turk stock market strength indicators, traders can identify Tofas Turk Otomobil entry and exit signals to maximize returns.

Tofas Turk Risk Indicators

The analysis of Tofas Turk's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Tofas Turk's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tofas stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Tofas Stock

Tofas Turk financial ratios help investors to determine whether Tofas 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 Tofas with respect to the benefits of owning Tofas Turk security.