Akbank TAS (Turkey) Price on October 31, 2024
| AKBNK Stock | TRY 59.20 0.40 0.67% |
If you're considering investing in Akbank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akbank TAS stands at 59.20, as last reported on the 27th of November, with the highest price reaching 60.30 and the lowest price hitting 58.75 during the day. Akbank TAS is very steady at the moment. Akbank TAS secures Sharpe Ratio (or Efficiency) of 0.0233, which signifies that the company had a 0.0233% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Akbank TAS, which you can use to evaluate the volatility of the firm. Please confirm Akbank TAS's mean deviation of 2.33, and Risk Adjusted Performance of 0.0194 to double-check if the risk estimate we provide is consistent with the expected return of 0.0739%.
Akbank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akbank |
Sharpe Ratio = 0.0233
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| Cash | Small Risk | AKBNK | High Risk | Huge Risk |
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Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Akbank TAS is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Akbank TAS by adding it to a well-diversified portfolio.
Akbank TAS Valuation on October 31, 2024
It is possible to determine the worth of Akbank TAS on a given historical date. On October 31, 2024 Akbank was worth 51.05 at the beginning of the trading date compared to the closed value of 50.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akbank TAS stock. Still, in general, we apply an absolute valuation method to find Akbank TAS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Akbank TAS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akbank TAS's related companies.
| Open | High | Low | Close | Volume | |
| 50.05 | 51.30 | 49.72 | 51.00 | 65,076,142 | |
10/31/2024 | 51.05 | 51.50 | 50.30 | 50.60 | 71,978,732 |
| 50.85 | 51.95 | 49.40 | 49.92 | 88,745,294 |
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Akbank TAS Trading Date Momentum on October 31, 2024
| On November 01 2024 Akbank TAS was traded for 49.92 at the closing time. The highest price during the trading period was 51.95 and the lowest recorded bid was listed for 49.40 . The volume for the day was 88.7 M. This history from November 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.34% . The overall trading delta to the current price is 1.58% . |
Akbank TAS Fundamentals Correlations and Trends
By evaluating Akbank TAS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akbank TAS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akbank TAS Stock history
Akbank TAS investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Akbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akbank TAS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Akbank TAS stock prices may prove useful in developing a viable investing in Akbank TAS
Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey. AKBANK operates under BanksRegional classification in Turkey and is traded on Istanbul Stock Exchange. It employs 12718 people.
Akbank TAS Stock Technical Analysis
Akbank TAS 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.
Price Boundaries
Akbank TAS Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Akbank TAS cannot be verified against its exchange. Please verify the symbol is currently traded on Istanbul Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Akbank TAS November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Akbank TAS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akbank TAS shares will generate the highest return on investment. By undertsting and applying Akbank TAS stock market strength indicators, traders can identify Akbank TAS entry and exit signals to maximize returns
Akbank TAS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akbank TAS's price direction in advance. Along with the technical and fundamental analysis of Akbank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akbank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0914 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Akbank Stock analysis
When running Akbank TAS's price analysis, check to measure Akbank TAS'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 Akbank TAS is operating at the current time. Most of Akbank TAS's value examination focuses on studying past and present price action to predict the probability of Akbank TAS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akbank TAS's price. Additionally, you may evaluate how the addition of Akbank TAS to your portfolios can decrease your overall portfolio volatility.
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