Alfas Solar (Turkey) Price on January 26, 2024
| ALFAS Stock | 50.75 0.30 0.59% |
If you're considering investing in Alfas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alfas Solar stands at 50.75, as last reported on the 30th of November, with the highest price reaching 51.95 and the lowest price hitting 50.65 during the day. Alfas Solar Enerji secures Sharpe Ratio (or Efficiency) of -0.0621, which signifies that the company had a -0.0621% return per unit of standard deviation over the last 3 months. Alfas Solar Enerji exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alfas Solar's risk adjusted performance of (0.03), and Mean Deviation of 2.15 to double-check the risk estimate we provide.
Alfas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alfas |
Sharpe Ratio = -0.0621
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alfas Solar is not performing at its full potential. However, 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 Alfas Solar by adding Alfas Solar to a well-diversified portfolio.
Alfas Solar Valuation on January 26, 2024
It is possible to determine the worth of Alfas Solar on a given historical date. On January 26, 2024 Alfas was worth 90.3 at the beginning of the trading date compared to the closed value of 92.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alfas Solar stock. Still, in general, we apply an absolute valuation method to find Alfas Solar'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 Alfas Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alfas Solar's related companies.
| Open | High | Low | Close | Volume | |
| 90.80 | 91.83 | 89.66 | 90.06 | 6,150,052 | |
01/26/2024 | 90.30 | 94.55 | 90.16 | 92.72 | 10,094,630 |
| 93.36 | 101.99 | 93.36 | 101.89 | 16,751,420 |
| Backtest Alfas Solar | | | Alfas Solar History | | | Alfas Solar Valuation | Previous | Next |
Alfas Solar Trading Date Momentum on January 26, 2024
| On January 29 2024 Alfas Solar Enerji was traded for 101.89 at the closing time. The highest price during the trading period was 101.99 and the lowest recorded bid was listed for 93.36 . The volume for the day was 16.8 M. This history from January 29, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 9.89% . The overall trading delta to the current price is 8.20% . |
About Alfas Solar Stock history
Alfas Solar 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 Alfas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alfas Solar Enerji 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 Alfas Solar stock prices may prove useful in developing a viable investing in Alfas Solar
Alfas Solar Stock Technical Analysis
Alfas Solar 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
Alfas Solar Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alfas Solar Enerji 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.
Alfas Solar November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alfas Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alfas Solar shares will generate the highest return on investment. By undertsting and applying Alfas Solar stock market strength indicators, traders can identify Alfas Solar Enerji entry and exit signals to maximize returns
Alfas Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alfas Solar's price direction in advance. Along with the technical and fundamental analysis of Alfas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alfas 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 | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.35) |
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| Volume Indicators |
Complementary Tools for Alfas Stock analysis
When running Alfas Solar's price analysis, check to measure Alfas Solar'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 Alfas Solar is operating at the current time. Most of Alfas Solar's value examination focuses on studying past and present price action to predict the probability of Alfas Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfas Solar's price. Additionally, you may evaluate how the addition of Alfas Solar to your portfolios can decrease your overall portfolio volatility.
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