Alfas Solar (Turkey) Price on August 25, 2023
| ALFAS Stock | 56.95 0.45 0.80% |
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 56.95, as last reported on the 11th of December 2024, with the highest price reaching 58.20 and the lowest price hitting 55.50 during the day. Alfas Solar is very steady at the moment. Alfas Solar Enerji secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the company had a 0.0617% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Alfas Solar Enerji, which you can use to evaluate the volatility of the firm. Please confirm Alfas Solar's mean deviation of 2.21, and Risk Adjusted Performance of 0.0224 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Alfas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alfas |
Sharpe Ratio = 0.0617
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ALFAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Alfas Solar is performing at about 4% 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 Alfas Solar by adding it to a well-diversified portfolio.
Alfas Solar Valuation on August 25, 2023
It is possible to determine the worth of Alfas Solar on a given historical date. On August 25, 2023 Alfas was worth 107.18 at the beginning of the trading date compared to the closed value of 107.18. 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 | |
| 102.60 | 107.49 | 95.29 | 97.44 | 17,580,760 | |
08/25/2023 | 107.18 | 107.18 | 102.71 | 107.18 | 10,402,960 |
| 111.26 | 117.90 | 111.09 | 117.90 | 6,235,208 |
| Backtest Alfas Solar | | | Alfas Solar History | | | Alfas Solar Valuation | Previous | Next |
Alfas Solar Trading Date Momentum on August 25, 2023
| On August 28 2023 Alfas Solar Enerji was traded for 117.90 at the closing time. The highest price during the trading period was 117.90 and the lowest recorded bid was listed for 111.09 . The volume for the day was 6.2 M. This history from August 28, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 10.00% . The overall trading delta to the current price is 46.24% . |
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 | December 11, 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 December 11, 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 | 0.0224 | |||
| Jensen Alpha | 0.0907 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.16) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |