Alkim Alkali (Turkey) Price on November 22, 2024
ALKIM Stock | TRY 33.28 0.46 1.40% |
If you're considering investing in Alkim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alkim Alkali stands at 33.28, as last reported on the 30th of November, with the highest price reaching 33.80 and the lowest price hitting 32.74 during the day. Alkim Alkali Kimya secures Sharpe Ratio (or Efficiency) of -0.0073, which signifies that the company had a -0.0073% return per unit of risk over the last 3 months. Alkim Alkali Kimya exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alkim Alkali's Downside Deviation of 1.66, mean deviation of 1.57, and Risk Adjusted Performance of 0.0215 to double-check the risk estimate we provide.
Alkim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alkim |
Sharpe Ratio = -0.0073
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Estimated Market Risk
2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alkim Alkali 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 Alkim Alkali by adding Alkim Alkali to a well-diversified portfolio.
Alkim Alkali Valuation on November 22, 2024
It is possible to determine the worth of Alkim Alkali on a given historical date. On November 22, 2024 Alkim was worth 32.06 at the beginning of the trading date compared to the closed value of 33.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkim Alkali stock. Still, in general, we apply an absolute valuation method to find Alkim Alkali'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 Alkim Alkali where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkim Alkali's related companies.
Open | High | Low | Close | Volume | |
31.32 | 32.22 | 31.26 | 32.22 | 1,006,239 | |
11/22/2024 | 32.06 | 33.34 | 31.60 | 33.04 | 1,595,412 |
33.04 | 34.08 | 32.92 | 33.62 | 2,084,975 |
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Alkim Alkali Trading Date Momentum on November 22, 2024
On November 25 2024 Alkim Alkali Kimya was traded for 33.62 at the closing time. The highest price during the trading period was 34.08 and the lowest recorded bid was listed for 32.92 . The volume for the day was 2.1 M. This history from November 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the current price is 0.61% . |
Alkim Alkali Kimya Fundamentals Correlations and Trends
By evaluating Alkim Alkali'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 Alkim Alkali's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alkim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alkim Alkali Stock history
Alkim Alkali 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 Alkim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkim Alkali Kimya 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 Alkim Alkali stock prices may prove useful in developing a viable investing in Alkim Alkali
Alkim Alkali Kimya A.S. produces and sells paper products in Turkey and internationally. Alkim Alkali Kimya A.S. was founded in 1948 and is headquartered in Istanbul, Turkey. ALKIM KIMYA operates under Paper Paper Products classification in Turkey and is traded on Istanbul Stock Exchange. It employs 406 people.
Alkim Alkali Stock Technical Analysis
Alkim Alkali 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
Alkim Alkali Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alkim Alkali Kimya 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.
Alkim Alkali November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alkim Alkali stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkim Alkali shares will generate the highest return on investment. By undertsting and applying Alkim Alkali stock market strength indicators, traders can identify Alkim Alkali Kimya entry and exit signals to maximize returns
Alkim Alkali Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alkim Alkali's price direction in advance. Along with the technical and fundamental analysis of Alkim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alkim 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 | 0.0215 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.1129 |
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Volume Indicators |
Complementary Tools for Alkim Stock analysis
When running Alkim Alkali's price analysis, check to measure Alkim Alkali'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 Alkim Alkali is operating at the current time. Most of Alkim Alkali's value examination focuses on studying past and present price action to predict the probability of Alkim Alkali's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkim Alkali's price. Additionally, you may evaluate how the addition of Alkim Alkali to your portfolios can decrease your overall portfolio volatility.
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