Aselsan Elektronik (Turkey) Price on July 2, 2024
| ASELS Stock | TRY 67.55 1.45 2.10% |
If you're considering investing in Aselsan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aselsan Elektronik stands at 67.55, as last reported on the 27th of November, with the highest price reaching 69.45 and the lowest price hitting 67.40 during the day. Aselsan Elektronik appears to be very steady, given 3 months investment horizon. Aselsan Elektronik Sanayi secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aselsan Elektronik Sanayi, which you can use to evaluate the volatility of the firm. Please makes use of Aselsan Elektronik's mean deviation of 1.81, and Risk Adjusted Performance of 0.1219 to double-check if our risk estimates are consistent with your expectations.
Aselsan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aselsan |
Sharpe Ratio = 0.116
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Aselsan Elektronik is performing at about 9% 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 Aselsan Elektronik by adding it to a well-diversified portfolio.
Aselsan Elektronik Valuation on July 2, 2024
It is possible to determine the worth of Aselsan Elektronik on a given historical date. On July 2, 2024 Aselsan was worth 56.36 at the beginning of the trading date compared to the closed value of 56.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aselsan Elektronik stock. Still, in general, we apply an absolute valuation method to find Aselsan Elektronik'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 Aselsan Elektronik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aselsan Elektronik's related companies.
| Open | High | Low | Close | Volume | |
| 59.00 | 59.25 | 55.46 | 56.16 | 31,245,869 | |
07/02/2024 | 56.36 | 56.86 | 55.36 | 56.86 | 23,244,480 |
| 57.11 | 58.50 | 56.86 | 58.40 | 31,200,971 |
| Backtest Aselsan Elektronik | | | Aselsan Elektronik History | | | Aselsan Elektronik Valuation | Previous | Next |
Aselsan Elektronik Trading Date Momentum on July 2, 2024
| On July 03 2024 Aselsan Elektronik Sanayi was traded for 58.40 at the closing time. The highest price during the trading period was 58.50 and the lowest recorded bid was listed for 56.86 . The volume for the day was 31.2 M. This history from July 3, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 2.71% . The overall trading delta to the current price is 13.86% . |
Aselsan Elektronik Sanayi Fundamentals Correlations and Trends
By evaluating Aselsan Elektronik'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 Aselsan Elektronik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aselsan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aselsan Elektronik Stock history
Aselsan Elektronik 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 Aselsan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aselsan Elektronik Sanayi 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 Aselsan Elektronik stock prices may prove useful in developing a viable investing in Aselsan Elektronik
Aselsan Elektronik Sanayi ve Ticaret Anonim Sirketi engages in the research, development, engineering, production, testing, assembly, integration, sale, consultancy, and trading of software, equipment, systems, tools, materials, and platforms. Aselsan Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Turkish Armed Forces Foundation. ASELSAN operates under Aerospace Defense classification in Turkey and is traded on Istanbul Stock Exchange. It employs 9644 people.
Aselsan Elektronik Stock Technical Analysis
Aselsan Elektronik 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
Aselsan Elektronik Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Aselsan Elektronik Sanayi 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.
Aselsan Elektronik November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Aselsan Elektronik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aselsan Elektronik shares will generate the highest return on investment. By undertsting and applying Aselsan Elektronik stock market strength indicators, traders can identify Aselsan Elektronik Sanayi entry and exit signals to maximize returns
Aselsan Elektronik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aselsan Elektronik's price direction in advance. Along with the technical and fundamental analysis of Aselsan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aselsan 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 | 0.1219 | |||
| Jensen Alpha | 0.3809 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | (0.77) |
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Complementary Tools for Aselsan Stock analysis
When running Aselsan Elektronik's price analysis, check to measure Aselsan Elektronik'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 Aselsan Elektronik is operating at the current time. Most of Aselsan Elektronik's value examination focuses on studying past and present price action to predict the probability of Aselsan Elektronik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aselsan Elektronik's price. Additionally, you may evaluate how the addition of Aselsan Elektronik to your portfolios can decrease your overall portfolio volatility.
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