Atlas Menkul (Turkey) Price on September 6, 2024
ATLAS Stock | TRY 5.89 0.15 2.61% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Menkul stands at 5.89, as last reported on the 2nd of December, with the highest price reaching 5.89 and the lowest price hitting 5.68 during the day. Atlas Menkul Kiymetler secures Sharpe Ratio (or Efficiency) of -0.0132, which signifies that the company had a -0.0132% return per unit of risk over the last 3 months. Atlas Menkul Kiymetler exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Menkul's Mean Deviation of 2.11, downside deviation of 2.1, and Risk Adjusted Performance of 0.0602 to double-check the risk estimate we provide.
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = -0.0132
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Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.04 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 Atlas Menkul 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 Atlas Menkul by adding Atlas Menkul to a well-diversified portfolio.
Atlas Menkul Valuation on September 6, 2024
It is possible to determine the worth of Atlas Menkul on a given historical date. On September 6, 2024 Atlas was worth 5.8 at the beginning of the trading date compared to the closed value of 5.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Menkul stock. Still, in general, we apply an absolute valuation method to find Atlas Menkul'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 Atlas Menkul where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Menkul's related companies.
Open | High | Low | Close | Volume | |
5.98 | 6.00 | 5.71 | 5.80 | 893,404 | |
09/06/2024 | 5.80 | 5.83 | 5.53 | 5.70 | 844,198 |
5.74 | 5.78 | 5.50 | 5.60 | 739,792 |
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Atlas Menkul Trading Date Momentum on September 6, 2024
On September 09 2024 Atlas Menkul Kiymetler was traded for 5.60 at the closing time. The highest price during the trading period was 5.78 and the lowest recorded bid was listed for 5.50 . The volume for the day was 739.8 K. This history from September 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.75% . The overall trading delta to the current price is 3.68% . |
Atlas Menkul Kiymetler Fundamentals Correlations and Trends
By evaluating Atlas Menkul'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 Atlas Menkul's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atlas Menkul Stock history
Atlas Menkul 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 Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Menkul Kiymetler 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 Atlas Menkul stock prices may prove useful in developing a viable investing in Atlas Menkul
Atlas Menkul Kiymetler Yatirim Ortakligi A.S. engages in the portfolio management activities related to securities traded on national and international exchanges. The company was founded in 1994 and is based in Istanbul, Turkey. ATLAS YAT operates under Capital Markets classification in Turkey and is traded on Istanbul Stock Exchange. It employs 5 people.
Atlas Menkul Stock Technical Analysis
Atlas Menkul 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
Atlas Menkul Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Atlas Menkul Kiymetler 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.
Atlas Menkul December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Menkul stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Menkul shares will generate the highest return on investment. By undertsting and applying Atlas Menkul stock market strength indicators, traders can identify Atlas Menkul Kiymetler entry and exit signals to maximize returns
Atlas Menkul Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Menkul's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas 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 | 0.0602 | |||
Jensen Alpha | 0.2217 | |||
Total Risk Alpha | (0.30) | |||
Sortino Ratio | 0.0321 | |||
Treynor Ratio | (0.94) |
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Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Atlas Stock analysis
When running Atlas Menkul's price analysis, check to measure Atlas Menkul'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 Atlas Menkul is operating at the current time. Most of Atlas Menkul's value examination focuses on studying past and present price action to predict the probability of Atlas Menkul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Menkul's price. Additionally, you may evaluate how the addition of Atlas Menkul to your portfolios can decrease your overall portfolio volatility.
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