Aydem Yenilenebilir (Turkey) Price on October 23, 2023

AYDEM Stock  TRY 24.42  0.24  0.97%   
If you're considering investing in Aydem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aydem Yenilenebilir stands at 24.42, as last reported on the 1st of December, with the highest price reaching 24.88 and the lowest price hitting 24.38 during the day. Aydem Yenilenebilir secures Sharpe Ratio (or Efficiency) of -0.0149, which signifies that the company had a -0.0149% return per unit of standard deviation over the last 3 months. Aydem Yenilenebilir Enerji exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aydem Yenilenebilir's mean deviation of 1.79, and Risk Adjusted Performance of 0.0032 to double-check the risk estimate we provide.
  
Aydem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0149

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Estimated Market Risk

 2.41
  actual daily
21
79% 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 Aydem Yenilenebilir 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 Aydem Yenilenebilir by adding Aydem Yenilenebilir to a well-diversified portfolio.

Aydem Yenilenebilir Valuation on October 23, 2023

It is possible to determine the worth of Aydem Yenilenebilir on a given historical date. On October 23, 2023 Aydem was worth 19.52 at the beginning of the trading date compared to the closed value of 20.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aydem Yenilenebilir stock. Still, in general, we apply an absolute valuation method to find Aydem Yenilenebilir'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 Aydem Yenilenebilir where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aydem Yenilenebilir's related companies.
 Open High Low Close Volume
  20.53    20.53    18.78    19.37    5,368,011  
10/23/2023
  19.52    20.41    19.45    20.23    3,410,021  
  20.43    21.53    20.06    21.14    3,849,036  
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Open Value
19.52
20.23
Closing Value
26.74
Upside

Aydem Yenilenebilir Trading Date Momentum on October 23, 2023

On October 24 2023 Aydem Yenilenebilir Enerji was traded for  21.14  at the closing time. The highest price during the trading period was 21.53  and the lowest recorded bid was listed for  20.06 . The volume for the day was 3.8 M. This history from October 24, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 4.50% . The overall trading delta to the current price is 5.64% .

Aydem Yenilenebilir Fundamentals Correlations and Trends

By evaluating Aydem Yenilenebilir'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 Aydem Yenilenebilir's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aydem financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aydem Yenilenebilir Stock history

Aydem Yenilenebilir 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 Aydem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aydem Yenilenebilir 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 Aydem Yenilenebilir stock prices may prove useful in developing a viable investing in Aydem Yenilenebilir
Aydem Yenilenebilir Enerji A.S. operates as a renewable energy company in Turkey. The company was founded in 1995 and is based in Merkezefendi, Turkey. AYDEM ENERJI is traded on Istanbul Stock Exchange in Turkey.

Aydem Yenilenebilir Stock Technical Analysis

Aydem Yenilenebilir 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.
A focus of Aydem Yenilenebilir technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aydem Yenilenebilir trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aydem Yenilenebilir Period Price Range

Low
December 1, 2024
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High

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Aydem Yenilenebilir 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.

Aydem Yenilenebilir December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Aydem Yenilenebilir stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aydem Yenilenebilir shares will generate the highest return on investment. By undertsting and applying Aydem Yenilenebilir stock market strength indicators, traders can identify Aydem Yenilenebilir Enerji entry and exit signals to maximize returns

Aydem Yenilenebilir Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aydem Yenilenebilir's price direction in advance. Along with the technical and fundamental analysis of Aydem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aydem 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.

Complementary Tools for Aydem Stock analysis

When running Aydem Yenilenebilir's price analysis, check to measure Aydem Yenilenebilir'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 Aydem Yenilenebilir is operating at the current time. Most of Aydem Yenilenebilir's value examination focuses on studying past and present price action to predict the probability of Aydem Yenilenebilir's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aydem Yenilenebilir's price. Additionally, you may evaluate how the addition of Aydem Yenilenebilir to your portfolios can decrease your overall portfolio volatility.
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