Cimentas Izmir (Turkey) Price on November 26, 2024
CMENT Stock | TRY 417.00 5.75 1.40% |
If you're considering investing in Cimentas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cimentas Izmir stands at 417.00, as last reported on the 30th of November, with the highest price reaching 417.00 and the lowest price hitting 400.00 during the day. Cimentas Izmir Cimento secures Sharpe Ratio (or Efficiency) of -0.0133, which signifies that the company had a -0.0133% return per unit of risk over the last 3 months. Cimentas Izmir Cimento exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cimentas Izmir's Downside Deviation of 3.21, mean deviation of 2.46, and Risk Adjusted Performance of 0.0133 to double-check the risk estimate we provide.
Cimentas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cimentas |
Sharpe Ratio = -0.0133
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Estimated Market Risk
3.37 actual daily | 30 70% 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 Cimentas Izmir 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 Cimentas Izmir by adding Cimentas Izmir to a well-diversified portfolio.
Cimentas Izmir Valuation on November 26, 2024
It is possible to determine the worth of Cimentas Izmir on a given historical date. On November 26, 2024 Cimentas was worth 429.5 at the beginning of the trading date compared to the closed value of 429.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cimentas Izmir stock. Still, in general, we apply an absolute valuation method to find Cimentas Izmir'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 Cimentas Izmir where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cimentas Izmir's related companies.
Open | High | Low | Close | Volume | |
428.75 | 429.75 | 428.75 | 429.75 | 8,538 | |
11/26/2024 | 429.50 | 429.50 | 423.75 | 429.50 | 10,541 |
429.50 | 429.50 | 410.25 | 416.50 | 7,179 |
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Cimentas Izmir Trading Date Momentum on November 26, 2024
On November 27 2024 Cimentas Izmir Cimento was traded for 416.50 at the closing time. The highest price during the trading period was 429.50 and the lowest recorded bid was listed for 410.25 . The volume for the day was 7.2 K. This history from November 27, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.03% . The overall trading delta to the current price is 4.31% . |
Cimentas Izmir Cimento Fundamentals Correlations and Trends
By evaluating Cimentas Izmir'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 Cimentas Izmir's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cimentas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cimentas Izmir Stock history
Cimentas Izmir 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 Cimentas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cimentas Izmir Cimento 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 Cimentas Izmir stock prices may prove useful in developing a viable investing in Cimentas Izmir
imentas Izmir imento Fabrikasi Trk A.S., together with its subsidiaries, produces and sells cement in Turkey and internationally. imentas Izmir imento Fabrikasi Trk A.S. is a subsidiary of Aalborg Portland Espaa S.L. CIMENTAS is traded on Istanbul Stock Exchange in Turkey.
Cimentas Izmir Stock Technical Analysis
Cimentas Izmir 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
Cimentas Izmir Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Cimentas Izmir Cimento 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.
Cimentas Izmir November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Cimentas Izmir stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cimentas Izmir shares will generate the highest return on investment. By undertsting and applying Cimentas Izmir stock market strength indicators, traders can identify Cimentas Izmir Cimento entry and exit signals to maximize returns
Cimentas Izmir Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cimentas Izmir's price direction in advance. Along with the technical and fundamental analysis of Cimentas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cimentas 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 | 0.0133 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.55) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0217 |
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Volume Indicators |
Complementary Tools for Cimentas Stock analysis
When running Cimentas Izmir's price analysis, check to measure Cimentas Izmir'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 Cimentas Izmir is operating at the current time. Most of Cimentas Izmir's value examination focuses on studying past and present price action to predict the probability of Cimentas Izmir's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cimentas Izmir's price. Additionally, you may evaluate how the addition of Cimentas Izmir to your portfolios can decrease your overall portfolio volatility.
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