Desa Deri (Turkey) Price on September 30, 2024
| DESA Stock | TRY 20.92 0.04 0.19% |
If you're considering investing in Desa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Desa Deri stands at 20.92, as last reported on the 1st of December, with the highest price reaching 21.00 and the lowest price hitting 20.60 during the day. Currently, Desa Deri Sanayi is not too volatile. Desa Deri Sanayi secures Sharpe Ratio (or Efficiency) of 0.0396, which denotes the company had a 0.0396% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Desa Deri Sanayi, which you can use to evaluate the volatility of the firm. Please confirm Desa Deri's Mean Deviation of 2.12, coefficient of variation of 1776.46, and Downside Deviation of 2.59 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Desa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Desa |
Sharpe Ratio = 0.0396
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Desa Deri is performing at about 3% 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 Desa Deri by adding it to a well-diversified portfolio.
Desa Deri Valuation on September 30, 2024
It is possible to determine the worth of Desa Deri on a given historical date. On September 30, 2024 Desa was worth 22.12 at the beginning of the trading date compared to the closed value of 21.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Desa Deri stock. Still, in general, we apply an absolute valuation method to find Desa Deri'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 Desa Deri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Desa Deri's related companies.
| Open | High | Low | Close | Volume | |
| 20.94 | 22.42 | 20.80 | 22.12 | 2,223,895 | |
09/30/2024 | 22.12 | 22.38 | 21.68 | 21.94 | 760,903 |
| 21.94 | 22.12 | 20.42 | 20.68 | 873,751 |
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Desa Deri Trading Date Momentum on September 30, 2024
| On October 01 2024 Desa Deri Sanayi was traded for 20.68 at the closing time. The highest price during the trading period was 22.12 and the lowest recorded bid was listed for 20.42 . The volume for the day was 873.8 K. This history from October 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.74% . The overall trading delta to the current price is 3.65% . |
Desa Deri Sanayi Fundamentals Correlations and Trends
By evaluating Desa Deri'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 Desa Deri's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Desa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Desa Deri Stock history
Desa Deri 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 Desa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desa Deri 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 Desa Deri stock prices may prove useful in developing a viable investing in Desa Deri
Desa Deri Sanayi ve Ticaret A.S. manufactures, imports, and export, and sells leather and leather products primarily in Turkey. Desa Deri Sanayi ve Ticaret A.S. is a subsidiary of elet Holding A.S. DESA DERI operates under Footwear Accessories classification in Turkey and is traded on Istanbul Stock Exchange. It employs 1421 people.
Desa Deri Stock Technical Analysis
Desa Deri 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
Desa Deri Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Desa Deri 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.
Desa Deri December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Desa Deri stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Desa Deri shares will generate the highest return on investment. By undertsting and applying Desa Deri stock market strength indicators, traders can identify Desa Deri Sanayi entry and exit signals to maximize returns
Desa Deri Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desa Deri's price direction in advance. Along with the technical and fundamental analysis of Desa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desa 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 | 0.0505 | |||
| Jensen Alpha | 0.0792 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 0.256 |
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Additional Tools for Desa Stock Analysis
When running Desa Deri's price analysis, check to measure Desa Deri'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 Desa Deri is operating at the current time. Most of Desa Deri's value examination focuses on studying past and present price action to predict the probability of Desa Deri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desa Deri's price. Additionally, you may evaluate how the addition of Desa Deri to your portfolios can decrease your overall portfolio volatility.