Ege Gubre (Turkey) Price on December 2, 2024
EGGUB Stock | TRY 57.90 1.50 2.53% |
If you're considering investing in Ege Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ege Gubre stands at 57.90, as last reported on the 11th of December 2024, with the highest price reaching 59.70 and the lowest price hitting 57.50 during the day. Ege Gubre Sanayi secures Sharpe Ratio (or Efficiency) of -0.0541, which denotes the company had a -0.0541% return per unit of risk over the last 3 months. Ege Gubre Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ege Gubre's Mean Deviation of 1.95, standard deviation of 2.72, and Variance of 7.38 to check the risk estimate we provide.
Ege Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ege |
Sharpe Ratio = -0.0541
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Estimated Market Risk
2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ege Gubre 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 Ege Gubre by adding Ege Gubre to a well-diversified portfolio.
Ege Gubre Valuation on December 2, 2024
It is possible to determine the worth of Ege Gubre on a given historical date. On December 2, 2024 Ege was worth 57.45 at the beginning of the trading date compared to the closed value of 57.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ege Gubre stock. Still, in general, we apply an absolute valuation method to find Ege Gubre'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 Ege Gubre where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ege Gubre's related companies.
Open | High | Low | Close | Volume | |
56.95 | 58.00 | 56.40 | 57.70 | 718,575 | |
12/02/2024 | 57.45 | 57.60 | 56.75 | 57.50 | 371,295 |
57.55 | 57.90 | 57.15 | 57.35 | 488,596 |
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Ege Gubre Trading Date Momentum on December 2, 2024
On December 03 2024 Ege Gubre Sanayi was traded for 57.35 at the closing time. The highest price during the trading period was 57.90 and the lowest recorded bid was listed for 57.15 . The volume for the day was 488.6 K. This history from December 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.26% . The overall trading delta to the current price is 3.65% . |
Ege Gubre Sanayi Fundamentals Correlations and Trends
By evaluating Ege Gubre'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 Ege Gubre's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ege financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ege Gubre Stock history
Ege Gubre 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 Ege is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ege Gubre 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 Ege Gubre stock prices may prove useful in developing a viable investing in Ege Gubre
Ege Gbre Sanayii A.S. produces and sells fertilizers in Turkey. The company was founded in 1973 and is based in Izmir, Turkey. EGE GUBRE operates under Agricultural Inputs classification in Turkey and is traded on Istanbul Stock Exchange. It employs 465 people.
Ege Gubre Stock Technical Analysis
Ege Gubre 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
Ege Gubre Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ege Gubre 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.
Ege Gubre December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ege Gubre stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ege Gubre shares will generate the highest return on investment. By undertsting and applying Ege Gubre stock market strength indicators, traders can identify Ege Gubre Sanayi entry and exit signals to maximize returns
Ege Gubre Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ege Gubre's price direction in advance. Along with the technical and fundamental analysis of Ege Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ege 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 | (0.03) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (0.77) |
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Complementary Tools for Ege Stock analysis
When running Ege Gubre's price analysis, check to measure Ege Gubre'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 Ege Gubre is operating at the current time. Most of Ege Gubre's value examination focuses on studying past and present price action to predict the probability of Ege Gubre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ege Gubre's price. Additionally, you may evaluate how the addition of Ege Gubre to your portfolios can decrease your overall portfolio volatility.
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