Konya Cimento (Turkey) Price on November 4, 2023
KONYA Stock | TRY 7,042 37.50 0.54% |
If you're considering investing in Konya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Konya Cimento stands at 7,042, as last reported on the 30th of November, with the highest price reaching 7,080 and the lowest price hitting 6,940 during the day. Konya Cimento is very steady at the moment. Konya Cimento Sanayi has Sharpe Ratio of 0.0364, which conveys that the firm had a 0.0364% return per unit of risk over the last 3 months. We have found thirty technical indicators for Konya Cimento, which you can use to evaluate the volatility of the firm. Please verify Konya Cimento's Downside Deviation of 2.5, risk adjusted performance of 0.0577, and Mean Deviation of 1.94 to check out if the risk estimate we provide is consistent with the expected return of 0.0918%.
Konya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Konya |
Sharpe Ratio = 0.0364
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Estimated Market Risk
2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Konya Cimento is performing at about 2% 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 Konya Cimento by adding it to a well-diversified portfolio.
Konya Cimento Valuation on November 4, 2023
It is possible to determine the worth of Konya Cimento on a given historical date. On November 4, 2023 Konya was worth 7700.0 at the beginning of the trading date compared to the closed value of 7500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Konya Cimento stock. Still, in general, we apply an absolute valuation method to find Konya Cimento'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 Konya Cimento where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Konya Cimento's related companies.
Open | High | Low | Close | Volume | |
7,750 | 7,943 | 7,659 | 7,727 | 44,866 | |
11/03/2023 | 7,700 | 7,729 | 7,450 | 7,500 | 29,338 |
7,598 | 7,842 | 7,400 | 7,595 | 37,580 |
Backtest Konya Cimento | | | Konya Cimento History | | | Konya Cimento Valuation | Previous | Next |
Konya Cimento Trading Date Momentum on November 4, 2023
On November 06 2023 Konya Cimento Sanayi was traded for 7,595 at the closing time. The highest price during the trading period was 7,842 and the lowest recorded bid was listed for 7,400 . The volume for the day was 37.6 K. This history from November 6, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.27% . The trading delta at closing time to the current price is 2.67% . |
Konya Cimento Sanayi Fundamentals Correlations and Trends
By evaluating Konya Cimento'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 Konya Cimento's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Konya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Konya Cimento Stock history
Konya Cimento 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 Konya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Konya Cimento 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 Konya Cimento stock prices may prove useful in developing a viable investing in Konya Cimento
Konya imento Sanayii Anonim Sirketi engages in the manufacture and sale of cement, clinker, and ready mixed concrete in Central Anatolia and the Mediterranean Region. Konya imento Sanayii Anonim Sirketi is a subsidiary of Parficim S.A.S. KONYA CIMENTO operates under Building Materials classification in Turkey and is traded on Istanbul Stock Exchange.
Konya Cimento Stock Technical Analysis
Konya Cimento 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
Konya Cimento Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Konya Cimento 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.
Konya Cimento November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Konya Cimento stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Konya Cimento shares will generate the highest return on investment. By undertsting and applying Konya Cimento stock market strength indicators, traders can identify Konya Cimento Sanayi entry and exit signals to maximize returns
Konya Cimento Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Konya Cimento's price direction in advance. Along with the technical and fundamental analysis of Konya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Konya 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 | 0.0577 | |||
Jensen Alpha | 0.069 | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | 0.012 | |||
Treynor Ratio | 0.227 |
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Complementary Tools for Konya Stock analysis
When running Konya Cimento's price analysis, check to measure Konya Cimento'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 Konya Cimento is operating at the current time. Most of Konya Cimento's value examination focuses on studying past and present price action to predict the probability of Konya Cimento's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Konya Cimento's price. Additionally, you may evaluate how the addition of Konya Cimento to your portfolios can decrease your overall portfolio volatility.
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