ODAS Elektrik (Turkey) Price on October 31, 2023

ODAS Stock  TRY 6.56  0.06  0.91%   
If you're considering investing in ODAS Stock, it is important to understand the factors that can impact its price. As of today, the current price of ODAS Elektrik stands at 6.56, as last reported on the 13th of December 2024, with the highest price reaching 6.80 and the lowest price hitting 6.53 during the day. ODAS Elektrik Uretim retains Efficiency (Sharpe Ratio) of -0.0121, which implies the firm had a -0.0121% return per unit of risk over the last 3 months. ODAS Elektrik exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ODAS Elektrik's semi deviation of 2.99, and Market Risk Adjusted Performance of 0.2781 to confirm the risk estimate we provide.
  
ODAS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0121

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Estimated Market Risk

 2.5
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.03
  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 ODAS Elektrik 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 ODAS Elektrik by adding ODAS Elektrik to a well-diversified portfolio.

ODAS Elektrik Valuation on October 31, 2023

It is possible to determine the worth of ODAS Elektrik on a given historical date. On October 31, 2023 ODAS was worth 13.12 at the beginning of the trading date compared to the closed value of 11.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ODAS Elektrik stock. Still, in general, we apply an absolute valuation method to find ODAS Elektrik'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 ODAS Elektrik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ODAS Elektrik's related companies.
 Open High Low Close Volume
  13.16    13.49    13.00    13.12    157,568,015  
10/31/2023
  13.12    13.27    11.81    11.81    184,091,509  
  12.00    12.16    10.99    11.50    183,038,484  
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Open Value
13.12
11.81
Closing Value
20.62
Upside

ODAS Elektrik Trading Date Momentum on October 31, 2023

On November 01 2023 ODAS Elektrik Uretim was traded for  11.50  at the closing time. The highest price during the trading period was 12.16  and the lowest recorded bid was listed for  10.99 . The volume for the day was 183 M. This history from November 1, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.62% . The trading delta at closing time to the current price is 0.34% .

ODAS Elektrik Uretim Fundamentals Correlations and Trends

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

About ODAS Elektrik Stock history

ODAS Elektrik 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 ODAS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ODAS Elektrik Uretim 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 ODAS Elektrik stock prices may prove useful in developing a viable investing in ODAS Elektrik
Odas Elektrik retim Sanayi Ticaret A.S., together with its subsidiaries, produces and sells electricity by natural gas combined cycling in Turkey and internationally. Odas Elektrik retim Sanayi Ticaret A.S. was founded in 2010 and is headquartered in Istanbul, Turkey. ODAS ELEKTRIK operates under UtilitiesRegulated Electric classification in Turkey and is traded on Istanbul Stock Exchange. It employs 978 people.

ODAS Elektrik Stock Technical Analysis

ODAS Elektrik 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 ODAS Elektrik technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ODAS Elektrik 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

ODAS Elektrik Period Price Range

Low
December 13, 2024
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High

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ODAS Elektrik Uretim 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.

ODAS Elektrik December 13, 2024 Market Strength

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

ODAS Elektrik Technical and Predictive Indicators

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

Additional Tools for ODAS Stock Analysis

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