Politeknik Metal (Turkey) Price on November 22, 2024
POLTK Stock | TRY 7,895 717.50 10.00% |
If you're considering investing in Politeknik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Politeknik Metal stands at 7,895, as last reported on the 26th of November, with the highest price reaching 7,895 and the lowest price hitting 7,275 during the day. Politeknik Metal Sanayi maintains Sharpe Ratio (i.e., Efficiency) of -0.0348, which implies the firm had a -0.0348% return per unit of risk over the last 3 months. Politeknik Metal Sanayi exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Politeknik Metal's Semi Deviation of 2.31, coefficient of variation of 4118.35, and Risk Adjusted Performance of 0.0259 to confirm the risk estimate we provide.
Politeknik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Politeknik |
Sharpe Ratio = -0.0348
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Estimated Market Risk
2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Politeknik Metal 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 Politeknik Metal by adding Politeknik Metal to a well-diversified portfolio.
Politeknik Metal Valuation on November 22, 2024
It is possible to determine the worth of Politeknik Metal on a given historical date. On November 22, 2024 Politeknik was worth 6480.0 at the beginning of the trading date compared to the closed value of 6525.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Politeknik Metal stock. Still, in general, we apply an absolute valuation method to find Politeknik Metal'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 Politeknik Metal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Politeknik Metal's related companies.
Open | High | Low | Close | Volume | |
6,335 | 6,540 | 6,262 | 6,452 | 3,158 | |
11/22/2024 | 6,480 | 6,552 | 6,360 | 6,525 | 3,123 |
6,525 | 7,178 | 6,525 | 7,178 | 12,645 |
Backtest Politeknik Metal | | | Politeknik Metal History | | | Politeknik Metal Valuation | Previous | Next |
Politeknik Metal Trading Date Momentum on November 22, 2024
On November 25 2024 Politeknik Metal Sanayi was traded for 7,178 at the closing time. The highest price during the trading period was 7,178 and the lowest recorded bid was listed for 6,525 . The volume for the day was 12.6 K. This history from November 25, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 10.00% . The trading delta at closing time to the current price is 11.49% . |
Politeknik Metal Sanayi Fundamentals Correlations and Trends
By evaluating Politeknik Metal'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 Politeknik Metal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Politeknik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Politeknik Metal Stock history
Politeknik Metal 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 Politeknik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Politeknik Metal 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 Politeknik Metal stock prices may prove useful in developing a viable investing in Politeknik Metal
Politeknik Metal Sanayi ve Ticaret Anonim Sirketi manufactures and sells aluminum surface treatment chemicals in Turkey. Politeknik Metal Sanayi ve Ticaret Anonim Sirketi was founded in 1985 and is headquartered in Istanbul, Turkey. POLITEKNIK METAL operates under Specialty Chemicals classification in Turkey and is traded on Istanbul Stock Exchange. It employs 59 people.
Politeknik Metal Stock Technical Analysis
Politeknik Metal 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
Politeknik Metal Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Politeknik Metal 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.
Politeknik Metal November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Politeknik Metal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Politeknik Metal shares will generate the highest return on investment. By undertsting and applying Politeknik Metal stock market strength indicators, traders can identify Politeknik Metal Sanayi entry and exit signals to maximize returns
Politeknik Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Politeknik Metal's price direction in advance. Along with the technical and fundamental analysis of Politeknik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Politeknik 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 | 0.0259 | |||
Jensen Alpha | 0.0137 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.1533 |
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Volume Indicators |
Complementary Tools for Politeknik Stock analysis
When running Politeknik Metal's price analysis, check to measure Politeknik Metal'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 Politeknik Metal is operating at the current time. Most of Politeknik Metal's value examination focuses on studying past and present price action to predict the probability of Politeknik Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Politeknik Metal's price. Additionally, you may evaluate how the addition of Politeknik Metal to your portfolios can decrease your overall portfolio volatility.
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