Turk Prysmian (Turkey) Price on February 22, 2024

PRKAB Stock  TRY 30.30  0.88  2.82%   
If you're considering investing in Turk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turk Prysmian stands at 30.30, as last reported on the 11th of December 2024, with the highest price reaching 31.48 and the lowest price hitting 30.04 during the day. Turk Prysmian Kablo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.012, which indicates the firm had a -0.012% return per unit of risk over the last 3 months. Turk Prysmian Kablo exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turk Prysmian's Variance of 3.81, coefficient of variation of (1,654), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Turk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.012

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Estimated Market Risk

 1.9
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.02
  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 Turk Prysmian 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 Turk Prysmian by adding Turk Prysmian to a well-diversified portfolio.

Turk Prysmian Valuation on February 22, 2024

It is possible to determine the worth of Turk Prysmian on a given historical date. On February 22, 2024 Turk was worth 42.24 at the beginning of the trading date compared to the closed value of 46.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turk Prysmian stock. Still, in general, we apply an absolute valuation method to find Turk Prysmian'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 Turk Prysmian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turk Prysmian's related companies.
 Open High Low Close Volume
  44.00    44.36    40.66    42.24    3,017,063  
02/22/2024
  42.24    46.46    41.56    46.46    3,569,358  
  46.36    46.98    42.22    42.80    7,197,341  
Backtest Turk Prysmian  |  Turk Prysmian History  |  Turk Prysmian Valuation   PreviousNext  
Open Value
42.24
46.46
Closing Value
47.94
Upside

Turk Prysmian Trading Date Momentum on February 22, 2024

On February 23 2024 Turk Prysmian Kablo was traded for  42.80  at the closing time. The highest price during the trading period was 46.98  and the lowest recorded bid was listed for  42.22 . The volume for the day was 7.2 M. This history from February 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.88% . The trading price change to the current price is 14.94% .

Turk Prysmian Kablo Fundamentals Correlations and Trends

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

About Turk Prysmian Stock history

Turk Prysmian 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 Turk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turk Prysmian Kablo 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 Turk Prysmian stock prices may prove useful in developing a viable investing in Turk Prysmian
Trk Prysmian Kablo ve Sistemleri Anonim Sirketi engages in the manufacture, import, export, and trading of cables, conductors, machinery, apparatus, tools and equipment, and spare parts and accessories for energy and telecommunication industries worldwide. Trk Prysmian Kablo ve Sistemleri Anonim Sirketi is a subsidiary of Draka Holding B.V. TURK PRYSMIAN operates under Communication Equipment classification in Turkey and is traded on Istanbul Stock Exchange. It employs 479 people.

Turk Prysmian Stock Technical Analysis

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

Turk Prysmian Period Price Range

Low
December 11, 2024
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High

 0.00 

     

 0.00 

Turk Prysmian Kablo 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.

Turk Prysmian December 11, 2024 Market Strength

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

Turk Prysmian Technical and Predictive Indicators

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

Complementary Tools for Turk Stock analysis

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