Turkiye Sise (Turkey) Price on September 19, 2024
SISE Stock | TRY 41.04 0.30 0.74% |
If you're considering investing in Turkiye Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turkiye Sise stands at 41.04, as last reported on the 26th of November, with the highest price reaching 41.68 and the lowest price hitting 40.76 during the day. Turkiye Sise ve owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0357, which indicates the firm had a -0.0357% return per unit of risk over the last 3 months. Turkiye Sise ve exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turkiye Sise's Coefficient Of Variation of (3,122), risk adjusted performance of (0.02), and Variance of 3.59 to confirm the risk estimate we provide.
Turkiye Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Turkiye |
Sharpe Ratio = -0.0357
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Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Turkiye Sise 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 Turkiye Sise by adding Turkiye Sise to a well-diversified portfolio.
Turkiye Sise Valuation on September 19, 2024
It is possible to determine the worth of Turkiye Sise on a given historical date. On September 19, 2024 Turkiye was worth 41.6 at the beginning of the trading date compared to the closed value of 41.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turkiye Sise stock. Still, in general, we apply an absolute valuation method to find Turkiye Sise'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 Turkiye Sise where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turkiye Sise's related companies.
Open | High | Low | Close | Volume | |
41.18 | 41.48 | 40.90 | 41.18 | 16,542,417 | |
09/19/2024 | 41.60 | 42.12 | 41.40 | 41.90 | 24,972,608 |
41.90 | 42.50 | 41.88 | 42.20 | 26,868,741 |
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Turkiye Sise Trading Date Momentum on September 19, 2024
On September 20 2024 Turkiye Sise ve was traded for 42.20 at the closing time. The highest price during the trading period was 42.50 and the lowest recorded bid was listed for 41.88 . The volume for the day was 26.9 M. This history from September 20, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.72% . The trading price change to the current price is 1.29% . |
Turkiye Sise ve Fundamentals Correlations and Trends
By evaluating Turkiye Sise'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 Turkiye Sise's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turkiye financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turkiye Sise Stock history
Turkiye Sise 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 Turkiye is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turkiye Sise ve 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 Turkiye Sise stock prices may prove useful in developing a viable investing in Turkiye Sise
Trkiye Sise Ve Cam Fabrikalari A.S. manufactures and sells glass products in Turkey, Russia, Ukraine, Georgia, Europe, and internationally. Trkiye Sise Ve Cam Fabrikalari A.S. operates as a subsidiary of Trkiye Is Bankasi A.S. SISE CAM operates under Specialty Chemicals classification in Turkey and is traded on Istanbul Stock Exchange. It employs 23401 people.
Turkiye Sise Stock Technical Analysis
Turkiye Sise 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
Turkiye Sise Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Turkiye Sise ve 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.
Turkiye Sise November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Turkiye Sise stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turkiye Sise shares will generate the highest return on investment. By undertsting and applying Turkiye Sise stock market strength indicators, traders can identify Turkiye Sise ve entry and exit signals to maximize returns
Turkiye Sise Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turkiye Sise's price direction in advance. Along with the technical and fundamental analysis of Turkiye Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turkiye 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 | (0.02) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.17) |
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Additional Tools for Turkiye Stock Analysis
When running Turkiye Sise's price analysis, check to measure Turkiye Sise'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 Turkiye Sise is operating at the current time. Most of Turkiye Sise's value examination focuses on studying past and present price action to predict the probability of Turkiye Sise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkiye Sise's price. Additionally, you may evaluate how the addition of Turkiye Sise to your portfolios can decrease your overall portfolio volatility.