Sodas Sodyum (Turkey) Price on March 13, 2024

SODSN Stock  TRY 105.80  2.60  2.52%   
If you're considering investing in Sodas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sodas Sodyum stands at 105.80, as last reported on the 1st of December, with the highest price reaching 105.80 and the lowest price hitting 103.20 during the day. Sodas Sodyum Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Sodas Sodyum Sanayi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sodas Sodyum's Risk Adjusted Performance of (0.1), variance of 8.56, and Coefficient Of Variation of (725.84) to confirm the risk estimate we provide.
  
Sodas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1322

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Estimated Market Risk

 2.95
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sodas Sodyum 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 Sodas Sodyum by adding Sodas Sodyum to a well-diversified portfolio.

Sodas Sodyum Valuation on March 13, 2024

It is possible to determine the worth of Sodas Sodyum on a given historical date. On March 13, 2024 Sodas was worth 204.0 at the beginning of the trading date compared to the closed value of 177.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sodas Sodyum stock. Still, in general, we apply an absolute valuation method to find Sodas Sodyum'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 Sodas Sodyum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sodas Sodyum's related companies.
 Open High Low Close Volume
  169.60    186.50    169.60    186.50    74,782  
03/13/2024
  204.00    204.00    177.60    177.60    60,827  
  175.00    176.80    175.00    176.80    26,999  
Backtest Sodas Sodyum  |  Sodas Sodyum History  |  Sodas Sodyum Valuation   PreviousNext  
Open Value
204.0
195.16
Downside
177.6
Closing Value
212.84
Upside

Sodas Sodyum Trading Date Momentum on March 13, 2024

On March 14 2024 Sodas Sodyum Sanayi was traded for  176.80  at the closing time. The highest price during the trading period was 176.80  and the lowest recorded bid was listed for  175.00 . The volume for the day was 27 K. This history from March 14, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.45% . The trading price change to the current price is 55.41% .

Sodas Sodyum Sanayi Fundamentals Correlations and Trends

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

About Sodas Sodyum Stock history

Sodas Sodyum 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 Sodas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sodas Sodyum 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 Sodas Sodyum stock prices may prove useful in developing a viable investing in Sodas Sodyum
Sodas Sodyum Sanayii A.S. produces and sells chemicals in Turkey. Sodas Sodyum Sanayii A.S. was founded in 1974 and is headquartered in Izmir, Turkey. SODAS SODYUM operates under Chemicals classification in Turkey and is traded on Istanbul Stock Exchange. It employs 119 people.

Sodas Sodyum Stock Technical Analysis

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

Sodas Sodyum Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sodas Sodyum 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.

Sodas Sodyum December 1, 2024 Market Strength

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

Sodas Sodyum Technical and Predictive Indicators

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

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