Suwen Tekstil (Turkey) Price on November 15, 2024

SUWEN Stock   29.00  0.06  0.21%   
If you're considering investing in Suwen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Suwen Tekstil stands at 29.00, as last reported on the 28th of November, with the highest price reaching 29.40 and the lowest price hitting 28.54 during the day. Suwen Tekstil Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0451, which indicates the firm had a -0.0451% return per unit of risk over the last 3 months. Suwen Tekstil Sanayi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Suwen Tekstil's Risk Adjusted Performance of 0.0061, coefficient of variation of (135,921), and Variance of 5.44 to confirm the risk estimate we provide.
  
Suwen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0451

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Suwen Tekstil 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 Suwen Tekstil by adding Suwen Tekstil to a well-diversified portfolio.

Suwen Tekstil Valuation on November 15, 2024

It is possible to determine the worth of Suwen Tekstil on a given historical date. On November 15, 2024 Suwen was worth 26.44 at the beginning of the trading date compared to the closed value of 27.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Suwen Tekstil stock. Still, in general, we apply an absolute valuation method to find Suwen Tekstil'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 Suwen Tekstil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Suwen Tekstil's related companies.
 Open High Low Close Volume
  26.44    26.66    25.90    26.42    806,210  
11/15/2024
  26.44    27.94    26.02    27.58    1,729,723  
  27.58    28.40    27.14    28.18    1,614,158  
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Open Value
26.44
27.58
Closing Value
32.97
Upside

Suwen Tekstil Trading Date Momentum on November 15, 2024

On November 18 2024 Suwen Tekstil Sanayi was traded for  28.18  at the closing time. The highest price during the trading period was 28.40  and the lowest recorded bid was listed for  27.14 . The volume for the day was 1.6 M. This history from November 18, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 2.18% . The trading price change to the current price is 6.89% .

Suwen Tekstil Sanayi Fundamentals Correlations and Trends

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

About Suwen Tekstil Stock history

Suwen Tekstil 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 Suwen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Suwen Tekstil 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 Suwen Tekstil stock prices may prove useful in developing a viable investing in Suwen Tekstil

Suwen Tekstil Stock Technical Analysis

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

Suwen Tekstil Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

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Suwen Tekstil 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.

Suwen Tekstil November 28, 2024 Market Strength

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

Suwen Tekstil Technical and Predictive Indicators

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

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