Tek Art (Turkey) Price on April 15, 2024
TEKTU Stock | TRY 3.56 0.10 5.11% |
If you're considering investing in Tek Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tek Art stands at 4.62, as last reported on the 26th of November, with the highest price reaching 4.72 and the lowest price hitting 4.42 during the day. Tek Art Insaat owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0399, which indicates the firm had a -0.0399% return per unit of risk over the last 3 months. Tek Art Insaat Ticaret exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tek Art's Variance of 9.76, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,508) to confirm the risk estimate we provide.
Tek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tek |
Sharpe Ratio = -0.0399
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Estimated Market Risk
3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.12 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 Tek Art 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 Tek Art by adding Tek Art to a well-diversified portfolio.
Tek Art Valuation on April 15, 2024
It is possible to determine the worth of Tek Art on a given historical date. On April 15, 2024 Tek was worth 3.41 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tek Art stock. Still, in general, we apply an absolute valuation method to find Tek Art'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 Tek Art where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tek Art's related companies.
Open | High | Low | Close | Volume | |
3.46 | 3.50 | 3.40 | 3.45 | 2,080,291 | |
04/15/2024 | 3.41 | 3.51 | 3.37 | 3.44 | 5,511,143 |
3.44 | 3.48 | 3.25 | 3.38 | 5,978,025 |
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Tek Art Trading Date Momentum on April 15, 2024
On April 16 2024 Tek Art Insaat Ticaret was traded for 3.38 at the closing time. The highest price during the trading period was 3.48 and the lowest recorded bid was listed for 3.25 . The volume for the day was 6 M. This history from April 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.74% . The trading price change to the current price is 11.92% . |
Tek Art Insaat Fundamentals Correlations and Trends
By evaluating Tek Art'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 Tek Art's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tek Art Stock history
Tek Art 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 Tek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tek Art Insaat 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 Tek Art stock prices may prove useful in developing a viable investing in Tek Art
Tek Art Stock Technical Analysis
Tek Art 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
Tek Art Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tek Art Insaat Ticaret 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.
Tek Art November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tek Art stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tek Art shares will generate the highest return on investment. By undertsting and applying Tek Art stock market strength indicators, traders can identify Tek Art Insaat Ticaret entry and exit signals to maximize returns
Tek Art Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tek Art's price direction in advance. Along with the technical and fundamental analysis of Tek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tek 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 | (0.13) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | 2.33 |
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Volume Indicators |
Complementary Tools for Tek Stock analysis
When running Tek Art's price analysis, check to measure Tek Art'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 Tek Art is operating at the current time. Most of Tek Art's value examination focuses on studying past and present price action to predict the probability of Tek Art's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tek Art's price. Additionally, you may evaluate how the addition of Tek Art to your portfolios can decrease your overall portfolio volatility.
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