Turkish Airlines (Turkey) Price on June 6, 2024

THYAO Stock  TRY 296.25  16.75  5.99%   
If you're considering investing in Turkish Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turkish Airlines stands at 296.25, as last reported on the 26th of November, with the highest price reaching 300.25 and the lowest price hitting 281.00 during the day. Turkish Airlines owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0079, which indicates the firm had a -0.0079% return per unit of risk over the last 3 months. Turkish Airlines exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turkish Airlines' Risk Adjusted Performance of 0.0167, coefficient of variation of 7136.45, and Semi Deviation of 1.65 to confirm the risk estimate we provide.
  
Turkish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0079

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.01
  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 Turkish Airlines 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 Turkish Airlines by adding Turkish Airlines to a well-diversified portfolio.

Turkish Airlines Valuation on June 6, 2024

It is possible to determine the worth of Turkish Airlines on a given historical date. On June 6, 2024 Turkish was worth 312.75 at the beginning of the trading date compared to the closed value of 305.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turkish Airlines stock. Still, in general, we apply an absolute valuation method to find Turkish Airlines' 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 Turkish Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turkish Airlines' related companies.
 Open High Low Close Volume
  306.25    313.00    302.75    312.25    43,218,700  
06/06/2024
  312.75    314.00    304.25    305.50    27,854,769  
  307.50    307.50    301.00    302.50    20,682,374  
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Open Value
312.75
307.08
Downside
305.5
Closing Value
318.42
Upside

Turkish Airlines Trading Date Momentum on June 6, 2024

On June 07 2024 Turkish Airlines was traded for  302.50  at the closing time. The highest price during the trading period was 307.50  and the lowest recorded bid was listed for  301.00 . The volume for the day was 20.7 M. This history from June 7, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.98% . The trading price change to the current price is 3.19% .

Turkish Airlines Fundamentals Correlations and Trends

By evaluating Turkish Airlines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Turkish Airlines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turkish financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Turkish Airlines Stock history

Turkish Airlines 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 Turkish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turkish Airlines 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 Turkish Airlines stock prices may prove useful in developing a viable investing in Turkish Airlines
Trk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company was incorporated in 1933 and is headquartered in Istanbul, Turkey. TURK HAVA operates under Airlines classification in Turkey and is traded on Istanbul Stock Exchange. It employs 37546 people.

Turkish Airlines Stock Technical Analysis

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

Turkish Airlines Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Turkish Airlines November 26, 2024 Market Strength

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

Turkish Airlines Technical and Predictive Indicators

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

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