Turkish Airlines (Turkey) Price on September 6, 2024
THYAO Stock | TRY 294.00 2.25 0.76% |
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 294.00, as last reported on the 26th of November, with the highest price reaching 296.50 and the lowest price hitting 291.25 during the day. Turkish Airlines owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0142, which indicates the firm had a -0.0142% return per unit of risk over the last 3 months. Turkish Airlines exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Turkish Airlines' Coefficient Of Variation of 7136.45, semi deviation of 1.65, and Risk Adjusted Performance of 0.0167 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.
Turkish |
Sharpe Ratio = -0.0142
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | THYAO |
Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.03 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 September 6, 2024
It is possible to determine the worth of Turkish Airlines on a given historical date. On September 6, 2024 Turkish was worth 297.0 at the beginning of the trading date compared to the closed value of 294.25. 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 | |
302.25 | 303.25 | 295.75 | 296.75 | 23,092,345 | |
09/06/2024 | 297.00 | 298.75 | 294.00 | 294.25 | 20,468,462 |
293.25 | 294.50 | 289.00 | 289.00 | 24,892,932 |
Backtest Turkish Airlines | | | Turkish Airlines History | | | Turkish Airlines Valuation | Previous | Next |
Turkish Airlines Trading Date Momentum on September 6, 2024
On September 09 2024 Turkish Airlines was traded for 289.00 at the closing time. The highest price during the trading period was 294.50 and the lowest recorded bid was listed for 289.00 . The volume for the day was 24.9 M. This history from September 9, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.78% . The trading price change to the current price is 0.85% . |
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.
Price Boundaries
Turkish Airlines Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Turkish Airlines 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.
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.
Risk Adjusted Performance | 0.0167 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.0332 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |