Tofas Turk (Turkey) Price on November 27, 2024
TOASO Stock | TRY 198.00 3.20 1.59% |
If you're considering investing in Tofas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tofas Turk stands at 198.00, as last reported on the 2nd of December, with the highest price reaching 202.00 and the lowest price hitting 195.40 during the day. Tofas Turk Otomobil owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0971, which indicates the firm had a -0.0971% return per unit of risk over the last 3 months. Tofas Turk Otomobil exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tofas Turk's Risk Adjusted Performance of (0.06), coefficient of variation of (1,092), and Variance of 6.0 to confirm the risk estimate we provide.
Tofas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tofas |
Sharpe Ratio = -0.0971
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | TOASO |
Estimated Market Risk
2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tofas Turk 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 Tofas Turk by adding Tofas Turk to a well-diversified portfolio.
Tofas Turk Valuation on November 27, 2024
It is possible to determine the worth of Tofas Turk on a given historical date. On November 27, 2024 Tofas was worth 206.4 at the beginning of the trading date compared to the closed value of 202.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tofas Turk stock. Still, in general, we apply an absolute valuation method to find Tofas Turk'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 Tofas Turk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tofas Turk's related companies.
Open | High | Low | Close | Volume | |
206.00 | 206.80 | 202.00 | 204.70 | 6,045,762 | |
11/27/2024 | 206.40 | 208.80 | 202.90 | 202.90 | 6,261,029 |
203.10 | 205.40 | 200.90 | 201.20 | 3,914,611 |
Backtest Tofas Turk | | | Tofas Turk History | | | Tofas Turk Valuation | Previous | Next |
Tofas Turk Trading Date Momentum on November 27, 2024
On November 28 2024 Tofas Turk Otomobil was traded for 201.20 at the closing time. The highest price during the trading period was 205.40 and the lowest recorded bid was listed for 200.90 . The volume for the day was 3.9 M. This history from November 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.84% . The trading price change to the current price is 0.44% . |
Tofas Turk Otomobil Fundamentals Correlations and Trends
By evaluating Tofas Turk'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 Tofas Turk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tofas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tofas Turk Stock history
Tofas Turk 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 Tofas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tofas Turk Otomobil 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 Tofas Turk stock prices may prove useful in developing a viable investing in Tofas Turk
Tofas Trk Otomobil Fabrikasi A.S. manufactures and sells passenger cars and light commercial vehicles in Turkey. The company was founded in 1968 and is headquartered in Istanbul, Turkey. TOFAS OTO operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 7583 people.
Tofas Turk Stock Technical Analysis
Tofas Turk 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
Tofas Turk Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Tofas Turk Otomobil 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.
Tofas Turk December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Tofas Turk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tofas Turk shares will generate the highest return on investment. By undertsting and applying Tofas Turk stock market strength indicators, traders can identify Tofas Turk Otomobil entry and exit signals to maximize returns
Tofas Turk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tofas Turk's price direction in advance. Along with the technical and fundamental analysis of Tofas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tofas 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 | (0.06) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (0.43) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Tofas Stock analysis
When running Tofas Turk's price analysis, check to measure Tofas Turk'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 Tofas Turk is operating at the current time. Most of Tofas Turk's value examination focuses on studying past and present price action to predict the probability of Tofas Turk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tofas Turk's price. Additionally, you may evaluate how the addition of Tofas Turk to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
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 | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |