Turk Traktor (Turkey) Price on September 3, 2024
| TTRAK Stock | TRY 765.00 8.50 1.10% |
If you're considering investing in Turk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turk Traktor stands at 765.00, as last reported on the 27th of November, with the highest price reaching 777.00 and the lowest price hitting 763.00 during the day. Turk Traktor is very steady at the moment. Turk Traktor ve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0824, which indicates the firm had a 0.0824% return per unit of risk over the last 3 months. We have found thirty technical indicators for Turk Traktor ve, which you can use to evaluate the volatility of the company. Please validate Turk Traktor's Semi Deviation of 1.36, risk adjusted performance of 0.0915, and Coefficient Of Variation of 891.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Turk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Turk |
Sharpe Ratio = 0.0824
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Turk Traktor is performing at about 6% of its full potential. 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 Turk Traktor by adding it to a well-diversified portfolio.
Turk Traktor Valuation on September 3, 2024
It is possible to determine the worth of Turk Traktor on a given historical date. On September 3, 2024 Turk was worth 718.38 at the beginning of the trading date compared to the closed value of 699.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turk Traktor stock. Still, in general, we apply an absolute valuation method to find Turk Traktor'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 Turk Traktor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turk Traktor's related companies.
| Open | High | Low | Close | Volume | |
| 705.84 | 729.95 | 704.88 | 715.97 | 452,394 | |
09/03/2024 | 718.38 | 723.20 | 697.16 | 699.09 | 337,662 |
| 694.27 | 703.91 | 685.11 | 702.95 | 268,931 |
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Turk Traktor Trading Date Momentum on September 3, 2024
| On September 04 2024 Turk Traktor ve was traded for 702.95 at the closing time. The highest price during the trading period was 703.91 and the lowest recorded bid was listed for 685.11 . The volume for the day was 268.9 K. This history from September 4, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.55% . The trading price change to the current price is 2.07% . |
Turk Traktor ve Fundamentals Correlations and Trends
By evaluating Turk Traktor'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 Turk Traktor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turk Traktor Stock history
Turk Traktor 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 Turk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turk Traktor ve 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 Turk Traktor stock prices may prove useful in developing a viable investing in Turk Traktor
Trk Traktr ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. Trk Traktr ve Ziraat Makineleri A.S. was founded in 1954 and is headquartered in Ankara, Turkey. TURK TRAKTOR operates under Farm Heavy Construction Machinery classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2110 people.
Turk Traktor Stock Technical Analysis
Turk Traktor 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
Turk Traktor Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Turk Traktor ve 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.
Turk Traktor November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Turk Traktor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turk Traktor shares will generate the highest return on investment. By undertsting and applying Turk Traktor stock market strength indicators, traders can identify Turk Traktor ve entry and exit signals to maximize returns
Turk Traktor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turk Traktor's price direction in advance. Along with the technical and fundamental analysis of Turk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turk 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 | 0.0915 | |||
| Jensen Alpha | 0.2088 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0467 | |||
| Treynor Ratio | (1.32) |
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Complementary Tools for Turk Stock analysis
When running Turk Traktor's price analysis, check to measure Turk Traktor'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 Turk Traktor is operating at the current time. Most of Turk Traktor's value examination focuses on studying past and present price action to predict the probability of Turk Traktor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turk Traktor's price. Additionally, you may evaluate how the addition of Turk Traktor to your portfolios can decrease your overall portfolio volatility.
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