Tukas Gida (Turkey) Price on November 15, 2023
TUKAS Stock | TRY 6.89 0.13 1.92% |
If you're considering investing in Tukas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tukas Gida stands at 6.89, as last reported on the 29th of November, with the highest price reaching 7.00 and the lowest price hitting 6.74 during the day. Tukas Gida Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Tukas Gida Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tukas Gida's Coefficient Of Variation of (782.46), risk adjusted performance of (0.09), and Variance of 4.23 to confirm the risk estimate we provide.
Tukas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tukas |
Sharpe Ratio = -0.1278
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tukas Gida 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 Tukas Gida by adding Tukas Gida to a well-diversified portfolio.
Tukas Gida Valuation on November 15, 2023
It is possible to determine the worth of Tukas Gida on a given historical date. On November 15, 2023 Tukas was worth 8.18 at the beginning of the trading date compared to the closed value of 8.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tukas Gida stock. Still, in general, we apply an absolute valuation method to find Tukas Gida'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 Tukas Gida where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tukas Gida's related companies.
Open | High | Low | Close | Volume | |
8.28 | 8.48 | 8.01 | 8.11 | 23,808,146 | |
11/15/2023 | 8.18 | 8.28 | 8.03 | 8.07 | 14,398,558 |
8.09 | 8.18 | 8.07 | 8.09 | 14,068,126 |
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Tukas Gida Trading Date Momentum on November 15, 2023
On November 16 2023 Tukas Gida Sanayi was traded for 8.09 at the closing time. The highest price during the trading period was 8.18 and the lowest recorded bid was listed for 8.07 . The volume for the day was 14.1 M. This history from November 16, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 0.25% . The trading price change to the current price is 1.61% . |
Tukas Gida Sanayi Fundamentals Correlations and Trends
By evaluating Tukas Gida'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 Tukas Gida's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tukas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tukas Gida Stock history
Tukas Gida 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 Tukas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tukas Gida Sanayi 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 Tukas Gida stock prices may prove useful in developing a viable investing in Tukas Gida
Tukas Gida Sanayi ve Ticaret A.S. manufactures and sells food products. The company was founded in 1962 and is headquartered in Izmir, Turkey. Tukas Gida operates under Packaged Foods classification in Turkey and is traded on Istanbul Stock Exchange.
Tukas Gida Stock Technical Analysis
Tukas Gida 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
Tukas Gida Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tukas Gida Sanayi 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.
Tukas Gida November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tukas Gida stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tukas Gida shares will generate the highest return on investment. By undertsting and applying Tukas Gida stock market strength indicators, traders can identify Tukas Gida Sanayi entry and exit signals to maximize returns
Tukas Gida Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tukas Gida's price direction in advance. Along with the technical and fundamental analysis of Tukas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tukas 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 | (0.09) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (1.16) |
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Volume Indicators |
Complementary Tools for Tukas Stock analysis
When running Tukas Gida's price analysis, check to measure Tukas Gida'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 Tukas Gida is operating at the current time. Most of Tukas Gida's value examination focuses on studying past and present price action to predict the probability of Tukas Gida's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tukas Gida's price. Additionally, you may evaluate how the addition of Tukas Gida to your portfolios can decrease your overall portfolio volatility.
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