Akcansa Cimento (Turkey) Price on December 9, 2024
| AKCNS Stock | TRY 185.10 4.30 2.38% |
If you're considering investing in Akcansa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akcansa Cimento stands at 185.10, as last reported on the 14th of December 2024, with the highest price reaching 185.50 and the lowest price hitting 178.70 during the day. Akcansa Cimento appears to be very steady, given 3 months investment horizon. Akcansa Cimento Sanayi secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Akcansa Cimento Sanayi, which you can use to evaluate the volatility of the firm. Please makes use of Akcansa Cimento's risk adjusted performance of 0.0889, and Mean Deviation of 2.05 to double-check if our risk estimates are consistent with your expectations.
Akcansa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akcansa |
Sharpe Ratio = 0.1076
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Akcansa Cimento is performing at about 8% 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 Akcansa Cimento by adding it to a well-diversified portfolio.
Akcansa Cimento Valuation on December 9, 2024
It is possible to determine the worth of Akcansa Cimento on a given historical date. On December 9, 2024 Akcansa was worth 181.0 at the beginning of the trading date compared to the closed value of 188.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akcansa Cimento stock. Still, in general, we apply an absolute valuation method to find Akcansa Cimento'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 Akcansa Cimento where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akcansa Cimento's related companies.
| Open | High | Low | Close | Volume | |
| 173.50 | 174.10 | 170.90 | 171.40 | 352,792 | |
12/09/2024 | 181.00 | 188.50 | 179.70 | 188.50 | 3,621,967 |
| 188.50 | 189.50 | 177.60 | 179.60 | 2,112,632 |
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Akcansa Cimento Trading Date Momentum on December 9, 2024
| On December 10 2024 Akcansa Cimento Sanayi was traded for 179.60 at the closing time. The highest price during the trading period was 189.50 and the lowest recorded bid was listed for 177.60 . The volume for the day was 2.1 M. This history from December 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.72% . The overall trading delta to the current price is 4.46% . |
Akcansa Cimento Sanayi Fundamentals Correlations and Trends
By evaluating Akcansa Cimento'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 Akcansa Cimento's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akcansa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akcansa Cimento Stock history
Akcansa Cimento 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 Akcansa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akcansa Cimento 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 Akcansa Cimento stock prices may prove useful in developing a viable investing in Akcansa Cimento
Akansa imento Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, manufactures and sells cement, clinker, ready-mix concrete, and aggregates in Turkey and internationally. Akansa imento Sanayi ve Ticaret Anonim Sirketi was founded in 1967 and is headquartered in Istanbul, Turkey. AKCANSA operates under Building Materials classification in Turkey and is traded on Istanbul Stock Exchange. It employs 1013 people.
Akcansa Cimento Stock Technical Analysis
Akcansa Cimento 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
Akcansa Cimento Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Akcansa Cimento 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.
Akcansa Cimento December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Akcansa Cimento stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akcansa Cimento shares will generate the highest return on investment. By undertsting and applying Akcansa Cimento stock market strength indicators, traders can identify Akcansa Cimento Sanayi entry and exit signals to maximize returns
Akcansa Cimento Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akcansa Cimento's price direction in advance. Along with the technical and fundamental analysis of Akcansa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akcansa 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 | 0.0889 | |||
| Jensen Alpha | 0.2869 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1119 | |||
| Treynor Ratio | 1.16 |
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| Volume Indicators |
Complementary Tools for Akcansa Stock analysis
When running Akcansa Cimento's price analysis, check to measure Akcansa Cimento'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 Akcansa Cimento is operating at the current time. Most of Akcansa Cimento's value examination focuses on studying past and present price action to predict the probability of Akcansa Cimento's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akcansa Cimento's price. Additionally, you may evaluate how the addition of Akcansa Cimento to your portfolios can decrease your overall portfolio volatility.
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