Alarko Holding (Turkey) Price on November 8, 2023
ALARK Stock | TRY 90.60 0.35 0.38% |
If you're considering investing in Alarko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alarko Holding stands at 90.60, as last reported on the 24th of December, with the highest price reaching 91.30 and the lowest price hitting 89.75 during the day. Alarko Holding AS secures Sharpe Ratio (or Efficiency) of -0.0203, which signifies that the company had a -0.0203% return per unit of standard deviation over the last 3 months. Alarko Holding AS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alarko Holding's risk adjusted performance of (0), and Mean Deviation of 1.57 to double-check the risk estimate we provide.
Alarko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alarko |
Sharpe Ratio = -0.0203
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Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alarko Holding 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 Alarko Holding by adding Alarko Holding to a well-diversified portfolio.
Alarko Holding Valuation on November 8, 2023
It is possible to determine the worth of Alarko Holding on a given historical date. On November 8, 2023 Alarko was worth 108.37 at the beginning of the trading date compared to the closed value of 112.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alarko Holding stock. Still, in general, we apply an absolute valuation method to find Alarko Holding'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 Alarko Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alarko Holding's related companies.
Open | High | Low | Close | Volume | |
107.97 | 108.66 | 106.09 | 106.88 | 4,072,718 | |
11/08/2023 | 108.37 | 113.32 | 108.37 | 112.72 | 7,836,540 |
110.45 | 111.73 | 108.37 | 109.95 | 7,242,706 |
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Alarko Holding Trading Date Momentum on November 8, 2023
On November 09 2023 Alarko Holding AS was traded for 109.95 at the closing time. The highest price during the trading period was 111.73 and the lowest recorded bid was listed for 108.37 . The volume for the day was 7.2 M. This history from November 9, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.46% . The overall trading delta to the current price is 7.60% . |
Alarko Holding AS Fundamentals Correlations and Trends
By evaluating Alarko Holding'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 Alarko Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alarko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alarko Holding Stock history
Alarko Holding 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 Alarko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alarko Holding AS 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 Alarko Holding stock prices may prove useful in developing a viable investing in Alarko Holding
Alarko Holding A.S. engages in the contracting, construction, land development, industry, trade, tourism, and energy businesses in Turkey and internationally. Alarko Holding A.S. was founded in 1954 and is headquartered in Istanbul, Turkey. ALARKO HOLDING operates under Conglomerates classification in Turkey and is traded on Istanbul Stock Exchange. It employs 4432 people.
Alarko Holding Stock Technical Analysis
Alarko Holding 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
Alarko Holding Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Alarko Holding AS 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.
Alarko Holding December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Alarko Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alarko Holding shares will generate the highest return on investment. By undertsting and applying Alarko Holding stock market strength indicators, traders can identify Alarko Holding AS entry and exit signals to maximize returns
Alarko Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alarko Holding's price direction in advance. Along with the technical and fundamental analysis of Alarko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alarko 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) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | (0.04) |
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Volume Indicators |
Complementary Tools for Alarko Stock analysis
When running Alarko Holding's price analysis, check to measure Alarko Holding'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 Alarko Holding is operating at the current time. Most of Alarko Holding's value examination focuses on studying past and present price action to predict the probability of Alarko Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarko Holding's price. Additionally, you may evaluate how the addition of Alarko Holding to your portfolios can decrease your overall portfolio volatility.
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