Alfas Solar (Turkey) Price on June 3, 2024
| ALFAS Stock | 71.50 1.60 2.29% |
If you're considering investing in Alfas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alfas Solar stands at 71.50, as last reported on the 10th of January, with the highest price reaching 71.70 and the lowest price hitting 69.75 during the day. Alfas Solar appears to be very steady, given 3 months investment horizon. Alfas Solar Enerji secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of standard deviation over the last 3 months. By analyzing Alfas Solar's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of Alfas Solar's risk adjusted performance of 0.1566, and Mean Deviation of 2.05 to double-check if our risk estimates are consistent with your expectations.
Alfas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alfas |
Sharpe Ratio = 0.2603
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Alfas Solar is performing at about 20% 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 Alfas Solar by adding it to a well-diversified portfolio.
Alfas Solar Valuation on June 3, 2024
It is possible to determine the worth of Alfas Solar on a given historical date. On June 3, 2024 Alfas was worth 74.97 at the beginning of the trading date compared to the closed value of 71.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alfas Solar stock. Still, in general, we apply an absolute valuation method to find Alfas Solar'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 Alfas Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alfas Solar's related companies.
| Open | High | Low | Close | Volume | |
| 73.78 | 75.21 | 73.19 | 74.62 | 3,303,591 | |
06/03/2024 | 74.97 | 75.16 | 71.91 | 71.91 | 3,844,012 |
| 71.66 | 72.50 | 71.17 | 71.51 | 2,612,731 |
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Alfas Solar Trading Date Momentum on June 3, 2024
| On June 04 2024 Alfas Solar Enerji was traded for 71.51 at the closing time. The highest price during the trading period was 72.50 and the lowest recorded bid was listed for 71.17 . The volume for the day was 2.6 M. This history from June 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.56% . The overall trading delta to the current price is 5.56% . |
About Alfas Solar Stock history
Alfas Solar 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 Alfas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alfas Solar Enerji 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 Alfas Solar stock prices may prove useful in developing a viable investing in Alfas Solar
Alfas Solar Stock Technical Analysis
Alfas Solar 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
Alfas Solar Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Alfas Solar Enerji 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.
Alfas Solar January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Alfas Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alfas Solar shares will generate the highest return on investment. By undertsting and applying Alfas Solar stock market strength indicators, traders can identify Alfas Solar Enerji entry and exit signals to maximize returns
Alfas Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alfas Solar's price direction in advance. Along with the technical and fundamental analysis of Alfas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alfas 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 | 0.1566 | |||
| Jensen Alpha | 0.5268 | |||
| Total Risk Alpha | 0.4589 | |||
| Sortino Ratio | 0.2241 | |||
| Treynor Ratio | (1.60) |
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When running Alfas Solar's price analysis, check to measure Alfas Solar'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 Alfas Solar is operating at the current time. Most of Alfas Solar's value examination focuses on studying past and present price action to predict the probability of Alfas Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfas Solar's price. Additionally, you may evaluate how the addition of Alfas Solar to your portfolios can decrease your overall portfolio volatility.
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