Alkim Kagit (Turkey) Price on November 7, 2024
| ALKA Stock | TRY 8.40 0.10 1.18% |
If you're considering investing in Alkim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alkim Kagit stands at 8.40, as last reported on the 20th of December, with the highest price reaching 8.60 and the lowest price hitting 8.17 during the day. Alkim Kagit appears to be somewhat reliable, given 3 months investment horizon. Alkim Kagit Sanayi secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alkim Kagit Sanayi, which you can use to evaluate the volatility of the firm. Please makes use of Alkim Kagit's Downside Deviation of 2.39, mean deviation of 1.86, and Risk Adjusted Performance of 0.0988 to double-check if our risk estimates are consistent with your expectations.
Alkim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alkim |
Sharpe Ratio = 0.1357
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Alkim Kagit is performing at about 10% 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 Alkim Kagit by adding it to a well-diversified portfolio.
Alkim Kagit Valuation on November 7, 2024
It is possible to determine the worth of Alkim Kagit on a given historical date. On November 7, 2024 Alkim was worth 6.25 at the beginning of the trading date compared to the closed value of 6.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkim Kagit stock. Still, in general, we apply an absolute valuation method to find Alkim Kagit'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 Alkim Kagit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkim Kagit's related companies.
| Open | High | Low | Close | Volume | |
| 6.17 | 6.26 | 6.05 | 6.25 | 1,848,696 | |
11/07/2024 | 6.25 | 6.28 | 6.15 | 6.27 | 986,056 |
| 6.27 | 6.43 | 6.13 | 6.36 | 1,953,072 |
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Alkim Kagit Trading Date Momentum on November 7, 2024
| On November 08 2024 Alkim Kagit Sanayi was traded for 6.36 at the closing time. The highest price during the trading period was 6.43 and the lowest recorded bid was listed for 6.13 . The volume for the day was 2 M. This history from November 8, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.44% . The overall trading delta to the current price is 3.35% . |
Alkim Kagit Sanayi Fundamentals Correlations and Trends
By evaluating Alkim Kagit'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 Alkim Kagit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alkim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alkim Kagit Stock history
Alkim Kagit 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 Alkim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkim Kagit 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 Alkim Kagit stock prices may prove useful in developing a viable investing in Alkim Kagit
Alkim Kagit Sanayi ve Ticaret AS manufactures and sells woodfree offset, coated, office, and special papers primarily in Turkey. Alkim Kagit Sanayi ve Ticaret AS is a subsidiary of Alkim Alkali Kimya A.S. ALKIM KAGIT operates under Paper Paper Products classification in Turkey and is traded on Istanbul Stock Exchange. It employs 209 people.
Alkim Kagit Stock Technical Analysis
Alkim Kagit 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
Alkim Kagit Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Alkim Kagit 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.
Alkim Kagit December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Alkim Kagit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkim Kagit shares will generate the highest return on investment. By undertsting and applying Alkim Kagit stock market strength indicators, traders can identify Alkim Kagit Sanayi entry and exit signals to maximize returns
Alkim Kagit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alkim Kagit's price direction in advance. Along with the technical and fundamental analysis of Alkim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alkim 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 | 0.0988 | |||
| Jensen Alpha | 0.3109 | |||
| Total Risk Alpha | 0.225 | |||
| Sortino Ratio | 0.1178 | |||
| Treynor Ratio | (1.32) |
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Additional Tools for Alkim Stock Analysis
When running Alkim Kagit's price analysis, check to measure Alkim Kagit'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 Alkim Kagit is operating at the current time. Most of Alkim Kagit's value examination focuses on studying past and present price action to predict the probability of Alkim Kagit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkim Kagit's price. Additionally, you may evaluate how the addition of Alkim Kagit to your portfolios can decrease your overall portfolio volatility.