Borusan Mannesmann (Turkey) Price on May 31, 2024

If you're considering investing in Borusan Stock, it is important to understand the factors that can impact its price. Borusan Mannesmann Boru secures Sharpe Ratio (or Efficiency) of 0.0036, which signifies that the company had a 0.0036% return per unit of risk over the last 3 months. We have found zero technical indicators for Borusan Mannesmann Boru, which you can use to evaluate the volatility of the firm.
  
Borusan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Borusan Mannesmann 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 Borusan Mannesmann by adding Borusan Mannesmann to a well-diversified portfolio.

Borusan Mannesmann Valuation on May 31, 2024

It is possible to determine the worth of Borusan Mannesmann on a given historical date. On May 31, 2024 Borusan was worth 504.0 at the beginning of the trading date compared to the closed value of 493.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Borusan Mannesmann stock. Still, in general, we apply an absolute valuation method to find Borusan Mannesmann'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 Borusan Mannesmann where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Borusan Mannesmann's related companies.
 Open High Low Close Volume
  503.00    503.50    495.00    501.50    518,875  
05/31/2024
  504.00    512.00    491.25    493.75    589,626  
  494.25    501.00    492.00    497.00    547,943  
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Open Value
504.0
496.58
Downside
493.75
Closing Value
511.42
Upside

Borusan Mannesmann Trading Date Momentum on May 31, 2024

On June 03 2024 Borusan Mannesmann Boru was traded for  497.00  at the closing time. The highest price during the trading period was 501.00  and the lowest recorded bid was listed for  492.00 . The volume for the day was 547.9 K. This history from June 3, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.66% . The overall trading delta to the current price is 3.39% .

Borusan Mannesmann Boru Fundamentals Correlations and Trends

By evaluating Borusan Mannesmann'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 Borusan Mannesmann's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Borusan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Borusan Mannesmann Stock history

Borusan Mannesmann 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 Borusan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Borusan Mannesmann Boru 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 Borusan Mannesmann stock prices may prove useful in developing a viable investing in Borusan Mannesmann
Borusan Mannesmann Boru Sanayi ve Ticaret A.S. manufactures and sells steel pipes in Turkey. Borusan Borusan Mannesmann Boru Sanayi ve Ticaret A.S. is a subsidiary of Borusan Mannesmann Boru Yatirim Holding A.S. BORUSAN MANNESMANN operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange.

Borusan Mannesmann Stock Technical Analysis

Borusan Mannesmann 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.
A focus of Borusan Mannesmann technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Borusan Mannesmann trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Borusan Mannesmann Period Price Range

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Borusan Mannesmann Boru 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.

Borusan Mannesmann December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Borusan Mannesmann stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Borusan Mannesmann shares will generate the highest return on investment. By undertsting and applying Borusan Mannesmann stock market strength indicators, traders can identify Borusan Mannesmann Boru entry and exit signals to maximize returns

Borusan Mannesmann Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Borusan Mannesmann's price direction in advance. Along with the technical and fundamental analysis of Borusan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Borusan 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.

Complementary Tools for Borusan Stock analysis

When running Borusan Mannesmann's price analysis, check to measure Borusan Mannesmann'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 Borusan Mannesmann is operating at the current time. Most of Borusan Mannesmann's value examination focuses on studying past and present price action to predict the probability of Borusan Mannesmann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borusan Mannesmann's price. Additionally, you may evaluate how the addition of Borusan Mannesmann to your portfolios can decrease your overall portfolio volatility.
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