Bursa Cimento (Turkey) Price on May 30, 2023
| BUCIM Stock | TRY 8.40 0.11 1.33% |
If you're considering investing in Bursa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bursa Cimento stands at 8.40, as last reported on the 26th of December, with the highest price reaching 8.42 and the lowest price hitting 8.32 during the day. Bursa Cimento appears to be somewhat reliable, given 3 months investment horizon. Bursa Cimento Fabrikasi secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that the company had a 0.0941% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bursa Cimento Fabrikasi, which you can use to evaluate the volatility of the firm. Please makes use of Bursa Cimento's Downside Deviation of 2.04, mean deviation of 1.73, and Risk Adjusted Performance of 0.0683 to double-check if our risk estimates are consistent with your expectations.
Bursa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bursa |
Sharpe Ratio = 0.0941
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BUCIM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Bursa Cimento is performing at about 7% 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 Bursa Cimento by adding it to a well-diversified portfolio.
Bursa Cimento Valuation on May 30, 2023
It is possible to determine the worth of Bursa Cimento on a given historical date. On May 30, 2023 Bursa was worth 5.69 at the beginning of the trading date compared to the closed value of 5.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bursa Cimento stock. Still, in general, we apply an absolute valuation method to find Bursa 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 Bursa Cimento where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bursa Cimento's related companies.
| Open | High | Low | Close | Volume | |
| 5.36 | 5.77 | 5.26 | 5.63 | 29,972,920 | |
05/30/2023 | 5.69 | 5.83 | 5.64 | 5.81 | 26,599,920 |
| 5.82 | 5.90 | 5.62 | 5.62 | 18,522,141 |
| Backtest Bursa Cimento | | | Bursa Cimento History | | | Bursa Cimento Valuation | Previous | Next |
Bursa Cimento Trading Date Momentum on May 30, 2023
| On May 31 2023 Bursa Cimento Fabrikasi was traded for 5.62 at the closing time. The highest price during the trading period was 5.90 and the lowest recorded bid was listed for 5.62 . The volume for the day was 18.5 M. This history from May 31, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.27% . The overall trading delta to the current price is 3.44% . |
Bursa Cimento Fabrikasi Fundamentals Correlations and Trends
By evaluating Bursa 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 Bursa Cimento's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bursa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bursa Cimento Stock history
Bursa 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 Bursa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bursa Cimento Fabrikasi 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 Bursa Cimento stock prices may prove useful in developing a viable investing in Bursa Cimento
Bursa imento Fabrikasi A.S. produces and sells cement and clinker products in Turkey. The company was founded in 1966 and is based in Bursa, Turkey. BURSA CIMENTO is traded on Istanbul Stock Exchange in Turkey.
Bursa Cimento Stock Technical Analysis
Bursa 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
Bursa Cimento Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Bursa Cimento Fabrikasi 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.
Bursa Cimento December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bursa 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 Bursa Cimento shares will generate the highest return on investment. By undertsting and applying Bursa Cimento stock market strength indicators, traders can identify Bursa Cimento Fabrikasi entry and exit signals to maximize returns
Bursa Cimento Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bursa Cimento's price direction in advance. Along with the technical and fundamental analysis of Bursa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bursa 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 | 0.0683 | |||
| Jensen Alpha | 0.1575 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.0678 | |||
| Treynor Ratio | 0.384 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bursa Stock analysis
When running Bursa Cimento's price analysis, check to measure Bursa 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 Bursa Cimento is operating at the current time. Most of Bursa Cimento's value examination focuses on studying past and present price action to predict the probability of Bursa 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 Bursa Cimento's price. Additionally, you may evaluate how the addition of Bursa Cimento to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |