Can2 Termik (Turkey) Price on June 24, 2024
| CANTE Stock | TRY 1.77 0.03 1.67% |
If you're considering investing in Can2 Stock, it is important to understand the factors that can impact its price. As of today, the current price of Can2 Termik stands at 1.77, as last reported on the 8th of January, with the highest price reaching 1.82 and the lowest price hitting 1.76 during the day. Can2 Termik appears to be unstable, given 3 months investment horizon. Can2 Termik AS secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Can2 Termik AS, which you can use to evaluate the volatility of the firm. Please makes use of Can2 Termik's Downside Deviation of 2.04, mean deviation of 1.53, and Risk Adjusted Performance of 0.138 to double-check if our risk estimates are consistent with your expectations.
Can2 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Can2 |
Sharpe Ratio = 0.1567
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Can2 Termik is performing at about 12% 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 Can2 Termik by adding it to a well-diversified portfolio.
Can2 Termik Valuation on June 24, 2024
It is possible to determine the worth of Can2 Termik on a given historical date. On June 24, 2024 Can2 was worth 2.09 at the beginning of the trading date compared to the closed value of 2.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Can2 Termik stock. Still, in general, we apply an absolute valuation method to find Can2 Termik'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 Can2 Termik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Can2 Termik's related companies.
| Open | High | Low | Close | Volume | |
| 2.29 | 2.34 | 2.09 | 2.09 | 1,500,885,827 | |
06/24/2024 | 2.09 | 2.09 | 2.04 | 2.04 | 172,625,592 |
| 2.07 | 2.09 | 2.05 | 2.06 | 346,126,453 |
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Can2 Termik Trading Date Momentum on June 24, 2024
| On June 25 2024 Can2 Termik AS was traded for 2.06 at the closing time. The highest price during the trading period was 2.09 and the lowest recorded bid was listed for 2.05 . The volume for the day was 346.1 M. This history from June 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.98% . The overall trading delta to the current price is 7.84% . |
Can2 Termik AS Fundamentals Correlations and Trends
By evaluating Can2 Termik'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 Can2 Termik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Can2 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Can2 Termik Stock history
Can2 Termik 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 Can2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Can2 Termik 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 Can2 Termik stock prices may prove useful in developing a viable investing in Can2 Termik
an2 Termik A.S. engages in the operation of a coal fired thermal power plant in Turkey. As of September 10, 2013, an2 Termik A.S. operates as a subsidiary of Odas Elektrik retim Sanayi Ticaret A.S. CAN2 TERMIK is traded on Istanbul Stock Exchange in Turkey.
Can2 Termik Stock Technical Analysis
Can2 Termik 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
Can2 Termik Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Can2 Termik 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.
Can2 Termik January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Can2 Termik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Can2 Termik shares will generate the highest return on investment. By undertsting and applying Can2 Termik stock market strength indicators, traders can identify Can2 Termik AS entry and exit signals to maximize returns
Can2 Termik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Can2 Termik's price direction in advance. Along with the technical and fundamental analysis of Can2 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Can2 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 | 0.138 | |||
| Jensen Alpha | 0.3167 | |||
| Total Risk Alpha | 0.3181 | |||
| Sortino Ratio | 0.1555 | |||
| Treynor Ratio | 30.75 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Can2 Stock analysis
When running Can2 Termik's price analysis, check to measure Can2 Termik'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 Can2 Termik is operating at the current time. Most of Can2 Termik's value examination focuses on studying past and present price action to predict the probability of Can2 Termik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Can2 Termik's price. Additionally, you may evaluate how the addition of Can2 Termik to your portfolios can decrease your overall portfolio volatility.
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