Celik Halat (Turkey) Price on November 25, 2024

CELHA Stock  TRY 22.18  0.82  3.57%   
If you're considering investing in Celik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Celik Halat stands at 22.18, as last reported on the 22nd of December, with the highest price reaching 23.38 and the lowest price hitting 21.90 during the day. Celik Halat ve secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. Celik Halat ve exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Celik Halat's Risk Adjusted Performance of (0.15), mean deviation of 1.86, and Standard Deviation of 2.76 to double-check the risk estimate we provide.
  
Celik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2051

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Negative ReturnsCELHA

Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.57
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Celik Halat 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 Celik Halat by adding Celik Halat to a well-diversified portfolio.

Celik Halat Valuation on November 25, 2024

It is possible to determine the worth of Celik Halat on a given historical date. On November 25, 2024 Celik was worth 23.04 at the beginning of the trading date compared to the closed value of 23.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Celik Halat stock. Still, in general, we apply an absolute valuation method to find Celik Halat'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 Celik Halat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Celik Halat's related companies.
 Open High Low Close Volume
  23.10    23.14    22.70    23.10    439,765  
11/25/2024
  23.04    23.32    22.98    23.10    561,048  
  23.10    23.14    22.84    22.94    436,814  
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Open Value
23.04
23.1
Closing Value
31.34
Upside

Celik Halat Trading Date Momentum on November 25, 2024

On November 26 2024 Celik Halat ve was traded for  22.94  at the closing time. The highest price during the trading period was 23.14  and the lowest recorded bid was listed for  22.84 . The volume for the day was 436.8 K. This history from November 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.69% . The overall trading delta to the current price is 1.82% .

Celik Halat ve Fundamentals Correlations and Trends

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

About Celik Halat Stock history

Celik Halat 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 Celik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Celik Halat ve 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 Celik Halat stock prices may prove useful in developing a viable investing in Celik Halat
elik Halat ve Tel Sanayii A.S. produces and supplies carbon wire and steel wire ropes in Turkey. elik Halat ve Tel Sanayii A.S. operates as a subsidiary of Dogan Sirketler Grubu Holding A.S. CELIK HALAT operates under Metal Fabrication classification in Turkey and is traded on Istanbul Stock Exchange. It employs 406 people.

Celik Halat Stock Technical Analysis

Celik Halat 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 Celik Halat technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Celik Halat 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

Celik Halat Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Celik Halat ve 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.

Celik Halat December 22, 2024 Market Strength

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

Celik Halat Technical and Predictive Indicators

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

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