Cemtas Celik (Turkey) Price on October 7, 2024

CEMTS Stock  TRY 8.93  0.02  0.22%   
If you're considering investing in Cemtas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cemtas Celik stands at 8.93, as last reported on the 22nd of December, with the highest price reaching 9.14 and the lowest price hitting 8.88 during the day. Cemtas Celik Makina secures Sharpe Ratio (or Efficiency) of -0.0607, which signifies that the company had a -0.0607% return per unit of risk over the last 3 months. Cemtas Celik Makina exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemtas Celik's Risk Adjusted Performance of (0.04), standard deviation of 1.61, and Mean Deviation of 1.22 to double-check the risk estimate we provide.
  
Cemtas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0607

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Estimated Market Risk

 1.62
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cemtas Celik 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 Cemtas Celik by adding Cemtas Celik to a well-diversified portfolio.

Cemtas Celik Valuation on October 7, 2024

It is possible to determine the worth of Cemtas Celik on a given historical date. On October 7, 2024 Cemtas was worth 8.45 at the beginning of the trading date compared to the closed value of 8.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cemtas Celik stock. Still, in general, we apply an absolute valuation method to find Cemtas Celik'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 Cemtas Celik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cemtas Celik's related companies.
 Open High Low Close Volume
  8.20    8.27    8.04    8.26    2,617,360  
10/07/2024
  8.45    8.51    8.16    8.18    2,175,132  
  8.18    8.27    8.05    8.24    2,835,791  
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Open Value
8.45
8.18
Closing Value
13.31
Upside

Cemtas Celik Trading Date Momentum on October 7, 2024

On October 08 2024 Cemtas Celik Makina was traded for  8.24  at the closing time. The highest price during the trading period was 8.27  and the lowest recorded bid was listed for  8.05 . The volume for the day was 2.8 M. This history from October 8, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.73% . The overall trading delta to the current price is 3.30% .

Cemtas Celik Makina Fundamentals Correlations and Trends

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

About Cemtas Celik Stock history

Cemtas Celik 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 Cemtas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cemtas Celik Makina 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 Cemtas Celik stock prices may prove useful in developing a viable investing in Cemtas Celik
emtas elik Makina Sanayi ve Ticaret A.S. engages in the production and sale of steel products in Turkey. emtas elik Makina Sanayi ve Ticaret A.S. is a subsidiary of Bursa Cimento Fabrikasi A.S. CEMTAS operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 463 people.

Cemtas Celik Stock Technical Analysis

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

Cemtas Celik Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cemtas Celik Makina 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.

Cemtas Celik December 22, 2024 Market Strength

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

Cemtas Celik Technical and Predictive Indicators

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

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