Deva Holding (Turkey) Price on September 28, 2023
| DEVA Stock | TRY 75.25 1.35 1.83% |
If you're considering investing in Deva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deva Holding stands at 75.25, as last reported on the 26th of December, with the highest price reaching 75.85 and the lowest price hitting 74.30 during the day. Deva Holding appears to be very steady, given 3 months investment horizon. Deva Holding AS secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Deva Holding AS, which you can use to evaluate the volatility of the firm. Please utilize Deva Holding's Mean Deviation of 1.59, coefficient of variation of 873.31, and Downside Deviation of 1.69 to check if our risk estimates are consistent with your expectations.
Deva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Deva |
Sharpe Ratio = 0.1582
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Estimated Market Risk
| 2.03 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 Deva Holding 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 Deva Holding by adding it to a well-diversified portfolio.
Deva Holding Valuation on September 28, 2023
It is possible to determine the worth of Deva Holding on a given historical date. On September 28, 2023 Deva was worth 86.64 at the beginning of the trading date compared to the closed value of 85.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Deva Holding stock. Still, in general, we apply an absolute valuation method to find Deva Holding'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 Deva Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Deva Holding's related companies.
| Open | High | Low | Close | Volume | |
| 88.14 | 88.48 | 86.29 | 86.94 | 810,336 | |
09/28/2023 | 86.64 | 87.94 | 84.75 | 85.09 | 569,963 |
| 85.44 | 87.79 | 85.19 | 87.39 | 567,251 |
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Deva Holding Trading Date Momentum on September 28, 2023
| On September 29 2023 Deva Holding AS was traded for 87.39 at the closing time. The highest price during the trading period was 87.79 and the lowest recorded bid was listed for 85.19 . The volume for the day was 567.3 K. This history from September 29, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 2.70% . The overall trading delta to the current price is 11.02% . |
Deva Holding AS Fundamentals Correlations and Trends
By evaluating Deva Holding'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 Deva Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Deva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Deva Holding Stock history
Deva Holding 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 Deva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deva Holding 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 Deva Holding stock prices may prove useful in developing a viable investing in Deva Holding
Deva Holding A.S. manufactures and sells pharmaceutical products in Turkey. The company was founded in 1958 and is based in Istanbul, Turkey. DEVA HOLDING operates under Drug ManufacturersSpecialty Generic classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2475 people.
Deva Holding Stock Technical Analysis
Deva Holding 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
Deva Holding Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Deva Holding 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.
Deva Holding December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Deva Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deva Holding shares will generate the highest return on investment. By undertsting and applying Deva Holding stock market strength indicators, traders can identify Deva Holding AS entry and exit signals to maximize returns
Deva Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deva Holding's price direction in advance. Along with the technical and fundamental analysis of Deva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deva 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 | 0.0976 | |||
| Jensen Alpha | 0.208 | |||
| Total Risk Alpha | 0.1342 | |||
| Sortino Ratio | 0.1109 | |||
| Treynor Ratio | 0.539 |
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Additional Tools for Deva Stock Analysis
When running Deva Holding's price analysis, check to measure Deva Holding'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 Deva Holding is operating at the current time. Most of Deva Holding's value examination focuses on studying past and present price action to predict the probability of Deva Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deva Holding's price. Additionally, you may evaluate how the addition of Deva Holding to your portfolios can decrease your overall portfolio volatility.