Deva Holding (Turkey) Price on December 16, 2024
| DEVA Stock | TRY 77.05 0.15 0.19% |
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 77.05, as last reported on the 28th of December, with the highest price reaching 77.80 and the lowest price hitting 76.65 during the day. Deva Holding appears to be very steady, given 3 months investment horizon. Deva Holding AS secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% 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 Downside Deviation of 1.65, mean deviation of 1.59, and Coefficient Of Variation of 549.99 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 = 0.1431
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Deva Holding is performing at about 11% 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 December 16, 2024
It is possible to determine the worth of Deva Holding on a given historical date. On December 16, 2024 Deva was worth 79.5 at the beginning of the trading date compared to the closed value of 78.8. 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 | |
| 76.40 | 79.50 | 75.40 | 79.20 | 613,409 | |
12/16/2024 | 79.50 | 81.30 | 78.80 | 78.80 | 748,720 |
| 79.05 | 79.15 | 76.80 | 77.25 | 522,347 |
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Deva Holding Trading Date Momentum on December 16, 2024
| On December 17 2024 Deva Holding AS was traded for 77.25 at the closing time. The highest price during the trading period was 79.15 and the lowest recorded bid was listed for 76.80 . The volume for the day was 522.3 K. This history from December 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.97% . The overall trading delta to the current price is 4.44% . |
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 28, 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 28, 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 | 0.151 | |||
| Jensen Alpha | 0.3468 | |||
| Total Risk Alpha | 0.2996 | |||
| Sortino Ratio | 0.2017 | |||
| Treynor Ratio | 0.9027 |
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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.