Ege Endustri (Turkey) Price on December 10, 2024
EGEEN Stock | TRY 10,530 47.50 0.45% |
If you're considering investing in Ege Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ege Endustri stands at 10,530, as last reported on the 12th of December 2024, with the highest price reaching 10,652 and the lowest price hitting 10,348 during the day. Ege Endustri ve secures Sharpe Ratio (or Efficiency) of -0.0204, which denotes the company had a -0.0204% return per unit of risk over the last 3 months. Ege Endustri ve exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ege Endustri's Mean Deviation of 2.04, coefficient of variation of 28796.52, and Downside Deviation of 2.35 to check the risk estimate we provide.
Ege Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ege |
Sharpe Ratio = -0.0204
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Estimated Market Risk
2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ege Endustri 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 Ege Endustri by adding Ege Endustri to a well-diversified portfolio.
Ege Endustri Valuation on December 10, 2024
It is possible to determine the worth of Ege Endustri on a given historical date. On December 10, 2024 Ege was worth 10982.5 at the beginning of the trading date compared to the closed value of 10620.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ege Endustri stock. Still, in general, we apply an absolute valuation method to find Ege Endustri'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 Ege Endustri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ege Endustri's related companies.
Open | High | Low | Close | Volume | |
10,718 | 11,105 | 10,700 | 11,002 | 36,704 | |
12/10/2024 | 10,982 | 11,000 | 10,595 | 10,620 | 21,375 |
10,620 | 10,695 | 10,450 | 10,482 | 13,691 |
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Ege Endustri Trading Date Momentum on December 10, 2024
On December 11 2024 Ege Endustri ve was traded for 10,482 at the closing time. The highest price during the trading period was 10,695 and the lowest recorded bid was listed for 10,450 . The volume for the day was 13.7 K. This history from December 11, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.29% . The overall trading delta to the current price is 1.01% . |
Ege Endustri ve Fundamentals Correlations and Trends
By evaluating Ege Endustri'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 Ege Endustri's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ege financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ege Endustri Stock history
Ege Endustri 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 Ege is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ege Endustri 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 Ege Endustri stock prices may prove useful in developing a viable investing in Ege Endustri
Ege Endstri ve Ticaret A.S. develops, manufactures, and sells axle and axle parts for the automotive industry in Turkey and internationally. Ege Endstri ve Ticaret A.S. is a subsidiary of Bayraktar Holding A.S. EGE ENDUSTRI operates under Auto Parts classification in Turkey and is traded on Istanbul Stock Exchange. It employs 516 people.
Ege Endustri Stock Technical Analysis
Ege Endustri 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
Ege Endustri Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ege Endustri 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.
Ege Endustri December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ege Endustri stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ege Endustri shares will generate the highest return on investment. By undertsting and applying Ege Endustri stock market strength indicators, traders can identify Ege Endustri ve entry and exit signals to maximize returns
Ege Endustri Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ege Endustri's price direction in advance. Along with the technical and fundamental analysis of Ege Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ege 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 | 0.0099 | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.44) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | (0.0003) |
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When running Ege Endustri's price analysis, check to measure Ege Endustri'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 Ege Endustri is operating at the current time. Most of Ege Endustri's value examination focuses on studying past and present price action to predict the probability of Ege Endustri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ege Endustri's price. Additionally, you may evaluate how the addition of Ege Endustri to your portfolios can decrease your overall portfolio volatility.
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