Eregli Demir (Turkey) Price on October 3, 2023
| EREGL Stock | TRY 25.78 0.56 2.22% |
If you're considering investing in Eregli Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eregli Demir stands at 25.78, as last reported on the 1st of December, with the highest price reaching 25.94 and the lowest price hitting 25.06 during the day. Eregli Demir is very steady at the moment. Eregli Demir ve secures Sharpe Ratio (or Efficiency) of 0.0481, which denotes the company had a 0.0481% return per unit of risk over the last 3 months. We have found thirty technical indicators for Eregli Demir ve, which you can use to evaluate the volatility of the firm. Please confirm Eregli Demir's Mean Deviation of 1.44, downside deviation of 1.68, and Coefficient Of Variation of 1276.29 to check if the risk estimate we provide is consistent with the expected return of 0.0839%.
Eregli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eregli |
Sharpe Ratio = 0.0481
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | EREGL | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Eregli Demir is performing at about 3% 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 Eregli Demir by adding it to a well-diversified portfolio.
Eregli Demir Valuation on October 3, 2023
It is possible to determine the worth of Eregli Demir on a given historical date. On October 3, 2023 Eregli was worth 21.92 at the beginning of the trading date compared to the closed value of 21.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eregli Demir stock. Still, in general, we apply an absolute valuation method to find Eregli Demir'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 Eregli Demir where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eregli Demir's related companies.
| Open | High | Low | Close | Volume | |
| 21.73 | 22.05 | 21.73 | 21.85 | 216,463,016 | |
10/03/2023 | 21.92 | 22.20 | 21.78 | 21.82 | 294,420,812 |
| 21.83 | 21.97 | 21.27 | 21.28 | 240,684,188 |
| Backtest Eregli Demir | | | Eregli Demir History | | | Eregli Demir Valuation | Previous | Next |
Eregli Demir Trading Date Momentum on October 3, 2023
| On October 04 2023 Eregli Demir ve was traded for 21.28 at the closing time. The highest price during the trading period was 21.97 and the lowest recorded bid was listed for 21.27 . The volume for the day was 240.7 M. This history from October 4, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.47% . The overall trading delta to the current price is 3.39% . |
Eregli Demir ve Fundamentals Correlations and Trends
By evaluating Eregli Demir'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 Eregli Demir's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eregli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eregli Demir Stock history
Eregli Demir 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 Eregli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eregli Demir 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 Eregli Demir stock prices may prove useful in developing a viable investing in Eregli Demir
Eregli Demir ve elik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Eregli Demir ve elik Fabrikalari T.A.S. was incorporated in 1960 and is headquartered in Istanbul, Turkey. EREGLI DEMIR operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 12788 people.
Eregli Demir Stock Technical Analysis
Eregli Demir 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
Eregli Demir Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Eregli Demir 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.
Eregli Demir December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Eregli Demir stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eregli Demir shares will generate the highest return on investment. By undertsting and applying Eregli Demir stock market strength indicators, traders can identify Eregli Demir ve entry and exit signals to maximize returns
Eregli Demir Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eregli Demir's price direction in advance. Along with the technical and fundamental analysis of Eregli Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eregli 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 | 0.0655 | |||
| Jensen Alpha | 0.046 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.00000057) | |||
| Treynor Ratio | 0.1994 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Eregli Stock analysis
When running Eregli Demir's price analysis, check to measure Eregli Demir'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 Eregli Demir is operating at the current time. Most of Eregli Demir's value examination focuses on studying past and present price action to predict the probability of Eregli Demir's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eregli Demir's price. Additionally, you may evaluate how the addition of Eregli Demir to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |