Iskenderun Demir (Turkey) Price on September 20, 2024
| ISDMR Stock | TRY 41.58 1.18 2.92% |
If you're considering investing in Iskenderun Stock, it is important to understand the factors that can impact its price. As of today, the current price of Iskenderun Demir stands at 41.58, as last reported on the 24th of December, with the highest price reaching 41.58 and the lowest price hitting 40.12 during the day. Iskenderun Demir appears to be very steady, given 3 months investment horizon. Iskenderun Demir holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Iskenderun Demir, which you can use to evaluate the volatility of the firm. Please utilize Iskenderun Demir's Risk Adjusted Performance of 0.0989, downside deviation of 1.61, and Market Risk Adjusted Performance of 2.26 to validate if our risk estimates are consistent with your expectations.
Iskenderun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Iskenderun |
Sharpe Ratio = 0.1309
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ISDMR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Iskenderun Demir is performing at about 10% 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 Iskenderun Demir by adding it to a well-diversified portfolio.
Iskenderun Demir Valuation on September 20, 2024
It is possible to determine the worth of Iskenderun Demir on a given historical date. On September 20, 2024 Iskenderun was worth 36.0 at the beginning of the trading date compared to the closed value of 35.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Iskenderun Demir stock. Still, in general, we apply an absolute valuation method to find Iskenderun 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 Iskenderun Demir where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Iskenderun Demir's related companies.
| Open | High | Low | Close | Volume | |
| 35.60 | 35.98 | 35.60 | 35.94 | 1,446,455 | |
09/20/2024 | 36.00 | 36.92 | 35.12 | 35.12 | 3,167,305 |
| 35.30 | 35.50 | 34.62 | 34.66 | 2,171,970 |
| Backtest Iskenderun Demir | | | Iskenderun Demir History | | | Iskenderun Demir Valuation | Previous | Next |
Iskenderun Demir Trading Date Momentum on September 20, 2024
| On September 23 2024 Iskenderun Demir ve was traded for 34.66 at the closing time. The highest price during the trading period was 35.50 and the lowest recorded bid was listed for 34.62 . The volume for the day was 2.2 M. This history from September 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.31% . The trading delta at closing time to the current price is 5.52% . |
Iskenderun Demir Fundamentals Correlations and Trends
By evaluating Iskenderun 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 Iskenderun Demir's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Iskenderun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Iskenderun Demir Stock history
Iskenderun 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 Iskenderun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iskenderun Demir 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 Iskenderun Demir stock prices may prove useful in developing a viable investing in Iskenderun Demir
Iskenderun Demir ve elik A.S. produces and sells iron and steel products in Turkey. Iskenderun Demir ve elik A.S. is a subsidiary of Eregli Demir ve elik Fabrikalari T.A.S. ISKENDERUN DEMIR operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 4767 people.
Iskenderun Demir Stock Technical Analysis
Iskenderun 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
Iskenderun Demir Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Iskenderun 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.
Iskenderun Demir December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Iskenderun 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 Iskenderun Demir shares will generate the highest return on investment. By undertsting and applying Iskenderun Demir stock market strength indicators, traders can identify Iskenderun Demir ve entry and exit signals to maximize returns
Iskenderun Demir Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Iskenderun Demir's price direction in advance. Along with the technical and fundamental analysis of Iskenderun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iskenderun 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 | 0.0989 | |||
| Jensen Alpha | 0.2292 | |||
| Total Risk Alpha | 0.1712 | |||
| Sortino Ratio | 0.1294 | |||
| Treynor Ratio | 2.25 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Iskenderun Stock analysis
When running Iskenderun Demir's price analysis, check to measure Iskenderun 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 Iskenderun Demir is operating at the current time. Most of Iskenderun Demir's value examination focuses on studying past and present price action to predict the probability of Iskenderun 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 Iskenderun Demir's price. Additionally, you may evaluate how the addition of Iskenderun Demir to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |