Izmir Demir (Turkey) Price on September 7, 2023

IZMDC Stock  TRY 5.38  0.08  1.47%   
If you're considering investing in Izmir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Izmir Demir stands at 5.38, as last reported on the 27th of December, with the highest price reaching 5.51 and the lowest price hitting 5.37 during the day. Izmir Demir Celik holds Efficiency (Sharpe) Ratio of -0.0261, which attests that the entity had a -0.0261% return per unit of risk over the last 3 months. Izmir Demir Celik exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Izmir Demir's Market Risk Adjusted Performance of (0.05), risk adjusted performance of 0.0057, and Standard Deviation of 2.19 to validate the risk estimate we provide.
  
Izmir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0261

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Negative ReturnsIZMDC

Estimated Market Risk

 2.19
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Izmir Demir 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 Izmir Demir by adding Izmir Demir to a well-diversified portfolio.

Izmir Demir Valuation on September 7, 2023

It is possible to determine the worth of Izmir Demir on a given historical date. On September 7, 2023 Izmir was worth 8.27 at the beginning of the trading date compared to the closed value of 8.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Izmir Demir stock. Still, in general, we apply an absolute valuation method to find Izmir 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 Izmir Demir where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Izmir Demir's related companies.
 Open High Low Close Volume
  8.02    8.51    7.94    8.12    63,732,958  
09/07/2023
  8.27    8.33    8.12    8.19    31,231,212  
  8.25    8.34    8.05    8.05    25,330,331  
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Open Value
8.27
8.19
Closing Value
14.85
Upside

Izmir Demir Trading Date Momentum on September 7, 2023

On September 08 2023 Izmir Demir Celik was traded for  8.05  at the closing time. The highest price during the trading period was 8.34  and the lowest recorded bid was listed for  8.05 . The volume for the day was 25.3 M. This history from September 8, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.71% . The trading delta at closing time to the current price is 10.26% .

Izmir Demir Celik Fundamentals Correlations and Trends

By evaluating Izmir 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 Izmir Demir's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Izmir financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Izmir Demir Stock history

Izmir 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 Izmir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Izmir Demir Celik 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 Izmir Demir stock prices may prove useful in developing a viable investing in Izmir Demir
Izmir Demir elik Sanayi Anonim Sirketi, together with its subsidiaries, produces and sells steel in Turkey and internationally. Izmir Demir elik Sanayi Anonim Sirket is a subsidiary of Sahin Ko elik Sanayi A.S. IZMIR DEMIR operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 1794 people.

Izmir Demir Stock Technical Analysis

Izmir 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.
A focus of Izmir Demir technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Izmir Demir trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Izmir Demir Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Izmir Demir Celik 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.

Izmir Demir December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Izmir 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 Izmir Demir shares will generate the highest return on investment. By undertsting and applying Izmir Demir stock market strength indicators, traders can identify Izmir Demir Celik entry and exit signals to maximize returns

Izmir Demir Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Izmir Demir's price direction in advance. Along with the technical and fundamental analysis of Izmir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Izmir 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.

Complementary Tools for Izmir Stock analysis

When running Izmir Demir's price analysis, check to measure Izmir 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 Izmir Demir is operating at the current time. Most of Izmir Demir's value examination focuses on studying past and present price action to predict the probability of Izmir 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 Izmir Demir's price. Additionally, you may evaluate how the addition of Izmir Demir to your portfolios can decrease your overall portfolio volatility.
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