Karsan Otomotiv (Turkey) Price on November 17, 2023
KARSN Stock | TRY 12.21 0.02 0.16% |
If you're considering investing in Karsan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Karsan Otomotiv stands at 12.21, as last reported on the 26th of December, with the highest price reaching 12.40 and the lowest price hitting 12.21 during the day. Karsan Otomotiv Sanayi has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Karsan Otomotiv exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Karsan Otomotiv's Standard Deviation of 2.76, risk adjusted performance of (0.15), and Mean Deviation of 1.89 to check out the risk estimate we provide.
Karsan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Karsan |
Sharpe Ratio = -0.2008
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Estimated Market Risk
2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Karsan Otomotiv 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 Karsan Otomotiv by adding Karsan Otomotiv to a well-diversified portfolio.
Karsan Otomotiv Valuation on November 17, 2023
It is possible to determine the worth of Karsan Otomotiv on a given historical date. On November 17, 2023 Karsan was worth 9.55 at the beginning of the trading date compared to the closed value of 9.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Karsan Otomotiv stock. Still, in general, we apply an absolute valuation method to find Karsan Otomotiv'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 Karsan Otomotiv where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Karsan Otomotiv's related companies.
Open | High | Low | Close | Volume | |
9.54 | 9.66 | 9.51 | 9.55 | 13,117,479 | |
11/17/2023 | 9.55 | 9.66 | 9.54 | 9.58 | 11,192,085 |
9.67 | 9.79 | 9.64 | 9.70 | 18,141,142 |
Backtest Karsan Otomotiv | | | Karsan Otomotiv History | | | Karsan Otomotiv Valuation | Previous | Next |
Karsan Otomotiv Trading Date Momentum on November 17, 2023
On November 20 2023 Karsan Otomotiv Sanayi was traded for 9.70 at the closing time. The highest price during the trading period was 9.79 and the lowest recorded bid was listed for 9.64 . The volume for the day was 18.1 M. This history from November 20, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.25% . The trading delta at closing time to the current price is 1.04% . |
Karsan Otomotiv Sanayi Fundamentals Correlations and Trends
By evaluating Karsan Otomotiv'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 Karsan Otomotiv's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Karsan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Karsan Otomotiv Stock history
Karsan Otomotiv 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 Karsan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Karsan Otomotiv Sanayi 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 Karsan Otomotiv stock prices may prove useful in developing a viable investing in Karsan Otomotiv
Karsan Otomotiv Sanayii ve Ticaret A.S. manufactures and sells motor vehicles and spare parts in Turkey. Karsan Otomotiv Sanayii ve Ticaret A.S. is a subsidiary of Kiraca Holding AS. KARSAN OTOMOTIV operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange.
Karsan Otomotiv Stock Technical Analysis
Karsan Otomotiv 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
Karsan Otomotiv Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Karsan Otomotiv Sanayi 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.
Karsan Otomotiv December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Karsan Otomotiv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Karsan Otomotiv shares will generate the highest return on investment. By undertsting and applying Karsan Otomotiv stock market strength indicators, traders can identify Karsan Otomotiv Sanayi entry and exit signals to maximize returns
Karsan Otomotiv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Karsan Otomotiv's price direction in advance. Along with the technical and fundamental analysis of Karsan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Karsan 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 | (0.15) | |||
Jensen Alpha | (0.54) | |||
Total Risk Alpha | (0.67) | |||
Treynor Ratio | 1.13 |
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Complementary Tools for Karsan Stock analysis
When running Karsan Otomotiv's price analysis, check to measure Karsan Otomotiv'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 Karsan Otomotiv is operating at the current time. Most of Karsan Otomotiv's value examination focuses on studying past and present price action to predict the probability of Karsan Otomotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karsan Otomotiv's price. Additionally, you may evaluate how the addition of Karsan Otomotiv to your portfolios can decrease your overall portfolio volatility.
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