Kardemir Karabuk (Turkey) Price on September 19, 2024
| KRDMA Stock | TRY 30.82 1.34 4.55% |
If you're considering investing in Kardemir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kardemir Karabuk stands at 30.82, as last reported on the 26th of December, with the highest price reaching 31.94 and the lowest price hitting 29.46 during the day. Kardemir Karabuk appears to be very steady, given 3 months investment horizon. Kardemir Karabuk Demir has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Kardemir Karabuk's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please exercise Kardemir Karabuk's Mean Deviation of 2.17, downside deviation of 2.35, and Risk Adjusted Performance of 0.2292 to check out if our risk estimates are consistent with your expectations.
Kardemir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kardemir |
Sharpe Ratio = 0.2725
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Kardemir Karabuk is performing at about 21% 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 Kardemir Karabuk by adding it to a well-diversified portfolio.
Kardemir Karabuk Valuation on September 19, 2024
It is possible to determine the worth of Kardemir Karabuk on a given historical date. On September 19, 2024 Kardemir was worth 17.1 at the beginning of the trading date compared to the closed value of 17.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kardemir Karabuk stock. Still, in general, we apply an absolute valuation method to find Kardemir Karabuk'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 Kardemir Karabuk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kardemir Karabuk's related companies.
| Open | High | Low | Close | Volume | |
| 17.25 | 17.25 | 16.70 | 17.00 | 4,111,255 | |
09/19/2024 | 17.10 | 17.53 | 17.08 | 17.51 | 2,058,928 |
| 17.55 | 18.23 | 17.54 | 18.23 | 3,688,232 |
| Backtest Kardemir Karabuk | | | Kardemir Karabuk History | | | Kardemir Karabuk Valuation | Previous | Next |
Kardemir Karabuk Trading Date Momentum on September 19, 2024
| On September 20 2024 Kardemir Karabuk Demir was traded for 18.23 at the closing time. The highest price during the trading period was 18.23 and the lowest recorded bid was listed for 17.54 . The volume for the day was 3.7 M. This history from September 20, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.11% . The trading delta at closing time to the current price is 10.05% . |
Kardemir Karabuk Demir Fundamentals Correlations and Trends
By evaluating Kardemir Karabuk'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 Kardemir Karabuk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kardemir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kardemir Karabuk Stock history
Kardemir Karabuk 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 Kardemir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kardemir Karabuk 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 Kardemir Karabuk stock prices may prove useful in developing a viable investing in Kardemir Karabuk
Kardemir Karabk Demir elik Sanayi Ve Ticaret A.S. produces and sells iron and steel products in Turkey. The company was founded in 1937 and is headquartered in Karabk, Turkey. KARDEMIR is traded on Istanbul Stock Exchange in Turkey.
Kardemir Karabuk Stock Technical Analysis
Kardemir Karabuk 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
Kardemir Karabuk Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Kardemir Karabuk Demir 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.
Kardemir Karabuk December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Kardemir Karabuk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kardemir Karabuk shares will generate the highest return on investment. By undertsting and applying Kardemir Karabuk stock market strength indicators, traders can identify Kardemir Karabuk Demir entry and exit signals to maximize returns
Kardemir Karabuk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kardemir Karabuk's price direction in advance. Along with the technical and fundamental analysis of Kardemir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kardemir 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 | 0.2292 | |||
| Jensen Alpha | 0.7622 | |||
| Total Risk Alpha | 0.6498 | |||
| Sortino Ratio | 0.3134 | |||
| Treynor Ratio | 2.7 |
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Complementary Tools for Kardemir Stock analysis
When running Kardemir Karabuk's price analysis, check to measure Kardemir Karabuk'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 Kardemir Karabuk is operating at the current time. Most of Kardemir Karabuk's value examination focuses on studying past and present price action to predict the probability of Kardemir Karabuk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kardemir Karabuk's price. Additionally, you may evaluate how the addition of Kardemir Karabuk to your portfolios can decrease your overall portfolio volatility.
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