Mercan Kimya (Turkey) Price on January 2, 2025

MERCN Stock   20.30  0.54  2.73%   
If you're considering investing in Mercan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mercan Kimya stands at 20.30, as last reported on the 27th of March, with the highest price reaching 20.88 and the lowest price hitting 19.87 during the day. Mercan Kimya appears to be not too volatile, given 3 months investment horizon. Mercan Kimya Sanayi has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26 % return per unit of risk over the last 3 months. By analyzing Mercan Kimya's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Mercan Kimya's Mean Deviation of 2.29, risk adjusted performance of 0.2375, and Downside Deviation of 3.04 to check out if our risk estimates are consistent with your expectations.
  
Mercan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2644

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMERCN
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.16
  actual daily
28
72% of assets are more volatile

Expected Return

 0.84
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Mercan Kimya is performing at about 20% 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 Mercan Kimya by adding it to a well-diversified portfolio.

Mercan Kimya Valuation on January 2, 2025

It is possible to determine the worth of Mercan Kimya on a given historical date. On January 2, 2025 Mercan was worth 12.45 at the beginning of the trading date compared to the closed value of 12.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercan Kimya stock. Still, in general, we apply an absolute valuation method to find Mercan Kimya'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 Mercan Kimya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercan Kimya's related companies.
 Open High Low Close Volume
  12.52    12.68    12.32    12.64    1,439,662  
01/02/2025
  12.45    12.91    12.31    12.75    3,359,644  
  12.71    13.35    12.64    13.31    2,503,949  
Backtest Mercan Kimya  |  Mercan Kimya History  PreviousNext  
Open Value
12.45
12.75
Closing Value
21.94
Upside

Mercan Kimya Trading Date Momentum on January 2, 2025

On January 03 2025 Mercan Kimya Sanayi was traded for  13.31  at the closing time. The highest price during the trading period was 13.35  and the lowest recorded bid was listed for  12.64 . The volume for the day was 2.5 M. This history from January 3, 2025 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.39% . The trading delta at closing time to the current price is 22.27% .

Price Boundaries

Mercan Kimya Period Price Range

Low
March 27, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mercan Kimya 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.

Mercan Kimya March 27, 2025 Market Strength

Market strength indicators help investors to evaluate how Mercan Kimya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercan Kimya shares will generate the highest return on investment. By undertsting and applying Mercan Kimya stock market strength indicators, traders can identify Mercan Kimya Sanayi entry and exit signals to maximize returns

Mercan Kimya Technical and Predictive Indicators

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

When running Mercan Kimya's price analysis, check to measure Mercan Kimya'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 Mercan Kimya is operating at the current time. Most of Mercan Kimya's value examination focuses on studying past and present price action to predict the probability of Mercan Kimya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercan Kimya's price. Additionally, you may evaluate how the addition of Mercan Kimya 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
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets