Mercan Kimya (Turkey) Price on November 28, 2023
| MERCN Stock | 14.88 0.57 3.98% |
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 14.88, as last reported on the 9th of January, with the highest price reaching 15.03 and the lowest price hitting 14.26 during the day. Mercan Kimya is not too volatile at the moment. Mercan Kimya Sanayi has Sharpe Ratio of 0.0731, which conveys that the firm had a 0.0731% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mercan Kimya, which you can use to evaluate the volatility of the firm. Please verify Mercan Kimya's Downside Deviation of 1.98, mean deviation of 1.79, and Risk Adjusted Performance of 0.0897 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Mercan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mercan |
Sharpe Ratio = 0.0731
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mercan Kimya is performing at about 5% 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 November 28, 2023
It is possible to determine the worth of Mercan Kimya on a given historical date. On November 28, 2023 Mercan was worth 11.73 at the beginning of the trading date compared to the closed value of 11.5. 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 | |
| 11.45 | 11.78 | 11.45 | 11.71 | 1,445,784 | |
11/28/2023 | 11.73 | 11.83 | 11.43 | 11.50 | 1,549,307 |
| 11.45 | 11.50 | 10.89 | 10.89 | 1,742,161 |
| Backtest Mercan Kimya | | | Mercan Kimya History | Previous | Next |
Mercan Kimya Trading Date Momentum on November 28, 2023
| On November 29 2023 Mercan Kimya Sanayi was traded for 10.89 at the closing time. The highest price during the trading period was 11.50 and the lowest recorded bid was listed for 10.89 . The volume for the day was 1.7 M. This history from November 29, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.30% . The trading delta at closing time to the current price is 3.48% . |
Price Boundaries
Mercan Kimya Period Price Range
Low | January 9, 2025
| 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 January 9, 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.
| Risk Adjusted Performance | 0.0897 | |||
| Jensen Alpha | 0.241 | |||
| Total Risk Alpha | 0.2431 | |||
| Sortino Ratio | 0.1219 | |||
| Treynor Ratio | (0.38) |
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| Volatility Indicators | ||
| Volume Indicators |
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.
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