Nigbas Nigde (Turkey) Price on December 11, 2024
| NIBAS Stock | TRY 19.10 0.36 1.85% |
If you're considering investing in Nigbas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nigbas Nigde stands at 19.10, as last reported on the 11th of December 2024, with the highest price reaching 20.30 and the lowest price hitting 19.05 during the day. Nigbas Nigde appears to be somewhat reliable, given 3 months investment horizon. Nigbas Nigde Beton has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Nigbas Nigde's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Nigbas Nigde's Risk Adjusted Performance of 0.0765, mean deviation of 3.41, and Downside Deviation of 3.03 to check out if our risk estimates are consistent with your expectations.
Nigbas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nigbas |
Sharpe Ratio = 0.1171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NIBAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.71 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nigbas Nigde is performing at about 9% 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 Nigbas Nigde by adding it to a well-diversified portfolio.
Nigbas Nigde Valuation on December 11, 2024
It is possible to determine the worth of Nigbas Nigde on a given historical date. On December 11, 2024 Nigbas was worth 19.53 at the beginning of the trading date compared to the closed value of 19.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nigbas Nigde stock. Still, in general, we apply an absolute valuation method to find Nigbas Nigde'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 Nigbas Nigde where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nigbas Nigde's related companies.
| Open | High | Low | Close | Volume | |
| 20.90 | 21.66 | 19.37 | 19.46 | 10,885,215 | |
12/11/2024 | 19.53 | 20.30 | 19.05 | 19.10 | 4,645,814 |
| Backtest Nigbas Nigde | | | Nigbas Nigde History | | | Nigbas Nigde Valuation | Previous |
Nigbas Nigde Trading Date Momentum on December 11, 2024
| On December 11 2024 Nigbas Nigde Beton was traded for 19.10 at the closing time. The highest price during the trading period was 20.30 and the lowest recorded bid was listed for 19.05 . The volume for the day was 4.6 M. This history from December 11, 2024 did not cause price change. The trading delta at closing time to the current price is 2.25% . |
Nigbas Nigde Beton Fundamentals Correlations and Trends
By evaluating Nigbas Nigde'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 Nigbas Nigde's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nigbas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nigbas Nigde Stock history
Nigbas Nigde 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 Nigbas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nigbas Nigde Beton 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 Nigbas Nigde stock prices may prove useful in developing a viable investing in Nigbas Nigde
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. manufactures and sells prefabricated concrete products and reinforced concrete structures in Turkey. Nigbas Nigde Beton Sanayi Ve Ticaret A.S. was founded in 1969 and is based in Nigde, Turkey. NIGBAS NIGDE operates under Engineering Construction classification in Turkey and is traded on Istanbul Stock Exchange. It employs 129 people.
Nigbas Nigde Stock Technical Analysis
Nigbas Nigde 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
Nigbas Nigde Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Nigbas Nigde Beton 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.
Nigbas Nigde December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Nigbas Nigde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nigbas Nigde shares will generate the highest return on investment. By undertsting and applying Nigbas Nigde stock market strength indicators, traders can identify Nigbas Nigde Beton entry and exit signals to maximize returns
Nigbas Nigde Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nigbas Nigde's price direction in advance. Along with the technical and fundamental analysis of Nigbas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nigbas 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 | 0.0765 | |||
| Jensen Alpha | 0.5712 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.1032 | |||
| Treynor Ratio | (0.34) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nigbas Stock analysis
When running Nigbas Nigde's price analysis, check to measure Nigbas Nigde'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 Nigbas Nigde is operating at the current time. Most of Nigbas Nigde's value examination focuses on studying past and present price action to predict the probability of Nigbas Nigde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nigbas Nigde's price. Additionally, you may evaluate how the addition of Nigbas Nigde to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |