Ozerden Plastik (Turkey) Price on May 22, 2023
OZRDN Stock | TRY 8.74 0.07 0.79% |
If you're considering investing in Ozerden Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ozerden Plastik stands at 8.74, as last reported on the 21st of December, with the highest price reaching 8.84 and the lowest price hitting 8.60 during the day. Ozerden Plastik Sanayi maintains Sharpe Ratio (i.e., Efficiency) of -0.0375, which implies the firm had a -0.0375% return per unit of risk over the last 3 months. Ozerden Plastik Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ozerden Plastik's Coefficient Of Variation of (1,897), risk adjusted performance of (0.03), and Variance of 6.9 to confirm the risk estimate we provide.
Ozerden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ozerden |
Sharpe Ratio = -0.0375
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Estimated Market Risk
2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ozerden Plastik 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 Ozerden Plastik by adding Ozerden Plastik to a well-diversified portfolio.
Ozerden Plastik Valuation on May 22, 2023
It is possible to determine the worth of Ozerden Plastik on a given historical date. On May 22, 2023 Ozerden was worth 4.65 at the beginning of the trading date compared to the closed value of 4.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ozerden Plastik stock. Still, in general, we apply an absolute valuation method to find Ozerden Plastik'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 Ozerden Plastik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ozerden Plastik's related companies.
Open | High | Low | Close | Volume | |
4.53 | 4.80 | 4.45 | 4.65 | 5,344,227 | |
05/22/2023 | 4.65 | 4.68 | 4.51 | 4.66 | 2,289,945 |
4.67 | 5.07 | 4.63 | 4.82 | 4,777,839 |
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Ozerden Plastik Trading Date Momentum on May 22, 2023
On May 23 2023 Ozerden Plastik Sanayi was traded for 4.82 at the closing time. The highest price during the trading period was 5.07 and the lowest recorded bid was listed for 4.63 . The volume for the day was 4.8 M. This history from May 23, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 3.43% . The trading delta at closing time to the current price is 8.15% . |
Ozerden Plastik Sanayi Fundamentals Correlations and Trends
By evaluating Ozerden Plastik'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 Ozerden Plastik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ozerden financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ozerden Plastik Stock history
Ozerden Plastik 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 Ozerden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ozerden Plastik 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 Ozerden Plastik stock prices may prove useful in developing a viable investing in Ozerden Plastik
Ozerden Plastik Stock Technical Analysis
Ozerden Plastik 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
Ozerden Plastik Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Ozerden Plastik 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.
Ozerden Plastik December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Ozerden Plastik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ozerden Plastik shares will generate the highest return on investment. By undertsting and applying Ozerden Plastik stock market strength indicators, traders can identify Ozerden Plastik Sanayi entry and exit signals to maximize returns
Ozerden Plastik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ozerden Plastik's price direction in advance. Along with the technical and fundamental analysis of Ozerden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ozerden 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 | (0.03) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.7335 |
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Complementary Tools for Ozerden Stock analysis
When running Ozerden Plastik's price analysis, check to measure Ozerden Plastik'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 Ozerden Plastik is operating at the current time. Most of Ozerden Plastik's value examination focuses on studying past and present price action to predict the probability of Ozerden Plastik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ozerden Plastik's price. Additionally, you may evaluate how the addition of Ozerden Plastik to your portfolios can decrease your overall portfolio volatility.
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