Turk Prysmian (Turkey) Price on August 15, 2023
| PRKAB Stock | TRY 30.64 0.30 0.99% |
If you're considering investing in Turk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turk Prysmian stands at 30.64, as last reported on the 10th of January, with the highest price reaching 30.88 and the lowest price hitting 30.26 during the day. Turk Prysmian is very steady at the moment. Turk Prysmian Kablo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0523, which indicates the firm had a 0.0523% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Turk Prysmian Kablo, which you can use to evaluate the volatility of the company. Please validate Turk Prysmian's Semi Deviation of 1.97, risk adjusted performance of 0.0094, and Coefficient Of Variation of 26368.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Turk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Turk |
Sharpe Ratio = 0.0523
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | PRKAB | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Turk Prysmian is performing at about 4% 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 Turk Prysmian by adding it to a well-diversified portfolio.
Turk Prysmian Valuation on August 15, 2023
It is possible to determine the worth of Turk Prysmian on a given historical date. On August 15, 2023 Turk was worth 36.6 at the beginning of the trading date compared to the closed value of 39.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turk Prysmian stock. Still, in general, we apply an absolute valuation method to find Turk Prysmian'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 Turk Prysmian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turk Prysmian's related companies.
| Open | High | Low | Close | Volume | |
| 34.30 | 36.78 | 34.18 | 36.04 | 6,920,170 | |
08/15/2023 | 36.60 | 39.64 | 36.52 | 39.64 | 7,417,000 |
| 40.88 | 42.00 | 36.02 | 36.26 | 7,926,243 |
| Backtest Turk Prysmian | | | Turk Prysmian History | | | Turk Prysmian Valuation | Previous | Next |
Turk Prysmian Trading Date Momentum on August 15, 2023
| On August 16 2023 Turk Prysmian Kablo was traded for 36.26 at the closing time. The highest price during the trading period was 42.00 and the lowest recorded bid was listed for 36.02 . The volume for the day was 7.9 M. This history from August 16, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 8.53% . The trading price change to the current price is 18.77% . |
Turk Prysmian Kablo Fundamentals Correlations and Trends
By evaluating Turk Prysmian'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 Turk Prysmian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turk Prysmian Stock history
Turk Prysmian 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 Turk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turk Prysmian Kablo 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 Turk Prysmian stock prices may prove useful in developing a viable investing in Turk Prysmian
Trk Prysmian Kablo ve Sistemleri Anonim Sirketi engages in the manufacture, import, export, and trading of cables, conductors, machinery, apparatus, tools and equipment, and spare parts and accessories for energy and telecommunication industries worldwide. Trk Prysmian Kablo ve Sistemleri Anonim Sirketi is a subsidiary of Draka Holding B.V. TURK PRYSMIAN operates under Communication Equipment classification in Turkey and is traded on Istanbul Stock Exchange. It employs 479 people.
Turk Prysmian Stock Technical Analysis
Turk Prysmian 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
Turk Prysmian Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Turk Prysmian Kablo 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.
Turk Prysmian January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Turk Prysmian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turk Prysmian shares will generate the highest return on investment. By undertsting and applying Turk Prysmian stock market strength indicators, traders can identify Turk Prysmian Kablo entry and exit signals to maximize returns
Turk Prysmian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turk Prysmian's price direction in advance. Along with the technical and fundamental analysis of Turk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turk 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 | 0.0094 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Turk Stock analysis
When running Turk Prysmian's price analysis, check to measure Turk Prysmian'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 Turk Prysmian is operating at the current time. Most of Turk Prysmian's value examination focuses on studying past and present price action to predict the probability of Turk Prysmian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turk Prysmian's price. Additionally, you may evaluate how the addition of Turk Prysmian to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |