Soktas Tekstil (Turkey) Price on June 27, 2024
| SKTAS Stock | TRY 4.65 0.08 1.69% |
If you're considering investing in Soktas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soktas Tekstil stands at 4.65, as last reported on the 23rd of December, with the highest price reaching 4.75 and the lowest price hitting 4.50 during the day. Soktas Tekstil is unstable at the moment. Soktas Tekstil Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0154, which indicates the firm had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Soktas Tekstil Sanayi, which you can use to evaluate the volatility of the company. Please validate Soktas Tekstil's Semi Deviation of 3.18, risk adjusted performance of 0.0318, and Coefficient Of Variation of 3327.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0624%.
Soktas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soktas |
Sharpe Ratio = 0.0154
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| Cash | Small Risk | Average Risk | SKTAS | Huge Risk |
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Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Soktas Tekstil is performing at about 1% 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 Soktas Tekstil by adding it to a well-diversified portfolio.
Soktas Tekstil Valuation on June 27, 2024
It is possible to determine the worth of Soktas Tekstil on a given historical date. On June 27, 2024 Soktas was worth 5.21 at the beginning of the trading date compared to the closed value of 5.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soktas Tekstil stock. Still, in general, we apply an absolute valuation method to find Soktas Tekstil'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 Soktas Tekstil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soktas Tekstil's related companies.
| Open | High | Low | Close | Volume | |
| 5.42 | 5.42 | 5.16 | 5.16 | 3,832,079 | |
06/27/2024 | 5.21 | 5.48 | 5.19 | 5.48 | 1,956,476 |
| 5.59 | 5.65 | 5.34 | 5.50 | 3,348,469 |
| Backtest Soktas Tekstil | | | Soktas Tekstil History | | | Soktas Tekstil Valuation | Previous | Next |
Soktas Tekstil Trading Date Momentum on June 27, 2024
| On June 28 2024 Soktas Tekstil Sanayi was traded for 5.50 at the closing time. The highest price during the trading period was 5.65 and the lowest recorded bid was listed for 5.34 . The volume for the day was 3.3 M. This history from June 28, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.36% . The trading price change to the current price is 4.01% . |
Soktas Tekstil Sanayi Fundamentals Correlations and Trends
By evaluating Soktas Tekstil'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 Soktas Tekstil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soktas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soktas Tekstil Stock history
Soktas Tekstil 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 Soktas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soktas Tekstil 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 Soktas Tekstil stock prices may prove useful in developing a viable investing in Soktas Tekstil
Sktas Tekstil Sanayi Ve Ticaret A.S., through its subsidiaries, designs, manufactures, and sells fabric and textile products. Sktas Tekstil Sanayi Ve Ticaret A.S. was founded in 1971 and is headquartered in Aydin, Turkey. Sktas Tekstil operates under Textile Manufacturing classification in Turkey and is traded on Istanbul Stock Exchange.
Soktas Tekstil Stock Technical Analysis
Soktas Tekstil 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
Soktas Tekstil Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Soktas Tekstil 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.
Soktas Tekstil December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Soktas Tekstil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Soktas Tekstil shares will generate the highest return on investment. By undertsting and applying Soktas Tekstil stock market strength indicators, traders can identify Soktas Tekstil Sanayi entry and exit signals to maximize returns
Soktas Tekstil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soktas Tekstil's price direction in advance. Along with the technical and fundamental analysis of Soktas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soktas 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 | 0.0318 | |||
| Jensen Alpha | 0.1003 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | 0.2496 |
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Complementary Tools for Soktas Stock analysis
When running Soktas Tekstil's price analysis, check to measure Soktas Tekstil'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 Soktas Tekstil is operating at the current time. Most of Soktas Tekstil's value examination focuses on studying past and present price action to predict the probability of Soktas Tekstil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soktas Tekstil's price. Additionally, you may evaluate how the addition of Soktas Tekstil to your portfolios can decrease your overall portfolio volatility.
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