Turcas Petrol (Turkey) Price on May 4, 2023
| TRCAS Stock | TRY 26.76 1.20 4.29% |
If you're considering investing in Turcas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Turcas Petrol stands at 26.76, as last reported on the 3rd of January, with the highest price reaching 28.30 and the lowest price hitting 26.34 during the day. Turcas Petrol appears to be very steady, given 3 months investment horizon. Turcas Petrol AS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Turcas Petrol AS, which you can use to evaluate the volatility of the company. Please review Turcas Petrol's Semi Deviation of 1.79, coefficient of variation of 635.59, and Risk Adjusted Performance of 0.1331 to confirm if our risk estimates are consistent with your expectations.
Turcas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Turcas |
Sharpe Ratio = 0.1127
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Turcas Petrol is performing at about 8% 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 Turcas Petrol by adding it to a well-diversified portfolio.
Turcas Petrol Valuation on May 4, 2023
It is possible to determine the worth of Turcas Petrol on a given historical date. On May 4, 2023 Turcas was worth 10.83 at the beginning of the trading date compared to the closed value of 11.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Turcas Petrol stock. Still, in general, we apply an absolute valuation method to find Turcas Petrol'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 Turcas Petrol where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Turcas Petrol's related companies.
| Open | High | Low | Close | Volume | |
| 11.81 | 11.81 | 10.81 | 11.10 | 1,338,405 | |
05/04/2023 | 10.83 | 11.73 | 10.83 | 11.12 | 778,247 |
| 11.48 | 11.60 | 11.02 | 11.30 | 791,502 |
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Turcas Petrol Trading Date Momentum on May 4, 2023
| On May 05 2023 Turcas Petrol AS was traded for 11.30 at the closing time. The highest price during the trading period was 11.60 and the lowest recorded bid was listed for 11.02 . The volume for the day was 791.5 K. This history from May 5, 2023 contributed to the next trading day price growth. The trading price change to the next closing price was 1.62% . The trading price change to the current price is 0.18% . |
Turcas Petrol AS Fundamentals Correlations and Trends
By evaluating Turcas Petrol'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 Turcas Petrol's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Turcas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Turcas Petrol Stock history
Turcas Petrol 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 Turcas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Turcas Petrol AS 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 Turcas Petrol stock prices may prove useful in developing a viable investing in Turcas Petrol
Turcas Petrol A.S., through its subsidiaries, operates in the fuel retail and lubricants, conventional energy, and renewable energy fields primarily in Turkey. The company was founded in 1931 and is headquartered in Istanbul, Turkey. TURCAS PETROL operates under UtilitiesIndependent Power Producers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 82 people.
Turcas Petrol Stock Technical Analysis
Turcas Petrol 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
Turcas Petrol Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Turcas Petrol AS 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.
Turcas Petrol January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Turcas Petrol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turcas Petrol shares will generate the highest return on investment. By undertsting and applying Turcas Petrol stock market strength indicators, traders can identify Turcas Petrol AS entry and exit signals to maximize returns
Turcas Petrol Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Turcas Petrol's price direction in advance. Along with the technical and fundamental analysis of Turcas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Turcas 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 | 0.1331 | |||
| Jensen Alpha | 0.3448 | |||
| Total Risk Alpha | 0.3396 | |||
| Sortino Ratio | 0.1672 | |||
| Treynor Ratio | (0.75) |
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| Volume Indicators |
Complementary Tools for Turcas Stock analysis
When running Turcas Petrol's price analysis, check to measure Turcas Petrol'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 Turcas Petrol is operating at the current time. Most of Turcas Petrol's value examination focuses on studying past and present price action to predict the probability of Turcas Petrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turcas Petrol's price. Additionally, you may evaluate how the addition of Turcas Petrol to your portfolios can decrease your overall portfolio volatility.
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