Zorlu Enerji (Turkey) Price on November 5, 2024
| ZOREN Stock | TRY 4.37 0.07 1.58% |
If you're considering investing in Zorlu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zorlu Enerji stands at 4.37, as last reported on the 22nd of December, with the highest price reaching 4.45 and the lowest price hitting 4.36 during the day. Zorlu Enerji is slightly risky at the moment. Zorlu Enerji Elektrik shows Sharpe Ratio of 0.0082, which attests that the company had a 0.0082% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Zorlu Enerji Elektrik, which you can use to evaluate the volatility of the company. Please check out Zorlu Enerji's Mean Deviation of 1.32, standard deviation of 1.66, and Market Risk Adjusted Performance of 0.4016 to validate if the risk estimate we provide is consistent with the expected return of 0.0138%.
Zorlu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zorlu |
Sharpe Ratio = 0.0082
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| Negative Returns | ZOREN |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Zorlu Enerji 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 Zorlu Enerji by adding Zorlu Enerji to a well-diversified portfolio.
Zorlu Enerji Valuation on November 5, 2024
It is possible to determine the worth of Zorlu Enerji on a given historical date. On November 5, 2024 Zorlu was worth 4.07 at the beginning of the trading date compared to the closed value of 4.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zorlu Enerji stock. Still, in general, we apply an absolute valuation method to find Zorlu Enerji'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 Zorlu Enerji where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zorlu Enerji's related companies.
| Open | High | Low | Close | Volume | |
| 4.15 | 4.16 | 4.02 | 4.05 | 30,642,750 | |
11/05/2024 | 4.07 | 4.08 | 4.00 | 4.05 | 43,540,290 |
| 4.04 | 4.21 | 4.04 | 4.17 | 58,992,150 |
| Backtest Zorlu Enerji | | | Zorlu Enerji History | | | Zorlu Enerji Valuation | Previous | Next |
Zorlu Enerji Trading Date Momentum on November 5, 2024
| On November 06 2024 Zorlu Enerji Elektrik was traded for 4.17 at the closing time. The highest price during the trading period was 4.21 and the lowest recorded bid was listed for 4.04 . The volume for the day was 59 M. This history from November 6, 2024 contributed to the next trading day price growth. The trading date delta to the next closing price was 2.96% . The trading date delta to the current price is 5.43% . |
Zorlu Enerji Elektrik Fundamentals Correlations and Trends
By evaluating Zorlu Enerji'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 Zorlu Enerji's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zorlu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zorlu Enerji Stock history
Zorlu Enerji 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 Zorlu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zorlu Enerji Elektrik 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 Zorlu Enerji stock prices may prove useful in developing a viable investing in Zorlu Enerji
Zorlu Enerji Elektrik retim A.S., together with its subsidiaries, engages in establishing, renting, and operating electrical energy production plants primarily in Turkey and Pakistan. Zorlu Enerji Elektrik retim A.S. is a subsidiary of Zorlu Energy Group. ZORLU ENERJI is traded on Istanbul Stock Exchange in Turkey.
Zorlu Enerji Stock Technical Analysis
Zorlu Enerji 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
Zorlu Enerji Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Zorlu Enerji Elektrik 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.
Zorlu Enerji December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Zorlu Enerji stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zorlu Enerji shares will generate the highest return on investment. By undertsting and applying Zorlu Enerji stock market strength indicators, traders can identify Zorlu Enerji Elektrik entry and exit signals to maximize returns
Zorlu Enerji Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zorlu Enerji's price direction in advance. Along with the technical and fundamental analysis of Zorlu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zorlu 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 | 0.0035 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.3916 |
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Complementary Tools for Zorlu Stock analysis
When running Zorlu Enerji's price analysis, check to measure Zorlu Enerji'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 Zorlu Enerji is operating at the current time. Most of Zorlu Enerji's value examination focuses on studying past and present price action to predict the probability of Zorlu Enerji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zorlu Enerji's price. Additionally, you may evaluate how the addition of Zorlu Enerji to your portfolios can decrease your overall portfolio volatility.
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