Mercan Kimya (Turkey) Performance
| MERCN Stock | 12.10 0.31 2.50% |
The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mercan Kimya are expected to decrease at a much lower rate. During the bear market, Mercan Kimya is likely to outperform the market. At this point, Mercan Kimya Sanayi has a negative expected return of -0.0884%. Please make sure to verify Mercan Kimya's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Mercan Kimya Sanayi performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mercan Kimya Sanayi has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong forward indicators, Mercan Kimya is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
Mercan |
Mercan Kimya Relative Risk vs. Return Landscape
If you would invest 1,305 in Mercan Kimya Sanayi on September 23, 2024 and sell it today you would lose (95.00) from holding Mercan Kimya Sanayi or give up 7.28% of portfolio value over 90 days. Mercan Kimya Sanayi is generating negative expected returns and assumes 2.3908% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Mercan, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mercan Kimya Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercan Kimya's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mercan Kimya Sanayi, and traders can use it to determine the average amount a Mercan Kimya's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.037
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| Negative Returns | MERCN |
Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.09 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 Mercan Kimya 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 Mercan Kimya by adding Mercan Kimya to a well-diversified portfolio.
Things to note about Mercan Kimya Sanayi performance evaluation
Checking the ongoing alerts about Mercan Kimya for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mercan Kimya Sanayi help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mercan Kimya Sanayi generated a negative expected return over the last 90 days |
- Analyzing Mercan Kimya's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mercan Kimya's stock is overvalued or undervalued compared to its peers.
- Examining Mercan Kimya's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mercan Kimya's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mercan Kimya's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mercan Kimya's stock. These opinions can provide insight into Mercan Kimya's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mercan Stock analysis
When running Mercan Kimya's price analysis, check to measure Mercan Kimya'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 Mercan Kimya is operating at the current time. Most of Mercan Kimya's value examination focuses on studying past and present price action to predict the probability of Mercan Kimya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercan Kimya's price. Additionally, you may evaluate how the addition of Mercan Kimya to your portfolios can decrease your overall portfolio volatility.
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