Afyon Cimento (Turkey) Price on December 19, 2024
AFYON Stock | TRY 14.39 0.05 0.35% |
If you're considering investing in Afyon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afyon Cimento stands at 14.39, as last reported on the 23rd of December, with the highest price reaching 14.57 and the lowest price hitting 14.33 during the day. Afyon Cimento Sanayi secures Sharpe Ratio (or Efficiency) of -0.0169, which signifies that the company had a -0.0169% return per unit of risk over the last 3 months. Afyon Cimento Sanayi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afyon Cimento's Mean Deviation of 2.14, standard deviation of 2.92, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Afyon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afyon |
Sharpe Ratio = -0.0169
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Estimated Market Risk
2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Afyon Cimento 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 Afyon Cimento by adding Afyon Cimento to a well-diversified portfolio.
Afyon Cimento Valuation on December 19, 2024
It is possible to determine the worth of Afyon Cimento on a given historical date. On December 19, 2024 Afyon was worth 14.36 at the beginning of the trading date compared to the closed value of 14.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afyon Cimento stock. Still, in general, we apply an absolute valuation method to find Afyon Cimento'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 Afyon Cimento where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afyon Cimento's related companies.
Open | High | Low | Close | Volume | |
14.52 | 14.70 | 14.43 | 14.45 | 8,242,201 | |
12/19/2024 | 14.36 | 14.63 | 14.25 | 14.44 | 8,538,696 |
14.46 | 14.57 | 14.33 | 14.39 | 6,627,540 |
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Afyon Cimento Trading Date Momentum on December 19, 2024
On December 20 2024 Afyon Cimento Sanayi was traded for 14.39 at the closing time. The highest price during the trading period was 14.57 and the lowest recorded bid was listed for 14.33 . The volume for the day was 6.6 M. This history from December 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.35% . The overall trading delta to the current price is 0.14% . |
Afyon Cimento Sanayi Fundamentals Correlations and Trends
By evaluating Afyon Cimento'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 Afyon Cimento's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afyon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afyon Cimento Stock history
Afyon Cimento 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 Afyon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afyon Cimento 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 Afyon Cimento stock prices may prove useful in developing a viable investing in Afyon Cimento
Afyon imento Sanayi Trk Anonim Sirketi produces and sells cement and ready-mixed concrete. Afyon imento Sanayi Trk Anonim Sirketi is a subsidiary of Cimsa Cimento Sanayi ve Ticaret Anonim Sirketi. AFYON CIMENTO operates under Building Materials classification in Turkey and is traded on Istanbul Stock Exchange.
Afyon Cimento Stock Technical Analysis
Afyon Cimento 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
Afyon Cimento Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Afyon Cimento 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.
Afyon Cimento December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Afyon Cimento stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afyon Cimento shares will generate the highest return on investment. By undertsting and applying Afyon Cimento stock market strength indicators, traders can identify Afyon Cimento Sanayi entry and exit signals to maximize returns
Afyon Cimento Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afyon Cimento's price direction in advance. Along with the technical and fundamental analysis of Afyon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afyon 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 | (0.01) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.16) |
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Volume Indicators |
Complementary Tools for Afyon Stock analysis
When running Afyon Cimento's price analysis, check to measure Afyon Cimento'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 Afyon Cimento is operating at the current time. Most of Afyon Cimento's value examination focuses on studying past and present price action to predict the probability of Afyon Cimento's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afyon Cimento's price. Additionally, you may evaluate how the addition of Afyon Cimento to your portfolios can decrease your overall portfolio volatility.
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