Akbank Turk Anonim Stock Price on December 3, 2024
| AKBTY Stock | USD 3.60 0.09 2.56% |
If you're considering investing in Akbank OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akbank Turk stands at 3.60, as last reported on the 4th of December, with the highest price reaching 3.66 and the lowest price hitting 3.60 during the day. At this stage we consider Akbank OTC Stock to be risky. Akbank Turk Anonim secures Sharpe Ratio (or Efficiency) of 0.0229, which signifies that the company had a 0.0229% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Akbank Turk Anonim, which you can use to evaluate the volatility of the firm. Please confirm Akbank Turk's risk adjusted performance of 0.0338, and Mean Deviation of 3.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.0901%.
Akbank OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akbank |
Sharpe Ratio = 0.0229
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| Cash | Small Risk | Average Risk | AKBTY | Huge Risk |
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Estimated Market Risk
| 3.94 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.09 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 Akbank Turk 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 Akbank Turk by adding it to a well-diversified portfolio.
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Akbank Turk Valuation on December 3, 2024
It is possible to determine the worth of Akbank Turk on a given historical date. On December 3, 2024 Akbank was worth 3.6 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akbank Turk otc stock. Still, in general, we apply an absolute valuation method to find Akbank Turk'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 Akbank Turk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akbank Turk's related companies.
| Open | High | Low | Close | Volume | |
| 3.50 | 3.60 | 3.40 | 3.51 | 19,400 | |
12/03/2024 | 3.60 | 3.66 | 3.60 | 3.60 | 27,400 |
| 3.60 | 3.66 | 3.60 | 3.60 | 0.00 |
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Akbank Turk Trading Date Momentum on December 3, 2024
| On December 04 2024 Akbank Turk Anonim was traded for 3.60 at the closing time. The highest daily price throughout the period was 3.66 and the lowest price was 3.60 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Akbank Turk Anonim Fundamentals Correlations and Trends
By evaluating Akbank Turk'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 Akbank Turk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akbank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akbank Turk OTC Stock history
Akbank Turk 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 Akbank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akbank Turk Anonim 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 Akbank Turk stock prices may prove useful in developing a viable investing in Akbank Turk
Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. Akbank T.A.S. was founded in 1948 and is headquartered in Istanbul, Turkey. Akbank Turk operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 12606 people.
Akbank Turk OTC Stock Technical Analysis
Akbank Turk technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Akbank Turk Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Akbank Turk Anonim cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Akbank Turk December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Akbank Turk otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akbank Turk shares will generate the highest return on investment. By undertsting and applying Akbank Turk otc stock market strength indicators, traders can identify Akbank Turk Anonim entry and exit signals to maximize returns
Akbank Turk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akbank Turk's price direction in advance. Along with the technical and fundamental analysis of Akbank OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akbank 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 | 0.0338 | |||
| Jensen Alpha | 0.0605 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.2043 |
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Additional Tools for Akbank OTC Stock Analysis
When running Akbank Turk's price analysis, check to measure Akbank Turk'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 Akbank Turk is operating at the current time. Most of Akbank Turk's value examination focuses on studying past and present price action to predict the probability of Akbank Turk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akbank Turk's price. Additionally, you may evaluate how the addition of Akbank Turk to your portfolios can decrease your overall portfolio volatility.