Alarko Carrier (Turkey) Price on February 14, 2023
ALCAR Stock | TRY 1,010 18.00 1.75% |
If you're considering investing in Alarko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alarko Carrier stands at 1,010, as last reported on the 11th of December 2024, with the highest price reaching 1,027 and the lowest price hitting 1,005 during the day. Alarko Carrier Sanayi secures Sharpe Ratio (or Efficiency) of -0.0531, which signifies that the company had a -0.0531% return per unit of standard deviation over the last 3 months. Alarko Carrier Sanayi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alarko Carrier's mean deviation of 1.64, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Alarko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alarko |
Sharpe Ratio = -0.0531
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Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alarko Carrier 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 Alarko Carrier by adding Alarko Carrier to a well-diversified portfolio.
Alarko Carrier Valuation on February 14, 2023
It is possible to determine the worth of Alarko Carrier on a given historical date. On February 14, 2023 Alarko was worth 457.5 at the beginning of the trading date compared to the closed value of 457.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alarko Carrier stock. Still, in general, we apply an absolute valuation method to find Alarko Carrier'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 Alarko Carrier where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alarko Carrier's related companies.
Open | High | Low | Close | Volume | |
457.50 | 457.50 | 457.50 | 457.50 | 1.00 | |
02/14/2023 | 457.50 | 457.50 | 457.50 | 457.50 | 1.00 |
450.00 | 503.20 | 442.90 | 494.32 | 28,793 |
Backtest Alarko Carrier | | | Alarko Carrier History | | | Alarko Carrier Valuation | Previous | Next |
Alarko Carrier Trading Date Momentum on February 14, 2023
On February 15 2023 Alarko Carrier Sanayi was traded for 494.32 at the closing time. The highest price during the trading period was 503.20 and the lowest recorded bid was listed for 442.90 . The volume for the day was 28.8 K. This history from February 15, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 8.05% . The overall trading delta to the current price is 6.89% . |
Alarko Carrier Sanayi Fundamentals Correlations and Trends
By evaluating Alarko Carrier'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 Alarko Carrier's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alarko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alarko Carrier Stock history
Alarko Carrier 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 Alarko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alarko Carrier 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 Alarko Carrier stock prices may prove useful in developing a viable investing in Alarko Carrier
Alarko Carrier Sanayi ve Ticaret A.S. manufactures and sells products and services in the areas of heating, cooling, air-conditioning, and water pressurization. Alarko Carrier Sanayi ve Ticaret A.S. was founded in 1954 and is headquartered in Istanbul, Turkey. ALARKO CARRIER operates under Diversified Industrials classification in Turkey and is traded on Istanbul Stock Exchange.
Alarko Carrier Stock Technical Analysis
Alarko Carrier 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
Alarko Carrier Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alarko Carrier 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.
Alarko Carrier December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alarko Carrier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alarko Carrier shares will generate the highest return on investment. By undertsting and applying Alarko Carrier stock market strength indicators, traders can identify Alarko Carrier Sanayi entry and exit signals to maximize returns
Alarko Carrier Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alarko Carrier's price direction in advance. Along with the technical and fundamental analysis of Alarko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alarko 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 | (0.06) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.44) |
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Volume Indicators |
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When running Alarko Carrier's price analysis, check to measure Alarko Carrier'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 Alarko Carrier is operating at the current time. Most of Alarko Carrier's value examination focuses on studying past and present price action to predict the probability of Alarko Carrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarko Carrier's price. Additionally, you may evaluate how the addition of Alarko Carrier to your portfolios can decrease your overall portfolio volatility.
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