Biotrend Cevre (Turkey) Price on January 11, 2024

BIOEN Stock  TRY 17.36  0.49  2.75%   
If you're considering investing in Biotrend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biotrend Cevre stands at 17.36, as last reported on the 24th of December, with the highest price reaching 18.05 and the lowest price hitting 17.32 during the day. Biotrend Cevre is not too volatile at the moment. Biotrend Cevre ve secures Sharpe Ratio (or Efficiency) of 0.012, which signifies that the company had a 0.012% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Biotrend Cevre ve, which you can use to evaluate the volatility of the firm. Please confirm Biotrend Cevre's Risk Adjusted Performance of 0.018, mean deviation of 1.84, and Downside Deviation of 2.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.0311%.
  
Biotrend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.012

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Estimated Market Risk

 2.59
  actual daily
23
77% of assets are more volatile

Expected Return

 0.03
  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 Biotrend Cevre 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 Biotrend Cevre by adding Biotrend Cevre to a well-diversified portfolio.

Biotrend Cevre Valuation on January 11, 2024

It is possible to determine the worth of Biotrend Cevre on a given historical date. On January 11, 2024 Biotrend was worth 18.8 at the beginning of the trading date compared to the closed value of 18.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biotrend Cevre stock. Still, in general, we apply an absolute valuation method to find Biotrend Cevre'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 Biotrend Cevre where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biotrend Cevre's related companies.
 Open High Low Close Volume
  18.33    18.75    18.25    18.75    2,854,097  
01/11/2024
  18.80    19.06    18.51    18.51    6,492,213  
  18.48    18.70    18.06    18.43    3,790,707  
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Open Value
18.8
18.51
Closing Value
26.57
Upside

Biotrend Cevre Trading Date Momentum on January 11, 2024

On January 12 2024 Biotrend Cevre ve was traded for  18.43  at the closing time. The highest price during the trading period was 18.70  and the lowest recorded bid was listed for  18.06 . The volume for the day was 3.8 M. This history from January 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.43% . The overall trading delta to the current price is 0.49% .

Biotrend Cevre ve Fundamentals Correlations and Trends

By evaluating Biotrend Cevre'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 Biotrend Cevre's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biotrend financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Biotrend Cevre Stock history

Biotrend Cevre 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 Biotrend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biotrend Cevre ve 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 Biotrend Cevre stock prices may prove useful in developing a viable investing in Biotrend Cevre
Biotrend Cevre Ve Enerji Yatirimlari Anonim Sirketi engages in the solid waste management and energy production activities in Turkey. The company was founded in 2017 and is based in Istanbul, Turkey. BIOTREND CEVRE is traded on Istanbul Stock Exchange in Turkey.

Biotrend Cevre Stock Technical Analysis

Biotrend Cevre 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.
A focus of Biotrend Cevre technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Biotrend Cevre trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Biotrend Cevre Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Biotrend Cevre ve 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.

Biotrend Cevre December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Biotrend Cevre stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biotrend Cevre shares will generate the highest return on investment. By undertsting and applying Biotrend Cevre stock market strength indicators, traders can identify Biotrend Cevre ve entry and exit signals to maximize returns

Biotrend Cevre Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Biotrend Cevre's price direction in advance. Along with the technical and fundamental analysis of Biotrend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biotrend 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.

Complementary Tools for Biotrend Stock analysis

When running Biotrend Cevre's price analysis, check to measure Biotrend Cevre'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 Biotrend Cevre is operating at the current time. Most of Biotrend Cevre's value examination focuses on studying past and present price action to predict the probability of Biotrend Cevre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotrend Cevre's price. Additionally, you may evaluate how the addition of Biotrend Cevre to your portfolios can decrease your overall portfolio volatility.
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