Nuh Cimento (Turkey) Price on June 20, 2023

NUHCM Stock  TRY 297.50  4.00  1.33%   
If you're considering investing in Nuh Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuh Cimento stands at 297.50, as last reported on the 22nd of December, with the highest price reaching 301.75 and the lowest price hitting 296.75 during the day. Nuh Cimento is very steady at the moment. Nuh Cimento Sanayi has Sharpe Ratio of 0.0593, which conveys that the firm had a 0.0593% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nuh Cimento, which you can use to evaluate the volatility of the firm. Please verify Nuh Cimento's Downside Deviation of 2.31, mean deviation of 2.08, and Risk Adjusted Performance of 0.0657 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Nuh Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0593

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsNUHCM
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Nuh Cimento is performing at about 4% 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 Nuh Cimento by adding it to a well-diversified portfolio.

Nuh Cimento Valuation on June 20, 2023

It is possible to determine the worth of Nuh Cimento on a given historical date. On June 20, 2023 Nuh was worth 120.26 at the beginning of the trading date compared to the closed value of 124.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuh Cimento stock. Still, in general, we apply an absolute valuation method to find Nuh 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 Nuh Cimento where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuh Cimento's related companies.
 Open High Low Close Volume
  127.80    127.80    119.77    119.87    280,323  
06/20/2023
  120.26    124.86    117.91    124.86    197,812  
  125.94    126.04    120.85    121.04    196,760  
Backtest Nuh Cimento  |  Nuh Cimento History  |  Nuh Cimento Valuation   PreviousNext  
Open Value
120.26
112.35
Downside
124.86
Closing Value
128.17
Upside

Nuh Cimento Trading Date Momentum on June 20, 2023

On June 21 2023 Nuh Cimento Sanayi was traded for  121.04  at the closing time. The highest price during the trading period was 126.04  and the lowest recorded bid was listed for  120.85 . The volume for the day was 196.8 K. This history from June 21, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.06% . The trading delta at closing time to the current price is 5.97% .

Nuh Cimento Sanayi Fundamentals Correlations and Trends

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

About Nuh Cimento Stock history

Nuh 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 Nuh is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuh 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 Nuh Cimento stock prices may prove useful in developing a viable investing in Nuh Cimento
Nuh imento Sanayi A.S. produces, sells, and exports cement and clinker in Turkey and internationally. Nuh imento Sanayi A.S. was founded in 1966 and is headquartered in Istanbul, Turkey. NUH CIMENTO is traded on Istanbul Stock Exchange in Turkey.

Nuh Cimento Stock Technical Analysis

Nuh 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.
A focus of Nuh Cimento technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nuh Cimento 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

Nuh Cimento Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nuh 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.

Nuh Cimento December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Nuh 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 Nuh Cimento shares will generate the highest return on investment. By undertsting and applying Nuh Cimento stock market strength indicators, traders can identify Nuh Cimento Sanayi entry and exit signals to maximize returns

Nuh Cimento Technical and Predictive Indicators

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

When running Nuh Cimento's price analysis, check to measure Nuh 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 Nuh Cimento is operating at the current time. Most of Nuh Cimento's value examination focuses on studying past and present price action to predict the probability of Nuh 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 Nuh Cimento's price. Additionally, you may evaluate how the addition of Nuh Cimento to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like