Otokar Otomotiv (Turkey) Price on September 24, 2024
| OTKAR Stock | TRY 478.75 1.25 0.26% |
If you're considering investing in Otokar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Otokar Otomotiv stands at 478.75, as last reported on the 12th of December 2024, with the highest price reaching 481.50 and the lowest price hitting 467.75 during the day. Otokar Otomotiv is very steady at the moment. Otokar Otomotiv ve maintains Sharpe Ratio (i.e., Efficiency) of 0.0459, which implies the firm had a 0.0459% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Otokar Otomotiv ve, which you can use to evaluate the volatility of the company. Please check Otokar Otomotiv's Risk Adjusted Performance of 0.0476, coefficient of variation of 1765.73, and Semi Deviation of 1.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.0987%.
Otokar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Otokar |
Sharpe Ratio = 0.0459
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| Cash | Small Risk | OTKAR | High Risk | Huge Risk |
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Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Otokar Otomotiv is performing at about 3% 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 Otokar Otomotiv by adding it to a well-diversified portfolio.
Otokar Otomotiv Valuation on September 24, 2024
It is possible to determine the worth of Otokar Otomotiv on a given historical date. On September 24, 2024 Otokar was worth 453.0 at the beginning of the trading date compared to the closed value of 463.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Otokar Otomotiv stock. Still, in general, we apply an absolute valuation method to find Otokar Otomotiv'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 Otokar Otomotiv where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Otokar Otomotiv's related companies.
| Open | High | Low | Close | Volume | |
| 457.00 | 461.75 | 451.00 | 453.00 | 158,252 | |
09/24/2024 | 453.00 | 467.50 | 451.75 | 463.00 | 434,601 |
| 463.25 | 465.00 | 448.50 | 448.50 | 315,669 |
| Backtest Otokar Otomotiv | | | Otokar Otomotiv History | | | Otokar Otomotiv Valuation | Previous | Next |
Otokar Otomotiv Trading Date Momentum on September 24, 2024
| On September 25 2024 Otokar Otomotiv ve was traded for 448.50 at the closing time. The highest price during the trading period was 465.00 and the lowest recorded bid was listed for 448.50 . The volume for the day was 315.7 K. This history from September 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.13% . The trading delta at closing time to the current price is 10.31% . |
Otokar Otomotiv ve Fundamentals Correlations and Trends
By evaluating Otokar Otomotiv'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 Otokar Otomotiv's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Otokar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Otokar Otomotiv Stock history
Otokar Otomotiv 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 Otokar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Otokar Otomotiv 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 Otokar Otomotiv stock prices may prove useful in developing a viable investing in Otokar Otomotiv
Otokar Otomotiv ve Savunma Sanayi A.S. operates in the automotive industry in Turkey. The company was founded in 1963 and is headquartered in Istanbul, Turkey. OTOKAR operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2035 people.
Otokar Otomotiv Stock Technical Analysis
Otokar Otomotiv 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
Otokar Otomotiv Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Otokar Otomotiv 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.
Otokar Otomotiv December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Otokar Otomotiv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Otokar Otomotiv shares will generate the highest return on investment. By undertsting and applying Otokar Otomotiv stock market strength indicators, traders can identify Otokar Otomotiv ve entry and exit signals to maximize returns
Otokar Otomotiv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Otokar Otomotiv's price direction in advance. Along with the technical and fundamental analysis of Otokar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Otokar 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 | 0.0476 | |||
| Jensen Alpha | 0.0901 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.0005) | |||
| Treynor Ratio | 0.5518 |
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Complementary Tools for Otokar Stock analysis
When running Otokar Otomotiv's price analysis, check to measure Otokar Otomotiv'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 Otokar Otomotiv is operating at the current time. Most of Otokar Otomotiv's value examination focuses on studying past and present price action to predict the probability of Otokar Otomotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otokar Otomotiv's price. Additionally, you may evaluate how the addition of Otokar Otomotiv to your portfolios can decrease your overall portfolio volatility.
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