SASA Polyester (Turkey) Price on December 11, 2024
| SASA Stock | TRY 4.32 0.05 1.17% |
If you're considering investing in SASA Stock, it is important to understand the factors that can impact its price. As of today, the current price of SASA Polyester stands at 4.32, as last reported on the 14th of December 2024, with the highest price reaching 4.33 and the lowest price hitting 4.23 during the day. Currently, SASA Polyester Sanayi is slightly risky. SASA Polyester Sanayi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0224, which indicates the company had a 0.0224% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SASA Polyester Sanayi, which you can use to evaluate the volatility of the entity. Please validate SASA Polyester's Downside Deviation of 2.56, market risk adjusted performance of 0.1401, and Risk Adjusted Performance of 0.0352 to confirm if the risk estimate we provide is consistent with the expected return of 0.0506%.
SASA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SASA |
Sharpe Ratio = 0.0224
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SASA Polyester 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 SASA Polyester by adding it to a well-diversified portfolio.
SASA Polyester Valuation on December 11, 2024
It is possible to determine the worth of SASA Polyester on a given historical date. On December 11, 2024 SASA was worth 4.33 at the beginning of the trading date compared to the closed value of 4.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SASA Polyester stock. Still, in general, we apply an absolute valuation method to find SASA Polyester'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 SASA Polyester where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SASA Polyester's related companies.
| Open | High | Low | Close | Volume | |
| 4.43 | 4.48 | 4.31 | 4.32 | 431,815,187 | |
12/11/2024 | 4.33 | 4.35 | 4.23 | 4.24 | 435,137,959 |
| 4.27 | 4.34 | 4.24 | 4.27 | 291,434,634 |
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SASA Polyester Trading Date Momentum on December 11, 2024
| On December 12 2024 SASA Polyester Sanayi was traded for 4.27 at the closing time. The highest price during the trading period was 4.34 and the lowest recorded bid was listed for 4.24 . The volume for the day was 291.4 M. This history from December 12, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.71% . The trading price change to the current price is 0.24% . |
SASA Polyester Sanayi Fundamentals Correlations and Trends
By evaluating SASA Polyester'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 SASA Polyester's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SASA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SASA Polyester Stock history
SASA Polyester 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 SASA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SASA Polyester 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 SASA Polyester stock prices may prove useful in developing a viable investing in SASA Polyester
Sasa Polyester Sanayi A.S. produces and sells polyester fibers, yarns, and chips in Turkey and internationally. Sasa Polyester Sanayi A.S. is a subsidiary of Erdemoglu Holding A.S. SASA POLYESTER operates under Textile Manufacturing classification in Turkey and is traded on Istanbul Stock Exchange. It employs 4248 people.
SASA Polyester Stock Technical Analysis
SASA Polyester 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
SASA Polyester Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
SASA Polyester 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.
SASA Polyester December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how SASA Polyester stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SASA Polyester shares will generate the highest return on investment. By undertsting and applying SASA Polyester stock market strength indicators, traders can identify SASA Polyester Sanayi entry and exit signals to maximize returns
SASA Polyester Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SASA Polyester's price direction in advance. Along with the technical and fundamental analysis of SASA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SASA 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 | 0.0352 | |||
| Jensen Alpha | 0.0251 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1301 |
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Additional Tools for SASA Stock Analysis
When running SASA Polyester's price analysis, check to measure SASA Polyester'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 SASA Polyester is operating at the current time. Most of SASA Polyester's value examination focuses on studying past and present price action to predict the probability of SASA Polyester's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SASA Polyester's price. Additionally, you may evaluate how the addition of SASA Polyester to your portfolios can decrease your overall portfolio volatility.