Tekfen Holding (Turkey) Price on September 30, 2024
| TKFEN Stock | TRY 75.65 0.90 1.18% |
If you're considering investing in Tekfen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tekfen Holding stands at 75.65, as last reported on the 13th of December 2024, with the highest price reaching 77.35 and the lowest price hitting 75.65 during the day. Tekfen Holding appears to be very steady, given 3 months investment horizon. Tekfen Holding AS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Tekfen Holding's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Tekfen Holding's Semi Deviation of 2.21, risk adjusted performance of 0.1595, and Coefficient Of Variation of 478.28 to confirm if our risk estimates are consistent with your expectations.
Tekfen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tekfen |
Sharpe Ratio = 0.1824
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Estimated Market Risk
| 3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Tekfen Holding is performing at about 14% 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 Tekfen Holding by adding it to a well-diversified portfolio.
Tekfen Holding Valuation on September 30, 2024
It is possible to determine the worth of Tekfen Holding on a given historical date. On September 30, 2024 Tekfen was worth 54.8 at the beginning of the trading date compared to the closed value of 52.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tekfen Holding stock. Still, in general, we apply an absolute valuation method to find Tekfen Holding'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 Tekfen Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tekfen Holding's related companies.
| Open | High | Low | Close | Volume | |
| 57.50 | 57.70 | 53.85 | 54.85 | 7,303,256 | |
09/30/2024 | 54.80 | 55.10 | 51.00 | 52.00 | 6,305,055 |
| 52.00 | 52.20 | 49.18 | 49.52 | 6,745,084 |
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Tekfen Holding Trading Date Momentum on September 30, 2024
| On October 01 2024 Tekfen Holding AS was traded for 49.52 at the closing time. The highest price during the trading period was 52.20 and the lowest recorded bid was listed for 49.18 . The volume for the day was 6.7 M. This history from October 1, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 4.77% . The trading price change to the current price is 1.15% . |
Tekfen Holding AS Fundamentals Correlations and Trends
By evaluating Tekfen Holding'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 Tekfen Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tekfen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tekfen Holding Stock history
Tekfen Holding 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 Tekfen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tekfen Holding AS 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 Tekfen Holding stock prices may prove useful in developing a viable investing in Tekfen Holding
Tekfen Holding Anonim Sirketi, together with its subsidiaries, engages in contracting, agriculture, real estate, and other businesses in Turkey, CIS countries, Northern Africa, the Middle Eastern countries, and internationally. Tekfen Holding Anonim Sirketi was founded in 1956 and is based in Istanbul, Turkey. TEKFEN HOLDING operates under Agricultural Inputs classification in Turkey and is traded on Istanbul Stock Exchange. It employs 16885 people.
Tekfen Holding Stock Technical Analysis
Tekfen Holding 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
Tekfen Holding Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Tekfen Holding AS 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.
Tekfen Holding December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tekfen Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tekfen Holding shares will generate the highest return on investment. By undertsting and applying Tekfen Holding stock market strength indicators, traders can identify Tekfen Holding AS entry and exit signals to maximize returns
Tekfen Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tekfen Holding's price direction in advance. Along with the technical and fundamental analysis of Tekfen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tekfen 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 | 0.1595 | |||
| Jensen Alpha | 0.5936 | |||
| Total Risk Alpha | 0.2 | |||
| Sortino Ratio | 0.1839 | |||
| Treynor Ratio | 1.93 |
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Complementary Tools for Tekfen Stock analysis
When running Tekfen Holding's price analysis, check to measure Tekfen Holding'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 Tekfen Holding is operating at the current time. Most of Tekfen Holding's value examination focuses on studying past and present price action to predict the probability of Tekfen Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tekfen Holding's price. Additionally, you may evaluate how the addition of Tekfen Holding to your portfolios can decrease your overall portfolio volatility.
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