Turcas Petrol (Turkey) Technical Analysis
| TRCAS Stock | TRY 26.40 0.58 2.15% |
As of the 22nd of December, Turcas Petrol has the Risk Adjusted Performance of 0.0836, coefficient of variation of 1027.59, and Semi Deviation of 1.89. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Turcas Petrol AS, as well as the relationship between them.
Turcas Petrol Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Turcas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TurcasTurcas |
Turcas Petrol 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.
Turcas Petrol AS Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Turcas Petrol AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Turcas Petrol AS Trend Analysis
Use this graph to draw trend lines for Turcas Petrol AS. You can use it to identify possible trend reversals for Turcas Petrol as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Turcas Petrol price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Turcas Petrol Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Turcas Petrol AS applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Turcas Petrol AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 199.48, which is the sum of squared deviations for the predicted Turcas Petrol price change compared to its average price change.About Turcas Petrol Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Turcas Petrol AS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Turcas Petrol AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Turcas Petrol AS price pattern first instead of the macroeconomic environment surrounding Turcas Petrol AS. By analyzing Turcas Petrol's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Turcas Petrol's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Turcas Petrol specific price patterns or momentum indicators. Please read more on our technical analysis page.
Turcas Petrol December 22, 2024 Technical Indicators
Most technical analysis of Turcas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Turcas from various momentum indicators to cycle indicators. When you analyze Turcas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0836 | |||
| Market Risk Adjusted Performance | (0.70) | |||
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.07 | |||
| Coefficient Of Variation | 1027.59 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.09 | |||
| Information Ratio | 0.0831 | |||
| Jensen Alpha | 0.2161 | |||
| Total Risk Alpha | 0.1464 | |||
| Sortino Ratio | 0.0905 | |||
| Treynor Ratio | (0.71) | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.65 | |||
| Downside Variance | 4.29 | |||
| Semi Variance | 3.58 | |||
| Expected Short fall | (1.92) | |||
| Skewness | 0.2433 | |||
| Kurtosis | 0.761 |
Complementary Tools for Turcas Stock analysis
When running Turcas Petrol's price analysis, check to measure Turcas Petrol'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 Turcas Petrol is operating at the current time. Most of Turcas Petrol's value examination focuses on studying past and present price action to predict the probability of Turcas Petrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turcas Petrol's price. Additionally, you may evaluate how the addition of Turcas Petrol to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |