Albaraka Turk (Turkey) Price on December 29, 2023
| ALBRK Stock | TRY 5.30 0.10 1.92% |
If you're considering investing in Albaraka Stock, it is important to understand the factors that can impact its price. As of today, the current price of Albaraka Turk stands at 5.30, as last reported on the 17th of May 2024, with the highest price reaching 5.37 and the lowest price hitting 5.20 during the day. Albaraka Turk appears to be slightly risky, given 3 months investment horizon. Albaraka Turk Katilim secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Albaraka Turk Katilim, which you can use to evaluate the volatility of the firm. Please makes use of Albaraka Turk's mean deviation of 1.97, and Risk Adjusted Performance of 0.0605 to double-check if our risk estimates are consistent with your expectations.
Albaraka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Albaraka |
Sharpe Ratio = 0.1036
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Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Albaraka Turk is performing at about 8% 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 Albaraka Turk by adding it to a well-diversified portfolio.
Albaraka Turk Valuation on December 29, 2023
It is possible to determine the worth of Albaraka Turk on a given historical date. On December 29, 2023 Albaraka was worth 3.73 at the beginning of the trading date compared to the closed value of 3.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albaraka Turk stock. Still, in general, we apply an absolute valuation method to find Albaraka Turk'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 Albaraka Turk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albaraka Turk's related companies.
| Open | High | Low | Close | Volume | |
| 3.71 | 3.74 | 3.69 | 3.72 | 11,483,024 | |
12/29/2023 | 3.73 | 3.82 | 3.67 | 3.82 | 28,737,699 |
| 3.82 | 3.85 | 3.80 | 3.84 | 18,266,773 |
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Albaraka Turk Trading Date Momentum on December 29, 2023
| On January 02 2024 Albaraka Turk Katilim was traded for 3.84 at the closing time. The highest price during the trading period was 3.85 and the lowest recorded bid was listed for 3.80 . The volume for the day was 18.3 M. This history from January 2, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.52% . The overall trading delta to the current price is 0.00% . |
Albaraka Turk Katilim Fundamentals Correlations and Trends
By evaluating Albaraka Turk'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 Albaraka Turk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Albaraka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Albaraka Turk Stock history
Albaraka Turk 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 Albaraka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Albaraka Turk Katilim 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 Albaraka Turk stock prices may prove useful in developing a viable investing in Albaraka Turk
Albaraka Trk Katilim Bankasi A.S. provides various banking products and services. The company was incorporated in 1984 and is headquartered in mraniye, Turkey. ALBARAKA TURK operates under BanksRegional classification in Turkey and is traded on Istanbul Stock Exchange. It employs 3344 people.
Albaraka Turk Stock Technical Analysis
Albaraka Turk 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
Albaraka Turk Period Price Range
Low | December 29, 2023
| High |
3.73 | 3.82 |
Albaraka Turk May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Albaraka Turk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Albaraka Turk shares will generate the highest return on investment. By undertsting and applying Albaraka Turk stock market strength indicators, traders can identify Albaraka Turk Katilim entry and exit signals to maximize returns
Albaraka Turk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Albaraka Turk's price direction in advance. Along with the technical and fundamental analysis of Albaraka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Albaraka 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 | 0.0605 | |||
| Jensen Alpha | 0.3324 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0531 | |||
| Treynor Ratio | (0.20) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albaraka Turk Katilim. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Albaraka Stock analysis
When running Albaraka Turk's price analysis, check to measure Albaraka Turk'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 Albaraka Turk is operating at the current time. Most of Albaraka Turk's value examination focuses on studying past and present price action to predict the probability of Albaraka Turk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albaraka Turk's price. Additionally, you may evaluate how the addition of Albaraka Turk to your portfolios can decrease your overall portfolio volatility.
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