Tumosan (Turkey) Technical Analysis

TMSN Stock  TRY 184.40  2.40  1.32%   
As of the 24th of April, Tumosan has the Semi Deviation of 3.43, risk adjusted performance of 0.1628, and Coefficient Of Variation of 399.75. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tumosan Motor ve, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Tumosan Motor ve, which can be compared to its competition. Please validate Tumosan Motor ve jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Tumosan is priced more or less accurately, providing market reflects its prevalent price of 184.4 per share.

Tumosan Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tumosan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tumosan
  
Tumosan's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Tumosan 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.
A focus of Tumosan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tumosan trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Tumosan Motor ve Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Tumosan Motor ve volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tumosan Motor ve Trend Analysis

Use this graph to draw trend lines for Tumosan Motor ve. You can use it to identify possible trend reversals for Tumosan 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 Tumosan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Tumosan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tumosan Motor ve applied against its price change over selected period. The best fit line has a slop of   1.38  , which means Tumosan Motor ve will continue generating value for investors. It has 122 observation points and a regression sum of squares at 72385.59, which is the sum of squared deviations for the predicted Tumosan price change compared to its average price change.

About Tumosan 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 Tumosan Motor ve 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 Tumosan Motor ve based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tumosan Motor ve price pattern first instead of the macroeconomic environment surrounding Tumosan Motor ve. By analyzing Tumosan'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 Tumosan'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 Tumosan specific price patterns or momentum indicators. Please read more on our technical analysis page.

Tumosan April 24, 2024 Technical Indicators

Most technical analysis of Tumosan 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 Tumosan from various momentum indicators to cycle indicators. When you analyze Tumosan 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tumosan Motor ve. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Tumosan Stock analysis

When running Tumosan's price analysis, check to measure Tumosan'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 Tumosan is operating at the current time. Most of Tumosan's value examination focuses on studying past and present price action to predict the probability of Tumosan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tumosan's price. Additionally, you may evaluate how the addition of Tumosan to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tumosan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tumosan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tumosan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.