Turkish Airlines (Turkey) Today
| THYAO Stock | TRY 302.50 6.25 2.11% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Turkish Airlines is trading at 302.50 as of the 19th of April 2024. This is a 2.11 percent increase since the beginning of the trading day. The stock's open price was 296.25. Turkish Airlines has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Turkish Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Trk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company was incorporated in 1933 and is headquartered in Istanbul, Turkey. TURK HAVA operates under Airlines classification in Turkey and is traded on Istanbul Stock Exchange. The company has 1.38 B outstanding shares. More on Turkish Airlines
Moving together with Turkish Stock
| 0.81 | TUPRS | Turkiye Petrol Rafin | PairCorr |
| 0.83 | KCHOL | Koc Holding AS | PairCorr |
| 0.7 | ARCLK | Arcelik AS | PairCorr |
| 0.76 | GARAN | Turkiye Garanti Bankasi | PairCorr |
| 0.67 | AKBNK | Akbank TAS | PairCorr |
| 0.76 | YKBNK | Yapi ve Kredi | PairCorr |
Follow Valuation Odds of Bankruptcy
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Turkish Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Turkish Airlines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Turkish Airlines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Bilal Eksi |
| Thematic Idea | Airlines (View all Themes) |
| Business Concentration | Airlines, Industrials, Airlines, Airlines, Industrials (View all Sectors) |
Turkish Airlines (THYAO) is traded on Istanbul Stock Exchange in Turkey and employs 38,097 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 175.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Turkish Airlines's market, we take the total number of its shares issued and multiply it by Turkish Airlines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Turkish Airlines operates under Airlines sector and is part of Industrials industry. The entity has 1.38 B outstanding shares.
Turkish Airlines has accumulated about 72.01 B in cash with 49.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 52.18.
Check Turkish Airlines Probability Of Bankruptcy
Ownership AllocationTurkish Airlines maintains a total of 1.38 Billion outstanding shares. Turkish Airlines maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Turkish Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Turkish Airlines jumping above the current price in 90 days from now is about 7.07%. The Turkish Airlines probability density function shows the probability of Turkish Airlines stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Turkish Airlines has a beta of -0.2862. This usually implies as returns on the benchmark increase, returns on holding Turkish Airlines are expected to decrease at a much lower rate. During a bear market, however, Turkish Airlines is likely to outperform the market. Additionally, turkish Airlines has an alpha of 0.2649, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Turkish Airlines to move above the current price in 90 days from now is about 7.07 (This Turkish Airlines probability density function shows the probability of Turkish Stock to fall within a particular range of prices over 90 days) .
Turkish Airlines Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Turkish Airlines market risk premium is the additional return an investor will receive from holding Turkish Airlines long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Turkish Airlines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Turkish Airlines' alpha and beta are two of the key measurements used to evaluate Turkish Airlines' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.54 | |||
| Semi Deviation | 1.43 | |||
| Standard Deviation | 2.04 | |||
| Variance | 4.15 |
Turkish Stock Against Markets
Picking the right benchmark for Turkish Airlines stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Turkish Airlines stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Turkish Airlines is critical whether you are bullish or bearish towards Turkish Airlines at a given time. Please also check how Turkish Airlines' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Turkish Airlines without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Turkish Airlines Corporate Directors
Turkish Airlines corporate directors refer to members of a Turkish Airlines board of directors. The board of directors generally takes responsibility for the Turkish Airlines' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Turkish Airlines' board members must vote for the resolution. The Turkish Airlines board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mithat Aksoy | Member of the Board of Directors | Profile | |
| Ismail Dilberoglu | Member of the Board of Directors | Profile | |
| Fatmanur Altun | Independent Member of the Board of Directors | Profile | |
| Orhan Birdal | Member of the Board of Directors | Profile |
How to buy Turkish Stock?
Before investing in Turkish Airlines, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Turkish Airlines. To buy Turkish Airlines stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Turkish Airlines. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Turkish Airlines stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Turkish Airlines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Turkish Airlines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Turkish Airlines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Turkish Airlines?
The danger of trading Turkish Airlines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Turkish Airlines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Turkish Airlines. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Turkish Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turkish Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Turkish Stock analysis
When running Turkish Airlines' price analysis, check to measure Turkish Airlines' 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 Turkish Airlines is operating at the current time. Most of Turkish Airlines' value examination focuses on studying past and present price action to predict the probability of Turkish Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkish Airlines' price. Additionally, you may evaluate how the addition of Turkish Airlines to your portfolios can decrease your overall portfolio volatility.
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