Tofas Turk (Turkey) Technical Analysis
| TOASO Stock | TRY 270.25 0.50 0.19% |
As of the 26th of April, Tofas Turk has the Semi Deviation of 1.58, risk adjusted performance of 0.1334, and Coefficient Of Variation of 492.49. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tofas Turk Otomobil, 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 break down and interpolate data for nineteen technical drivers for Tofas Turk Otomobil, which can be compared to its competition. Please validate Tofas Turk Otomobil downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Tofas Turk is priced more or less accurately, providing market reflects its prevalent price of 270.25 per share.
Tofas Turk Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tofas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TofasTofas |
Tofas 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.
Tofas Turk Otomobil Technical Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. 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 Tofas Turk Otomobil volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tofas Turk Otomobil Trend Analysis
Use this graph to draw trend lines for Tofas Turk Otomobil. You can use it to identify possible trend reversals for Tofas Turk 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 Tofas Turk price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tofas Turk Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tofas Turk Otomobil applied against its price change over selected period. The best fit line has a slop of 0.59 , which means Tofas Turk Otomobil will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13311.01, which is the sum of squared deviations for the predicted Tofas Turk price change compared to its average price change.About Tofas Turk 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 Tofas Turk Otomobil 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 Tofas Turk Otomobil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tofas Turk Otomobil price pattern first instead of the macroeconomic environment surrounding Tofas Turk Otomobil. By analyzing Tofas Turk'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 Tofas Turk'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 Tofas Turk specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tofas Turk April 26, 2024 Technical Indicators
Most technical analysis of Tofas 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 Tofas from various momentum indicators to cycle indicators. When you analyze Tofas 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 | 0.1334 | |||
| Market Risk Adjusted Performance | (1.32) | |||
| Mean Deviation | 1.45 | |||
| Semi Deviation | 1.58 | |||
| Downside Deviation | 1.93 | |||
| Coefficient Of Variation | 492.49 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.53 | |||
| Information Ratio | 0.1556 | |||
| Jensen Alpha | 0.3935 | |||
| Total Risk Alpha | 0.1329 | |||
| Sortino Ratio | 0.1512 | |||
| Treynor Ratio | (1.33) | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.04 | |||
| Downside Variance | 3.74 | |||
| Semi Variance | 2.48 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 0.0067 | |||
| Kurtosis | 0.7094 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tofas Turk Otomobil. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Tofas Stock analysis
When running Tofas Turk's price analysis, check to measure Tofas 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 Tofas Turk is operating at the current time. Most of Tofas Turk's value examination focuses on studying past and present price action to predict the probability of Tofas 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 Tofas Turk's price. Additionally, you may evaluate how the addition of Tofas Turk to your portfolios can decrease your overall portfolio volatility.
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