ICBC Turkey (Turkey) Today
| ICBCT Stock | TRY 16.07 0.05 0.31% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ICBC Turkey is trading at 16.07 as of the 19th of April 2024. This is a -0.31 percent decrease since the beginning of the trading day. The stock's open price was 16.12. ICBC Turkey has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ICBC Turkey Bank 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.
ICBC Turkey Bank A.S., together with its subsidiaries, provides various banking products and services in Turkey. ICBC Turkey Bank A.S. operates as a subsidiary of Industrial and Commercial Bank of China Limited. ICBC TURKEY operates under BanksRegional classification in Turkey and is traded on Istanbul Stock Exchange. The company has 860 M outstanding shares. More on ICBC Turkey Bank
Moving together with ICBC Stock
| 0.64 | ENKAI | ENKA Insaat ve | PairCorr |
| 0.76 | SISE | Turkiye Sise ve | PairCorr |
Moving against ICBC Stock
| 0.57 | KCHOL | Koc Holding AS | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
ICBC 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. ICBC Turkey's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ICBC Turkey or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Selcuk Icten |
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
ICBC Turkey Bank (ICBCT) is traded on Istanbul Stock Exchange in Turkey and employs 839 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICBC Turkey's market, we take the total number of its shares issued and multiply it by ICBC Turkey'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. ICBC Turkey Bank operates under Banks sector and is part of Financials industry. The entity has 860 M outstanding shares.
ICBC Turkey Bank has accumulated about 5.08 B in cash with (3.71 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91.
Check ICBC Turkey Probability Of Bankruptcy
Ownership AllocationICBC Turkey Bank secures a total of 860 Million outstanding shares. The majority of ICBC Turkey Bank outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in ICBC Turkey Bank to benefit from reduced commissions. Therefore, outside corporations are subject to a different set of regulations than regular investors in ICBC Turkey Bank. Please pay attention to any change in the institutional holdings of ICBC Turkey as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check ICBC Ownership Details
ICBC Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of ICBC Turkey jumping above the current price in 90 days from now is about 64.42%. The ICBC Turkey Bank probability density function shows the probability of ICBC Turkey stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ICBC Turkey Bank has a beta of -0.2581. This usually indicates as returns on the benchmark increase, returns on holding ICBC Turkey are expected to decrease at a much lower rate. During a bear market, however, ICBC Turkey Bank is likely to outperform the market. Additionally, iCBC Turkey Bank has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of ICBC Turkey to move above the current price in 90 days from now is about 64.42 (This ICBC Turkey Bank probability density function shows the probability of ICBC Stock to fall within a particular range of prices over 90 days) .
ICBC Turkey Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ICBC Turkey market risk premium is the additional return an investor will receive from holding ICBC Turkey 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 ICBC Turkey. 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 ICBC Turkey's alpha and beta are two of the key measurements used to evaluate ICBC Turkey's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.05 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.06 | |||
| Risk Adjusted Performance | (0.02) |
ICBC Stock Against Markets
Picking the right benchmark for ICBC Turkey 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 ICBC Turkey 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 ICBC Turkey is critical whether you are bullish or bearish towards ICBC Turkey Bank at a given time. Please also check how ICBC Turkey's 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 ICBC Turkey 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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| All Next | Launch Module |
ICBC Turkey Corporate Management
Elected by the shareholders, the ICBC Turkey's board of directors comprises two types of representatives: ICBC Turkey inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ICBC. The board's role is to monitor ICBC Turkey's management team and ensure that shareholders' interests are well served. ICBC Turkey's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ICBC Turkey's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Basbug Samancioglu | Vice General Manager - Corporate and Commercial Banking Group | Profile | |
| Zheng Jianfeng | Member of the Board | Profile | |
| Ayperi Uras | Vice General Manager - Information Technologies and Operations | Profile | |
| Liu Wenbin | MangHead Department | Profile | |
| D Dover | Vice General Manager - Foreign Relations Group | Profile | |
| Wang Qiang | Member of the Board | Profile | |
| Grdogan Yurtsever | Managing Department | Profile |
How to buy ICBC Stock?
Before investing in ICBC Turkey, 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 ICBC Turkey. To buy ICBC Turkey stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ICBC Turkey. 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 ICBC Turkey stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ICBC Turkey Bank 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 ICBC Turkey Bank 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 ICBC Turkey Bank, 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 ICBC Turkey Bank?
The danger of trading ICBC Turkey Bank 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 ICBC Turkey 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 ICBC Turkey. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ICBC Turkey Bank 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICBC Turkey Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for ICBC Stock analysis
When running ICBC Turkey's price analysis, check to measure ICBC Turkey'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 ICBC Turkey is operating at the current time. Most of ICBC Turkey's value examination focuses on studying past and present price action to predict the probability of ICBC Turkey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICBC Turkey's price. Additionally, you may evaluate how the addition of ICBC Turkey to your portfolios can decrease your overall portfolio volatility.
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