Turkish Airlines Stock Forecast - Period Momentum Indicator
| THYAO Stock | TRY 318.25 0.75 0.24% |
Turkish Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Turkish Airlines stock prices and determine the direction of Turkish Airlines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Turkish Airlines' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Turkish Airlines to cross-verify your projections. Turkish |
Most investors in Turkish Airlines cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Turkish Airlines' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Turkish Airlines' price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Turkish Airlines Volatility | Backtest Turkish Airlines | Information Ratio |
Turkish Airlines Trading Date Momentum
| On May 26 2024 Turkish Airlines was traded for 318.25 at the closing time. The highest price during the trading period was 320.50 and the lowest recorded bid was listed for 315.75 . There was no trading activity during the period 0.0. Lack of trading volume on May 26, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Turkish Airlines
For every potential investor in Turkish, whether a beginner or expert, Turkish Airlines' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Turkish Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Turkish. Basic forecasting techniques help filter out the noise by identifying Turkish Airlines' price trends.Turkish Airlines Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Turkish Airlines stock to make a market-neutral strategy. Peer analysis of Turkish Airlines could also be used in its relative valuation, which is a method of valuing Turkish Airlines by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Turkish Airlines Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Turkish Airlines' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Turkish Airlines' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Turkish Airlines Market Strength Events
Market strength indicators help investors to evaluate how Turkish Airlines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turkish Airlines shares will generate the highest return on investment. By undertsting and applying Turkish Airlines stock market strength indicators, traders can identify Turkish Airlines entry and exit signals to maximize returns.
Turkish Airlines Risk Indicators
The analysis of Turkish Airlines' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Turkish Airlines' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting turkish stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.91 | |||
| Downside Variance | 2.29 | |||
| Semi Variance | 1.73 | |||
| Expected Short fall | (2.01) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Turkish Airlines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Turkish Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Turkish Airlines will appreciate offsetting losses from the drop in the long position's value.Moving together with Turkish Stock
| 0.92 | TUPRS | Turkiye Petrol Rafin | PairCorr |
| 0.92 | KCHOL | Koc Holding AS | PairCorr |
| 0.88 | TTKOM | Turk Telekomunikasyon | PairCorr |
The ability to find closely correlated positions to Turkish Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turkish Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Turkish Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Turkish Airlines to buy it.
The correlation of Turkish Airlines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Turkish Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turkish Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Turkish Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Turkish Airlines to cross-verify your projections. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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