TKHVY Beta

TKHVY -  USA Stock  

USD 25.78  0.09  0.35%

Turk Hava Yallari fundamentals help investors to digest information that contributes to Turk Hava's financial success or failures. It also enables traders to predict the movement of TKHVY OTC Stock. This fundamental analysis module provides a way for investors to measures Turk Hava's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turk Hava otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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TKHVY Beta Analysis

Turk Hava's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current Turk Hava Beta

    
  1.11  
Most of Turk Hava's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turk Hava Yallari is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, Turk Hava Yallari has a Beta of 1.11. This is 18.98% lower than that of the Industrials sector and 8.82% higher than that of the Airlines industry. The beta for all United States stocks is notably lower than that of the firm.

TKHVY Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turk Hava's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Turk Hava could also be used in its relative valuation, which is a method of valuing Turk Hava by comparing valuation metrics of similar companies.
Turk Hava is currently under evaluation in beta category among related companies.
Let's try to break down what TKHVY's beta means in this case. Turk Hava returns are very sensitive to returns on the market. As the market goes up or down, Turk Hava is expected to follow.

TKHVY Fundamentals

About Turk Hava Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Turk Hava Yallari's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turk Hava using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turk Hava Yallari based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 the United States and is traded on OTC Exchange. It employs 37394 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Turk Hava without increasing your portfolio risk or giving up 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.

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Volatility Analysis

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Currently Active Assets on Macroaxis

Additionally, take a look at Turk Hava Piotroski F Score and Turk Hava Altman Z Score analysis. Note that the Turk Hava Yallari information on this page should be used as a complementary analysis to other Turk Hava's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for TKHVY OTC Stock analysis

When running Turk Hava Yallari price analysis, check to measure Turk Hava'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 Turk Hava is operating at the current time. Most of Turk Hava's value examination focuses on studying past and present price action to predict the probability of Turk Hava's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Turk Hava's price. Additionally, you may evaluate how the addition of Turk Hava to your portfolios can decrease your overall portfolio volatility.
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Is Turk Hava's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turk Hava. If investors know TKHVY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turk Hava listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Turk Hava Yallari is measured differently than its book value, which is the value of TKHVY that is recorded on the company's balance sheet. Investors also form their own opinion of Turk Hava's value that differs from its market value or its book value, called intrinsic value, which is Turk Hava's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turk Hava's market value can be influenced by many factors that don't directly affect Turk Hava's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turk Hava's value and its price as these two are different measures arrived at by different means. Investors typically determine Turk Hava value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turk Hava'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.