TKHVY OTC Stock Performance

TKHVY -  USA Stock  

USD 14.51  0.00  0.00%

The entity has a beta of -0.2093, which indicates not very significant fluctuations relative to the market. Let's try to break down what TKHVY's beta means in this case. As returns on the market increase, returns on owning Turk Hava are expected to decrease at a much lower rate. During the bear market, Turk Hava is likely to outperform the market. Even though it is essential to pay attention to Turk Hava Yallari current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Turk Hava Yallari exposes twenty-one different technical indicators, which can help you to evaluate its performance. Turk Hava Yallari has an expected return of -0.22%. Please be advised to validate Turk Hava information ratio and downside variance to decide if Turk Hava Yallari performance from the past will be repeated at some point in the near future.

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 TKHVY Performance
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Over the last 90 days Turk Hava Yallari has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in October 2021. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

TKHVY Price Channel

Quick Ratio0.45
Fifty Two Week Low11.23
Fifty Two Week High21.16

Turk Hava Relative Risk vs. Return Landscape

If you would invest  1,680  in Turk Hava Yallari on June 27, 2021 and sell it today you would lose (229.00)  from holding Turk Hava Yallari or give up 13.63% of portfolio value over 90 days. Turk Hava Yallari is currently producing negative expected returns and takes up 2.5087% volatility of returns over 90 trading days. Put another way, 21% of traded otc stocks are less volatile than TKHVY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Turk Hava is expected to under-perform the market. In addition to that, the company is 3.5 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

Turk Hava Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Turk Hava's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Turk Hava Yallari, and traders can use it to determine the average amount a Turk Hava's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0864

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Negative ReturnsTKHVY
Estimated Market Risk
 2.51
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 -0.22
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 0 %
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Risk-Adjusted Return
 -0.09
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 0 %
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Based on monthly moving average Turk Hava is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Turk Hava by adding it to a well-diversified portfolio.

About Turk Hava Performance

To evaluate Turk Hava Yallari OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Turk Hava generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare TKHVY OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Turk Hava Yallari stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents TKHVY's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Trk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company was founded 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 37657 people.

Things to note about Turk Hava Yallari

Checking the ongoing alerts about Turk Hava for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Turk Hava Yallari help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Turk Hava Alerts

Equity Alerts and Improvement Suggestions

Turk Hava Yallari generates negative expected return over the last 90 days
Turk Hava Yallari has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 16.39 B in total debt with debt to equity ratio (D/E) of 2.79, implying the company greatly relies on financing operations through barrowing. Turk Hava Yallari has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Additionally, take a look at World Market Map. 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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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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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 Yallari underlying business (such as 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.