TKHVY OTC Stock Performance

TKHVY -  USA Stock  

USD 25.78  0.09  0.35%

On a scale of 0 to 100, Turk Hava holds a performance score of 7. The entity has a beta of 0.8778, which indicates possible diversification benefits within a given portfolio. 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. Although it is vital to follow Turk Hava Yallari current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Turk Hava Yallari technical indicators, you can presently evaluate if the expected return of 0.41% will be sustainable into the future. Please operates Turk Hava information ratio and downside variance to make a quick decision on whether Turk Hava Yallari existing price patterns will revert.
  
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TKHVY Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Turk Hava Yallari are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Turk Hava showed solid returns over the last few months and may actually be approaching a breakup point. ...more

TKHVY Price Channel

Quick Ratio0.56
Fifty Two Week Low12.06
Fifty Two Week High30.62

Turk Hava Relative Risk vs. Return Landscape

If you would invest  2,075  in Turk Hava Yallari on February 20, 2022 and sell it today you would earn a total of  503.00  from holding Turk Hava Yallari or generate 24.24% return on investment over 90 days. Turk Hava Yallari is currently producing 0.4076% returns and takes up 3.7629% volatility of returns over 90 trading days. Put another way, 32% of traded otc stocks are less volatile than TKHVY, and 93% 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 generate 2.81 times more return on investment than the market. However, the company is 2.81 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

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 = 0.1083

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Estimated Market Risk
 3.76
  actual daily
 
 32 %
of total potential
 
3232
Expected Return
 0.41
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.11
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 7 %
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77
Based on monthly moving average Turk Hava is performing at about 7% 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 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.

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 has very high historical volatility over the last 90 days
The company has accumulated 16.39 B in total debt with debt to equity ratio (D/E) of 2.2, implying the company greatly relies on financing operations through barrowing. Turk Hava Yallari has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Turk Hava until it has trouble settling it off, either with new capital or with free cash flow. So, Turk Hava's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Turk Hava Yallari sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TKHVY to invest in growth at high rates of return. When we think about Turk Hava's use of debt, we should always consider it together with cash and equity.
Latest headline from www.marketscreener.com: Nigerian Student Buys Fake Turkish Airlines Ticket From Abuja Airport - Marketscreener.com
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.