Turk Hava Yollari Stock Technical Analysis

TKHVY Stock  USD 89.97  5.10  6.01%   
As of the 19th of April, Turk Hava has the Variance of 3.12, coefficient of variation of 3099.15, and Risk Adjusted Performance of 0.0264. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Turk Hava Yollari, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for twelve technical drivers for Turk Hava Yollari, which can be compared to its competition. Please validate Turk Hava Yollari risk adjusted performance and total risk alpha to decide if Turk Hava is priced more or less accurately, providing market reflects its prevalent price of 89.97 per share. Given that Turk Hava Yollari has total risk alpha of (0.12), we advise you to double-check Turk Hava Yollari's current market performance to make sure the company can sustain itself at a future point.

Turk Hava Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Turk, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Turk
  
Turk Hava's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Turk Hava technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Turk Hava technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Turk Hava trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Turk Hava Yollari Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Turk Hava Yollari volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Turk Hava Yollari Trend Analysis

Use this graph to draw trend lines for Turk Hava Yollari. You can use it to identify possible trend reversals for Turk Hava as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Turk Hava price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Turk Hava Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Turk Hava Yollari applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Turk Hava Yollari market price will keep on failing further. It has 122 observation points and a regression sum of squares at 384.04, which is the sum of squared deviations for the predicted Turk Hava price change compared to its average price change.

About Turk Hava Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Turk Hava Yollari on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Turk Hava Yollari based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Turk Hava Yollari price pattern first instead of the macroeconomic environment surrounding Turk Hava Yollari. By analyzing Turk Hava's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Turk Hava's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Turk Hava specific price patterns or momentum indicators. Please read more on our technical analysis page.

Turk Hava April 19, 2024 Technical Indicators

Most technical analysis of Turk help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Turk from various momentum indicators to cycle indicators. When you analyze Turk charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turk Hava Yollari. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Turk Pink Sheet analysis

When running Turk Hava's 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 the 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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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 if Turk Hava is a good investment 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.