Alarko Carrier (Turkey) Technical Analysis

ALCAR Stock  TRY 1,450  32.00  2.16%   
As of the 16th of April 2024, Alarko Carrier shows the mean deviation of 2.84, and Risk Adjusted Performance of 0.0928. Alarko Carrier Sanayi technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Alarko Carrier Sanayi, which can be compared to its peers. Please confirm Alarko Carrier Sanayi information ratio, and the relationship between the downside deviation and value at risk to decide if Alarko Carrier Sanayi is priced correctly, providing market reflects its regular price of 1450.0 per share.

Alarko Carrier Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alarko, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alarko
  
Alarko Carrier'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.
Alarko Carrier technical stock 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, stock market cycles, or different charting patterns.
A focus of Alarko Carrier technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alarko Carrier 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...

Alarko Carrier Sanayi Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Alarko Carrier Sanayi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alarko Carrier Sanayi Trend Analysis

Use this graph to draw trend lines for Alarko Carrier Sanayi. You can use it to identify possible trend reversals for Alarko Carrier 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 Alarko Carrier price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alarko Carrier Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alarko Carrier Sanayi applied against its price change over selected period. The best fit line has a slop of   8.85  , which means Alarko Carrier Sanayi will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2965432.35, which is the sum of squared deviations for the predicted Alarko Carrier price change compared to its average price change.

About Alarko Carrier 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 Alarko Carrier Sanayi 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 Alarko Carrier Sanayi based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alarko Carrier Sanayi price pattern first instead of the macroeconomic environment surrounding Alarko Carrier Sanayi. By analyzing Alarko Carrier'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 Alarko Carrier'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 Alarko Carrier specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alarko Carrier April 16, 2024 Technical Indicators

Most technical analysis of Alarko 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 Alarko from various momentum indicators to cycle indicators. When you analyze Alarko 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alarko Carrier Sanayi. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Alarko Stock analysis

When running Alarko Carrier's price analysis, check to measure Alarko Carrier'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 Alarko Carrier is operating at the current time. Most of Alarko Carrier's value examination focuses on studying past and present price action to predict the probability of Alarko Carrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarko Carrier's price. Additionally, you may evaluate how the addition of Alarko Carrier to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Alarko Carrier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alarko Carrier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alarko Carrier'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.