Desa Deri (Turkey) Today

DESA Stock  TRY 23.04  0.72  3.03%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Desa Deri is selling for under 23.04 as of the 28th of March 2024; that is -3.03 percent decrease since the beginning of the trading day. The stock's lowest day price was 22.56. Desa Deri has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Desa Deri Sanayi are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Desa Deri Sanayi ve Ticaret A.S. manufactures, imports, and export, and sells leather and leather products primarily in Turkey. Desa Deri Sanayi ve Ticaret A.S. is a subsidiary of elet Holding A.S. DESA DERI operates under Footwear Accessories classification in Turkey and is traded on Istanbul Stock Exchange. The company has 49.22 M outstanding shares. More on Desa Deri Sanayi

Moving together with Desa Stock

  0.73SNKRN Senkron GuvenlikPairCorr
  0.78PAMEL Pamel YenilenebilirPairCorr
  0.84PKENT Petrokent TurizmPairCorr
  0.78BFREN Bosch Fren Sistemleri SplitPairCorr
  0.87BURVA Burcelik Vana SanayiPairCorr

Moving against Desa Stock

  0.43VKFYO Vakif Menkul KiymetPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Desa Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Desa Deri's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Desa Deri or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanMelih Celet
Business ConcentrationConsumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors)
Desa Deri Sanayi (DESA) is traded on Istanbul Stock Exchange in Turkey and employs 1,677 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Desa Deri's market, we take the total number of its shares issued and multiply it by Desa Deri's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Desa Deri Sanayi operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 49.22 M outstanding shares. Desa Deri Sanayi has accumulated about 92.89 M in cash with 98.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Check Desa Deri Probability Of Bankruptcy
Ownership Allocation
Desa Deri holds a total of 49.22 Million outstanding shares. Desa Deri Sanayi shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 82.23 percent of Desa Deri Sanayi outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Desa Ownership Details

Desa Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Desa Deri jumping above the current price in 90 days from now is about 30.25%. The Desa Deri Sanayi probability density function shows the probability of Desa Deri stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Desa Deri has a beta of 0.944 suggesting Desa Deri Sanayi market returns are related to returns on the market. As the market goes up or down, Desa Deri is expected to follow. Additionally, desa Deri Sanayi has an alpha of 0.3932, implying that it can generate a 0.39 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 23.04HorizonTargetOdds Above 23.04
69.62%90 days
 23.04 
30.25%
Based on a normal probability distribution, the odds of Desa Deri to move above the current price in 90 days from now is about 30.25 (This Desa Deri Sanayi probability density function shows the probability of Desa Stock to fall within a particular range of prices over 90 days) .

Desa Deri Sanayi Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Desa Deri market risk premium is the additional return an investor will receive from holding Desa Deri long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Desa Deri. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Desa Deri's alpha and beta are two of the key measurements used to evaluate Desa Deri's performance over the market, the standard measures of volatility play an important role as well.

Desa Stock Against Markets

Picking the right benchmark for Desa Deri stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Desa Deri stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Desa Deri is critical whether you are bullish or bearish towards Desa Deri Sanayi at a given time. Please also check how Desa Deri's historical prices are related to one of the top price index indicators.

Be your own money manager

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

Did you try this?

Run Price Ceiling Movement Now

   

Price Ceiling Movement

Calculate and plot Price Ceiling Movement for different equity instruments
All  Next Launch Module

Desa Deri Corporate Management

Elected by the shareholders, the Desa Deri's board of directors comprises two types of representatives: Desa Deri inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Desa. The board's role is to monitor Desa Deri's management team and ensure that shareholders' interests are well served. Desa Deri's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Desa Deri's outside directors are responsible for providing unbiased perspectives on the board's policies.
Osman TavtayIndependent Member of the BoardProfile
Burcak CeletMember of the BoardProfile
Burak CeletGeneral Manager, Member of the BoardProfile
Mehmet KozIndependent Member of the BoardProfile
Hilmi SrekEx MarketingProfile
Pinar KayaInvestor Relations Manager and Member of Corporate Governance CommitteeProfile

How to buy Desa Stock?

Before investing in Desa Deri, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Desa Deri. To buy Desa Deri stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Desa Deri. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Desa Deri stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Desa Deri Sanayi stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Desa Deri Sanayi stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Desa Deri Sanayi, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Desa Deri Sanayi?

The danger of trading Desa Deri Sanayi is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Desa Deri is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Desa Deri. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Desa Deri Sanayi is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desa Deri 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 board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Desa Stock analysis

When running Desa Deri's price analysis, check to measure Desa Deri'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 Desa Deri is operating at the current time. Most of Desa Deri's value examination focuses on studying past and present price action to predict the probability of Desa Deri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desa Deri's price. Additionally, you may evaluate how the addition of Desa Deri to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Please note, there is a significant difference between Desa Deri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desa Deri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desa Deri'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.