Otokar Otomotiv (Turkey) Technical Analysis

OTKAR Stock  TRY 488.00  11.25  2.25%   
As of the 24th of April, Otokar Otomotiv holds the Risk Adjusted Performance of 0.052, coefficient of variation of 1385.33, and Semi Deviation of 2.15. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Otokar Otomotiv, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Otokar Otomotiv ve, which can be compared to its competitors. Please check Otokar Otomotiv ve variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Otokar Otomotiv ve is priced some-what accurately, providing market reflects its current price of 488.0 per share.

Otokar Otomotiv Momentum Analysis

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

Otokar Otomotiv ve Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Otokar Otomotiv ve volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Otokar Otomotiv ve Trend Analysis

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

Otokar Otomotiv Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Otokar Otomotiv ve applied against its price change over selected period. The best fit line has a slop of   0.34  , which may suggest that Otokar Otomotiv ve market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4339.45, which is the sum of squared deviations for the predicted Otokar Otomotiv price change compared to its average price change.

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

Otokar Otomotiv April 24, 2024 Technical Indicators

Most technical analysis of Otokar 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 Otokar from various momentum indicators to cycle indicators. When you analyze Otokar 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otokar Otomotiv ve. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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