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Turkiye Kalkinma Bankasi AS
Buy, Hold or Sell?

Let's analyse Kalkinma together

PenkeI guess you are interested in Turkiye Kalkinma Bankasi AS. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Turkiye Kalkinma Bankasi AS. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Kalkinma (30 sec.)










What can you expect buying and holding a share of Kalkinma? (30 sec.)

How much money do you get?

How much money do you get?
‚āļ0.00
When do you have the money?
1 year
How often do you get paid?
17.9%

What is your share worth?

Current worth
‚āļ2.17
Expected worth in 1 year
‚āļ2.97
How sure are you?
96.4%

+ What do you gain per year?

Total Gains per Share
‚āļ0.80
Return On Investment
5.0%

For what price can you sell your share?

Current Price per Share
‚āļ16.11
Expected price per share
‚āļ13.98 - ‚āļ32.85
How sure are you?
50%

1. Valuation of Kalkinma (5 min.)




Live pricePrice per Share (EOD)

‚āļ16.11

Intrinsic Value Per Share

‚āļ18.24 - ‚āļ21.41

Total Value Per Share

‚āļ20.40 - ‚āļ23.58

2. Growth of Kalkinma (5 min.)




Is Kalkinma growing?

Current yearPrevious yearGrowGrow %
How rich?$369.2m$196.4m$122.6m38.4%

How much money is Kalkinma making?

Current yearPrevious yearGrowGrow %
Making money$34.2m$15.5m$18.6m54.6%
Net Profit Margin53.8%51.5%--

How much money comes from the company's main activities?

3. Financial Health of Kalkinma (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Kalkinma? (5 min.)

Welcome investor! Kalkinma's management wants to use your money to grow the business. In return you get a share of Kalkinma.

What can you expect buying and holding a share of Kalkinma?

First you should know what it really means to hold a share of Kalkinma. And how you can make/lose money.

Speculation

The Price per Share of Kalkinma is ‚āļ16.11. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kalkinma.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kalkinma, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚āļ2.17. Based on the TTM, the Book Value Change Per Share is ‚āļ0.20 per quarter. Based on the YOY, the Book Value Change Per Share is ‚āļ0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚āļ0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kalkinma.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share‚āļ% of Price per Share
Usd Eps0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.48-0.65-0.45-0.71-0.61-
Price to Earnings Ratio20.50-26.46-39.51-179.21-448.73-
Price-to-Total Gains Ratio82.45-103.54-144.95-648.76-516.00-
Price to Book Ratio7.11-11.15-12.98-34.92-37.38-
Price-to-Total Gains Ratio82.45-103.54-144.95-648.76-516.00-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.49941
Number of shares2002
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (2002 shares)12.415.79
Gains per Year (2002 shares)49.6623.15
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10504002313
20999004636
3014914006959
4019919009382
502482400116105
602982900139128
703483400162151
803973900185174
904474400208197
1004974900231220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.01.00.096.4%27.01.00.096.4%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.01.00.096.4%27.01.00.096.4%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%5.00.023.017.9%5.00.023.017.9%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.01.00.096.4%27.01.00.096.4%

Fundamentals of Kalkinma

About Turkiye Kalkinma Bankasi AS

T√ľrkiye Kalkinma ve Yatirim Bankasi A.S. operates as a development and investment banking company in Turkey. The company provides project funding and corporate loans for industry investment, renewable energy, energy and resources efficiency, tourism, education and health investments, and wholesale banking; money and capital market services, such as repo/reverse repo transaction, purchase and sale of bill/bond, and derivatives; consultancy services for public offering, issuance of debt instrument and interest-free capital market products, structure finance products, asset-backed securities, and other capital market consultancy services. It also offers restructuring, financial feasibility, structured finance, and capital structuring consultancy services; acquirer, acquiree, merger, demerger, partnership, and privatization consultancy services; sustainable finance products; and other services. The company was formerly known as Devlet Sanayi ve Is√ßi Yatirim Bankasi A.S. and changed its name to T√ľrkiye Kalkinma ve Yatirim Bankasi A.S. in July 1988. T√ľrkiye Kalkinma ve Yatirim Bankasi A.S. was incorporated in 1975 and is headquartered in √úmraniye, Turkey.

Fundamental data was last updated by Penke on 2024-06-08 00:54:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Turkiye Kalkinma Bankasi AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Kalkinma earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • A Net Profit Margin of 47.3%¬†means that¬†₤0.47 for each ₤1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 47.3%. The company is making a huge profit. +2
  • The TTM is 53.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ47.3%TTM53.8%-6.6%
TTM53.8%YOY51.5%+2.4%
TTM53.8%5Y53.4%+0.4%
5Y53.4%10Y48.8%+4.6%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ47.3%38.5%+8.8%
TTM53.8%29.6%+24.2%
YOY51.5%26.3%+25.2%
5Y53.4%23.6%+29.8%
10Y48.8%20.4%+28.4%
1.1.2. Return on Assets

Shows how efficient Kalkinma is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • 0.7% Return on Assets means that¬†Kalkinma generated¬†₤0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.8%-0.1%
TTM0.8%YOY0.6%+0.3%
TTM0.8%5Y0.6%+0.2%
5Y0.6%10Y0.6%+0.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.3%+0.4%
TTM0.8%0.2%+0.6%
YOY0.6%0.2%+0.4%
5Y0.6%0.2%+0.4%
10Y0.6%0.2%+0.4%
1.1.3. Return on Equity

Shows how efficient Kalkinma is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • 8.7% Return on Equity means Kalkinma generated ₤0.09¬†for each¬†₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 8.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.7%TTM11.0%-2.3%
TTM11.0%YOY7.8%+3.1%
TTM11.0%5Y6.8%+4.2%
5Y6.8%10Y5.8%+1.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%3.1%+5.6%
TTM11.0%2.5%+8.5%
YOY7.8%2.7%+5.1%
5Y6.8%2.5%+4.3%
10Y5.8%2.8%+3.0%

1.2. Operating Efficiency of Turkiye Kalkinma Bankasi AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kalkinma is operating .

  • Measures how much profit Kalkinma makes for each ₤1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₤0.00 ¬†for each ₤1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Kalkinma is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₤0.00 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.034-0.034
5Y0.03410Y0.134-0.100

1.3. Liquidity of Turkiye Kalkinma Bankasi AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kalkinma is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Banks - Regional industry mean).
  • A Current Ratio of 0.00¬†means the company has ₤0.00 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.361-0.361
TTM0.361YOY1.641-1.280
TTM0.3615Y16.576-16.215
5Y16.57610Y30.548-13.972
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.3610.124+0.237
YOY1.6410.167+1.474
5Y16.5760.207+16.369
10Y30.5480.131+30.417
1.3.2. Quick Ratio

Measures if Kalkinma is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • A Quick Ratio of 0.00¬†means the company can pay off ₤0.00 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.0000.000
TTM0.000YOY0.004-0.004
TTM0.0005Y0.289-0.289
5Y0.28910Y4.124-3.835

1.4. Solvency of Turkiye Kalkinma Bankasi AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kalkinma assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Kalkinma to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92¬†means that Kalkinma assets are¬†financed with 91.6% credit (debt) and the remaining percentage (100% - 91.6%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 0.916. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.922. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.916TTM0.922-0.005
TTM0.922YOY0.926-0.005
TTM0.9225Y0.901+0.020
5Y0.90110Y0.895+0.006
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9160.915+0.001
TTM0.9220.916+0.006
YOY0.9260.918+0.008
5Y0.9010.919-0.018
10Y0.8950.926-0.031
1.4.2. Debt to Equity Ratio

Measures if Kalkinma is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,095.4% means that company has ₤10.95 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The MRQ is 10.954. The company is unable to pay all its debts with equity. -1
  • The TTM is 11.829. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ10.954TTM11.829-0.875
TTM11.829YOY12.581-0.752
TTM11.8295Y9.625+2.203
5Y9.62510Y9.089+0.537
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ10.95410.799+0.155
TTM11.82910.909+0.920
YOY12.58111.266+1.315
5Y9.62511.324-1.699
10Y9.08912.886-3.797

2. Market Valuation of Turkiye Kalkinma Bankasi AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₤1 in earnings Kalkinma generates.

  • Above 15 is considered overpriced but¬†always compare¬†Kalkinma to the¬†Banks - Regional industry mean.
  • A PE ratio of 20.50 means the investor is paying ₤20.50¬†for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The EOD is 21.443. Based on the earnings, the company is fair priced.
  • The MRQ is 20.498. Based on the earnings, the company is fair priced.
  • The TTM is 26.460. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD21.443MRQ20.498+0.945
MRQ20.498TTM26.460-5.962
TTM26.460YOY39.505-13.046
TTM26.4605Y179.208-152.749
5Y179.20810Y448.730-269.522
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD21.4433.535+17.908
MRQ20.4983.418+17.080
TTM26.4604.741+21.719
YOY39.5056.901+32.604
5Y179.2089.496+169.712
10Y448.7309.770+438.960
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The EOD is 37.359. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 35.713. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 13.697. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD37.359MRQ35.713+1.647
MRQ35.713TTM13.697+22.016
TTM13.697YOY48.258-34.561
TTM13.6975Y194.109-180.412
5Y194.10910Y182.359+11.750
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD37.359-2.441+39.800
MRQ35.713-2.360+38.073
TTM13.697-1.072+14.769
YOY48.2586.461+41.797
5Y194.1090.248+193.861
10Y182.3590.032+182.327
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kalkinma is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Banks - Regional industry mean).
  • A PB ratio of 7.11 means the investor is paying ₤7.11¬†for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of Turkiye Kalkinma Bankasi AS:

  • The EOD is 7.440. Based on the equity, the company is overpriced. -1
  • The MRQ is 7.112. Based on the equity, the company is overpriced. -1
  • The TTM is 11.148. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD7.440MRQ7.112+0.328
MRQ7.112TTM11.148-4.036
TTM11.148YOY12.985-1.837
TTM11.1485Y34.923-23.775
5Y34.92310Y37.382-2.459
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD7.4400.435+7.005
MRQ7.1120.420+6.692
TTM11.1480.439+10.709
YOY12.9850.594+12.391
5Y34.9230.763+34.160
10Y37.3820.991+36.391
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Turkiye Kalkinma Bankasi AS compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1870.200-7%0.118+58%0.093+100%0.077+142%
Book Value Per Share--2.1651.872+16%1.152+88%0.962+125%0.756+187%
Current Ratio---0.361-100%1.641-100%16.576-100%30.548-100%
Debt To Asset Ratio--0.9160.922-1%0.926-1%0.901+2%0.895+2%
Debt To Equity Ratio--10.95411.829-7%12.581-13%9.625+14%9.089+21%
Dividend Per Share----0%-0%-0%0.000-100%
Eps--0.1880.201-6%0.118+60%0.082+129%0.061+208%
Free Cash Flow Per Share--0.1080.230-53%0.616-83%0.212-49%0.154-30%
Free Cash Flow To Equity Per Share--0.1080.230-53%0.721-85%0.266-60%0.201-46%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--21.410--------
Intrinsic Value_10Y_min--18.236--------
Intrinsic Value_1Y_max--1.407--------
Intrinsic Value_1Y_min--1.381--------
Intrinsic Value_3Y_max--4.790--------
Intrinsic Value_3Y_min--4.561--------
Intrinsic Value_5Y_max--8.851--------
Intrinsic Value_5Y_min--8.167--------
Market Cap88605004124.160+4%84700003942.400114551255331.840-26%80094028728.013+6%126722645898.363-33%107780558588.123-21%
Net Profit Margin--0.4730.538-12%0.515-8%0.534-11%0.488-3%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.034-100%0.134-100%
Pb Ratio7.440+4%7.11211.148-36%12.985-45%34.923-80%37.382-81%
Pe Ratio21.443+4%20.49826.460-23%39.505-48%179.208-89%448.730-95%
Price Per Share16.110+4%15.40020.828-26%14.563+6%23.040-33%19.596-21%
Price To Free Cash Flow Ratio37.359+4%35.71313.697+161%48.258-26%194.109-82%182.359-80%
Price To Total Gains Ratio86.250+4%82.449103.542-20%144.949-43%648.756-87%515.998-84%
Quick Ratio---0.000-100%0.004-100%0.289-100%4.124-100%
Return On Assets--0.0070.008-14%0.006+26%0.006+16%0.006+31%
Return On Equity--0.0870.110-21%0.078+11%0.068+28%0.058+50%
Total Gains Per Share--0.1870.200-7%0.118+58%0.093+100%0.078+141%
Usd Book Value--369209101.000319132135.000+16%196485440.000+88%164004723.450+125%128856014.929+187%
Usd Book Value Change Per Share--0.0060.006-7%0.004+58%0.003+100%0.002+142%
Usd Book Value Per Share--0.0670.058+16%0.036+88%0.030+125%0.023+187%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps--0.0060.006-6%0.004+60%0.003+129%0.002+208%
Usd Free Cash Flow--18380613.00039182349.250-53%105110421.250-83%36213327.350-49%26246524.214-30%
Usd Free Cash Flow Per Share--0.0030.007-53%0.019-83%0.007-49%0.005-30%
Usd Free Cash Flow To Equity Per Share--0.0030.007-53%0.022-85%0.008-60%0.006-46%
Usd Market Cap2746755127.849+4%2625700122.2143551088915.287-26%2482914890.568+6%3928402022.849-33%3341197316.232-21%
Usd Price Per Share0.499+4%0.4770.646-26%0.451+6%0.714-33%0.607-21%
Usd Profit--32024333.00034221349.500-6%15522141.750+106%13059948.150+145%9743548.000+229%
Usd Revenue--67745540.00063799224.500+6%30209050.500+124%24712555.200+174%18446138.143+267%
Usd Total Gains Per Share--0.0060.006-7%0.004+58%0.003+100%0.002+141%
 EOD+4 -4MRQTTM+9 -22YOY+21 -105Y+18 -1410Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of Turkiye Kalkinma Bankasi AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.443
Price to Book Ratio (EOD)Between0-17.440
Net Profit Margin (MRQ)Greater than00.473
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.916
Debt to Equity Ratio (MRQ)Less than110.954
Return on Equity (MRQ)Greater than0.150.087
Return on Assets (MRQ)Greater than0.050.007
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Turkiye Kalkinma Bankasi AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.621
Ma 20Greater thanMa 5018.262
Ma 50Greater thanMa 10017.432
Ma 100Greater thanMa 20016.502
OpenGreater thanClose16.000
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in TRY. All numbers in thousands.

Summary
Total Assets142,367,778
Total Liabilities130,457,807
Total Stockholder Equity11,909,971
 As reported
Total Liabilities 130,457,807
Total Stockholder Equity+ 11,909,971
Total Assets = 142,367,778

Assets

Total Assets142,367,778
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 16,551,420
Total Current Assets  (as reported)0
Total Current Assets  (calculated)16,551,420
+/- 16,551,420
Long-term Assets
Property Plant Equipment 80,340
Long Term Investments 36,966,842
Intangible Assets 34,502
Long-term Assets  (as reported)0
Long-term Assets  (calculated)37,081,684
+/- 37,081,684

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity11,909,971
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 5,076,248
Total Stockholder Equity (as reported)11,909,971
Total Stockholder Equity (calculated)5,076,248
+/- 6,833,723
Other
Capital Stock2,500,000
Common Stock Shares Outstanding 5,486,246
Net Debt 90,080,757
Net Invested Capital 118,542,148



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-30
> Total Assets 
7,787,273
7,936,253
8,983,163
9,561,945
10,797,160
16,376,752
15,714,810
16,587,551
18,801,250
18,469,471
19,375,918
20,857,735
21,795,993
24,866,288
28,073,370
30,670,178
32,982,000
34,185,604
48,378,730
58,170,061
71,011,242
78,840,093
91,699,796
102,727,807
122,297,358
124,080,451
135,699,686
142,367,778
142,367,778135,699,686124,080,451122,297,358102,727,80791,699,79678,840,09371,011,24258,170,06148,378,73034,185,60432,982,00030,670,17828,073,37024,866,28821,795,99320,857,73519,375,91818,469,47118,801,25016,587,55115,714,81016,376,75210,797,1609,561,9458,983,1637,936,2537,787,273
   > Total Current Assets 
1,271,281
1,219,920
1,679,694
1,960,023
1,576,545
1,949,016
1,885,462
2,007,630
2,656,073
2,904,232
3,293,170
2,930,943
2,807,446
3,099,965
5,499,058
4,801,730
5,307,182
4,775,024
5,107,447
6,254,289
13,134,189
14,569,734
18,784,605
0
24,157,281
0
0
0
00024,157,281018,784,60514,569,73413,134,1896,254,2895,107,4474,775,0245,307,1824,801,7305,499,0583,099,9652,807,4462,930,9433,293,1702,904,2322,656,0732,007,6301,885,4621,949,0161,576,5451,960,0231,679,6941,219,9201,271,281
       Cash And Cash Equivalents 
47
101
1,633,993
1,258,648
847,475
1,011,783
1,627,310
1,687,107
1,956,767
2,017,264
2,402,876
2,533,060
2,205,639
1,700,782
3,555,817
3,383,520
4,188,287
3,900,403
4,187,585
5,964,372
9,617,610
10,480,043
15,375,104
19,656,550
19,533,133
23,224,907
21,732,911
16,551,420
16,551,42021,732,91123,224,90719,533,13319,656,55015,375,10410,480,0439,617,6105,964,3724,187,5853,900,4034,188,2873,383,5203,555,8171,700,7822,205,6392,533,0602,402,8762,017,2641,956,7671,687,1071,627,3101,011,783847,4751,258,6481,633,99310147
       Short-term Investments 
2,707
18,261
10,636
400,469
450,472
610,190
0
1,987
590
132,906
180,341
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000180,341132,9065901,9870610,190450,472400,46910,63618,2612,707
       Net Receivables 
942,563
822,453
26,946
4,886
7,429
8,742
2,883
5,117
6,903
5,693
14,164
18,739
3,175
1,622
973
3,924
12,635
19,462
1,378
8,429
46,430
32,819
25,366
0
23,333
0
0
0
00023,333025,36632,81946,4308,4291,37819,46212,6353,9249731,6223,17518,73914,1645,6936,9035,1172,8838,7427,4294,88626,946822,453942,563
       Inventory 
63
77
88
88
83
80
82
68
36
20
4
4
4
113
165
182
174
185
375
403
535
603
787
0
1,485
0
0
0
0001,485078760353540337518517418216511344420366882808388887763
       Other Current Assets 
321,082
374,526
2,611
0
0
0
0
10,010
7,885
52,701
166,896
195,098
187,860
178,213
63,299
0
0
0
0
0
0
55,112,378
0
0
0
0
0
0
00000055,112,37800000063,299178,213187,860195,098166,89652,7017,88510,01000002,611374,526321,082
   > Long-term Assets 0000000000000000000000000000
       Property Plant Equipment 
65,044
63,650
38,034
65,036
62,730
61,505
37,465
86,552
90,449
93,715
56,368
94,477
81,398
57,977
22,545
43,913
41,961
42,557
17,123
32,865
30,290
30,201
89,436
84,775
48,122
42,566
43,010
80,340
80,34043,01042,56648,12284,77589,43630,20130,29032,86517,12342,55741,96143,91322,54557,97781,39894,47756,36893,71590,44986,55237,46561,50562,73065,03638,03463,65065,044
       Long Term Investments 
251,154
264,543
304,145
55,625
76,052
125,167
122,370
341,099
1,514,357
1,736,485
1,636,026
1,837,944
1,849,533
2,206,756
2,478,085
3,112,888
3,615,400
4,546,566
6,386,704
9,049,600
10,937,788
12,526,145
15,534,093
15,984,879
19,731,397
22,216,878
28,940,739
36,966,842
36,966,84228,940,73922,216,87819,731,39715,984,87915,534,09312,526,14510,937,7889,049,6006,386,7044,546,5663,615,4003,112,8882,478,0852,206,7561,849,5331,837,9441,636,0261,736,4851,514,357341,099122,370125,16776,05255,625304,145264,543251,154
       Intangible Assets 
1,213
1,228
1,048
2,620
2,312
2,009
1,706
1,404
1,112
909
2,085
1,995
14,179
13,513
17,744
17,092
20,490
21,624
21,875
20,665
19,884
18,583
21,673
20,479
22,072
29,428
32,323
34,502
34,50232,32329,42822,07220,47921,67318,58319,88420,66521,87521,62420,49017,09217,74413,51314,1791,9952,0859091,1121,4041,7062,0092,3122,6201,0481,2281,213
> Total Liabilities 
6,594,781
6,703,891
7,726,898
8,316,001
9,512,845
15,081,209
14,297,523
14,935,180
16,689,835
16,210,763
17,019,505
18,436,044
19,254,957
22,196,921
24,485,171
26,911,212
29,002,500
29,961,915
43,913,093
53,266,483
65,774,023
73,087,443
84,846,056
95,218,456
113,670,824
114,321,288
124,817,014
130,457,807
130,457,807124,817,014114,321,288113,670,82495,218,45684,846,05673,087,44365,774,02353,266,48343,913,09329,961,91529,002,50026,911,21224,485,17122,196,92119,254,95718,436,04417,019,50516,210,76316,689,83514,935,18014,297,52315,081,2099,512,8458,316,0017,726,8986,703,8916,594,781
   > Total Current Liabilities 
57,336
57,265
28,255
16,253
17,370
24,229
35,900
26,216
43,193
43,025
96,320
91,492
89,040
93,706
348,918
265,122
487,602
567,833
895,048
1,300,032
3,668,081
11,327,693
11,073,791
0
16,721,714
0
0
0
00016,721,714011,073,79111,327,6933,668,0811,300,032895,048567,833487,602265,122348,91893,70689,04091,49296,32043,02543,19326,21635,90024,22917,37016,25328,25557,26557,336
       Short-term Debt 
6,438,197
6,547,461
7,315,794
7,812,407
8,959,414
0
0
0
459
266
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000002664590008,959,4147,812,4077,315,7946,547,4616,438,197
       Short Long Term Debt 
6,438,197
6,547,461
7,315,794
7,812,407
8,959,414
0
0
0
459
266
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000002664590008,959,4147,812,4077,315,7946,547,4616,438,197
       Other Current Liabilities 
34,236
33,281
27,685
15,561
16,265
22,654
35,038
24,226
42,144
39,910
45,843
31,527
36,090
39,547
45,148
44,771
95,484
100,414
25,194
167,114
165,845
237,122
287,483
0
195,024
0
0
0
000195,0240287,483237,122165,845167,11425,194100,41495,48444,77145,14839,54736,09031,52745,84339,91042,14424,22635,03822,65416,26515,56127,68533,28134,236
   > Long-term Liabilities 0000000000000000000000000000
> Total Stockholder Equity
1,192,492
1,232,362
1,256,265
1,245,944
1,284,315
1,295,543
1,417,287
1,652,371
2,111,415
2,258,708
2,356,413
2,421,691
2,541,036
2,669,367
3,588,199
3,758,966
3,979,500
4,223,689
4,465,637
4,903,578
5,237,219
5,752,650
6,853,740
7,509,351
8,626,534
9,759,163
10,882,672
11,909,971
11,909,97110,882,6729,759,1638,626,5347,509,3516,853,7405,752,6505,237,2194,903,5784,465,6374,223,6893,979,5003,758,9663,588,1992,669,3672,541,0362,421,6912,356,4132,258,7082,111,4151,652,3711,417,2871,295,5431,284,3151,245,9441,256,2651,232,3621,192,492
   Common Stock
500,000
500,000
500,000
500,000
500,000
500,000
500,000
500,000
850,000
850,000
850,000
850,000
850,000
850,000
1,600,000
1,600,000
1,600,000
1,600,000
2,000,000
2,000,000
2,000,000
2,000,000
2,500,000
0
2,500,000
0
0
0
0002,500,00002,500,0002,000,0002,000,0002,000,0002,000,0001,600,0001,600,0001,600,0001,600,000850,000850,000850,000850,000850,000850,000500,000500,000500,000500,000500,000500,000500,000500,000
   Retained Earnings 
472,438
510,486
534,199
524,046
560,979
562,940
682,611
424,550
353,536
483,505
1,262,000
1,352,313
1,452,602
1,597,904
1,763,876
1,961,767
2,171,823
2,418,152
2,280,073
2,637,688
3,018,527
3,449,059
3,979,526
2,361,147
5,877,807
2,910,577
4,042,957
5,076,248
5,076,2484,042,9572,910,5775,877,8072,361,1473,979,5263,449,0593,018,5272,637,6882,280,0732,418,1522,171,8231,961,7671,763,8761,597,9041,452,6021,352,3131,262,000483,505353,536424,550682,611562,940560,979524,046534,199510,486472,438
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
218,472
220,294
220,484
220,316
221,754
231,021
233,094
203,921
223,284
240,608
242,430
217,395
236,451
219,480
220,640
194,056
203,994
201,854
181,817
262,143
214,945
299,844
370,176
0
244,689
0
0
0
000244,6890370,176299,844214,945262,143181,817201,854203,994194,056220,640219,480236,451217,395242,430240,608223,284203,921233,094231,021221,754220,316220,484220,294218,472



Balance Sheet

Currency in TRY. All numbers in thousands.




Cash Flow

Currency in TRY. All numbers in thousands.




Income Statement

Currency in TRY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue7,106,300
Cost of Revenue-0
Gross Profit07,106,300
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative26,803
Selling And Marketing Expenses0
Operating Expense026,803
 
Net Interest Income (+$)
Interest Income16,178,890
Interest Expense-8,653,879
Other Finance Cost-0
Net Interest Income7,525,011
 
Pretax Income (+$)
Operating Income0
Net Interest Income7,525,011
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,641,0030
EBIT - interestExpense = -8,653,879
4,042,668
12,696,547
Interest Expense8,653,879
Earnings Before Interest and Taxes (EBIT)014,294,882
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,641,003
Tax Provision-1,598,335
Net Income From Continuing Ops4,042,6684,042,668
Net Income4,042,668
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-7,525,011
 

Technical Analysis of Kalkinma
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kalkinma. The general trend of Kalkinma is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kalkinma's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Turkiye Kalkinma Bankasi AS.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 22.20 < 32.85.

The bearish price targets are: 15.02 > 15.00 > 13.98.

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Turkiye Kalkinma Bankasi AS Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Turkiye Kalkinma Bankasi AS. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Turkiye Kalkinma Bankasi AS Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Turkiye Kalkinma Bankasi AS. The current macd is -0.58882243.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kalkinma price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Kalkinma. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Kalkinma price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Turkiye Kalkinma Bankasi AS Daily Moving Average Convergence/Divergence (MACD) ChartTurkiye Kalkinma Bankasi AS Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Turkiye Kalkinma Bankasi AS. The current adx is 26.57.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Kalkinma shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Turkiye Kalkinma Bankasi AS Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Turkiye Kalkinma Bankasi AS. The current sar is 17.99.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Turkiye Kalkinma Bankasi AS Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Turkiye Kalkinma Bankasi AS. The current rsi is 38.62. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Turkiye Kalkinma Bankasi AS Daily Relative Strength Index (RSI) ChartTurkiye Kalkinma Bankasi AS Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Turkiye Kalkinma Bankasi AS. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Kalkinma price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Turkiye Kalkinma Bankasi AS Daily Stochastic Oscillator ChartTurkiye Kalkinma Bankasi AS Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Turkiye Kalkinma Bankasi AS. The current cci is -95.84282727.

Turkiye Kalkinma Bankasi AS Daily Commodity Channel Index (CCI) ChartTurkiye Kalkinma Bankasi AS Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Turkiye Kalkinma Bankasi AS. The current cmo is -37.0877291.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Turkiye Kalkinma Bankasi AS Daily Chande Momentum Oscillator (CMO) ChartTurkiye Kalkinma Bankasi AS Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Turkiye Kalkinma Bankasi AS. The current willr is -97.0027248.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Turkiye Kalkinma Bankasi AS Daily Williams %R ChartTurkiye Kalkinma Bankasi AS Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Turkiye Kalkinma Bankasi AS.

Turkiye Kalkinma Bankasi AS Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Turkiye Kalkinma Bankasi AS. The current atr is 0.6955621.

Turkiye Kalkinma Bankasi AS Daily Average True Range (ATR) ChartTurkiye Kalkinma Bankasi AS Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Turkiye Kalkinma Bankasi AS. The current obv is 15,760,655.

Turkiye Kalkinma Bankasi AS Daily On-Balance Volume (OBV) ChartTurkiye Kalkinma Bankasi AS Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Turkiye Kalkinma Bankasi AS. The current mfi is 16.17.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Turkiye Kalkinma Bankasi AS Daily Money Flow Index (MFI) ChartTurkiye Kalkinma Bankasi AS Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Turkiye Kalkinma Bankasi AS.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-12STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Turkiye Kalkinma Bankasi AS Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Turkiye Kalkinma Bankasi AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.621
Ma 20Greater thanMa 5018.262
Ma 50Greater thanMa 10017.432
Ma 100Greater thanMa 20016.502
OpenGreater thanClose16.000
Total2/5 (40.0%)
Penke

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