PT Adaro (Germany) Price on November 27, 2023
A64 Stock | EUR 0.14 0.01 7.69% |
If you're considering investing in A64 Stock, it is important to understand the factors that can impact its price. As of today, the current price of PT Adaro stands at 0.14, as last reported on the 4th of December, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. PT Adaro Energy retains Efficiency (Sharpe Ratio) of -0.0446, which implies the firm had a -0.0446% return per unit of price deviation over the last 3 months. PT Adaro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Adaro's information ratio of (0.06), and Market Risk Adjusted Performance of 3.65 to confirm the risk estimate we provide.
A64 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
A64 |
Sharpe Ratio = -0.0446
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | A64 |
Estimated Market Risk
6.88 actual daily | 61 61% of assets are less volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PT Adaro is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PT Adaro by adding PT Adaro to a well-diversified portfolio.
PT Adaro Valuation on November 27, 2023
It is possible to determine the worth of PT Adaro on a given historical date. On November 27, 2023 A64 was worth 0.15 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PT Adaro stock. Still, in general, we apply an absolute valuation method to find PT Adaro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PT Adaro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PT Adaro's related companies.
Open | High | Low | Close | Volume | |
0.14 | 0.14 | 0.14 | 0.14 | 1.00 | |
11/27/2023 | 0.15 | 0.15 | 0.15 | 0.15 | 1.00 |
0.15 | 0.15 | 0.15 | 0.15 | 1.00 |
Backtest PT Adaro | | | PT Adaro History | | | PT Adaro Valuation | Previous | Next |
PT Adaro Trading Date Momentum on November 27, 2023
On November 28 2023 PT Adaro Energy was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/28/2023 did not cause price change. The trading delta at closing time to current closing price is 6.67% . |
PT Adaro Energy Fundamentals Correlations and Trends
By evaluating PT Adaro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PT Adaro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. A64 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PT Adaro Stock history
PT Adaro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for A64 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PT Adaro Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PT Adaro stock prices may prove useful in developing a viable investing in PT Adaro
PT Adaro Energy Tbk, together with its subsidiaries, engages in trading, hauling, services, industry, workshop, mining, and construction activities of coal industry in Indonesia. PT Adaro Energy Tbk was founded in 2004 and is headquartered in Jakarta, Indonesia. PT Adaro operates under Coal classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10436 people.
PT Adaro Stock Technical Analysis
PT Adaro 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.
Price Boundaries
PT Adaro Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
PT Adaro Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PT Adaro December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how PT Adaro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PT Adaro shares will generate the highest return on investment. By undertsting and applying PT Adaro stock market strength indicators, traders can identify PT Adaro Energy entry and exit signals to maximize returns
PT Adaro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PT Adaro's price direction in advance. Along with the technical and fundamental analysis of A64 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of A64 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (1.24) | |||
Treynor Ratio | 3.64 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for A64 Stock analysis
When running PT Adaro's price analysis, check to measure PT Adaro'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 PT Adaro is operating at the current time. Most of PT Adaro's value examination focuses on studying past and present price action to predict the probability of PT Adaro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Adaro's price. Additionally, you may evaluate how the addition of PT Adaro to your portfolios can decrease your overall portfolio volatility.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |