Adaro Minerals (Indonesia) Price on December 21, 2023
ADMR Stock | 1,230 35.00 2.77% |
If you're considering investing in Adaro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adaro Minerals stands at 1,230, as last reported on the 30th of November, with the highest price reaching 1,265 and the lowest price hitting 1,230 during the day. Adaro Minerals Indonesia secures Sharpe Ratio (or Efficiency) of -0.019, which signifies that the company had a -0.019% return per unit of standard deviation over the last 3 months. Adaro Minerals Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adaro Minerals' mean deviation of 1.76, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Adaro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adaro |
Sharpe Ratio = -0.019
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ADMR |
Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adaro Minerals 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 Adaro Minerals by adding Adaro Minerals to a well-diversified portfolio.
Adaro Minerals Valuation on December 21, 2023
It is possible to determine the worth of Adaro Minerals on a given historical date. On December 21, 2023 Adaro was worth 1410.0 at the beginning of the trading date compared to the closed value of 1370.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adaro Minerals stock. Still, in general, we apply an absolute valuation method to find Adaro Minerals' 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 Adaro Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adaro Minerals' related companies.
Open | High | Low | Close | Volume | |
1,450 | 1,470 | 1,405 | 1,410 | 19,455,700 | |
12/21/2023 | 1,410 | 1,410 | 1,355 | 1,370 | 15,891,200 |
1,370 | 1,395 | 1,325 | 1,345 | 14,740,000 |
Backtest Adaro Minerals | | | Adaro Minerals History | | | Adaro Minerals Valuation | Previous | Next |
Adaro Minerals Trading Date Momentum on December 21, 2023
On December 22 2023 Adaro Minerals Indonesia was traded for 1,345 at the closing time. The highest price during the trading period was 1,395 and the lowest recorded bid was listed for 1,325 . The volume for the day was 14.7 M. This history from December 22, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.82% . The overall trading delta to the current price is 1.09% . |
Adaro Minerals Indonesia Fundamentals Correlations and Trends
By evaluating Adaro Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Adaro Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adaro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adaro Minerals Stock history
Adaro Minerals 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 Adaro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adaro Minerals Indonesia 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 Adaro Minerals stock prices may prove useful in developing a viable investing in Adaro Minerals
Adaro Minerals Stock Technical Analysis
Adaro Minerals 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
Adaro Minerals Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Adaro Minerals Indonesia cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta 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.
Adaro Minerals November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Adaro Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adaro Minerals shares will generate the highest return on investment. By undertsting and applying Adaro Minerals stock market strength indicators, traders can identify Adaro Minerals Indonesia entry and exit signals to maximize returns
Adaro Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adaro Minerals' price direction in advance. Along with the technical and fundamental analysis of Adaro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adaro 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 | (0.04) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | 0.2829 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Adaro Stock
Adaro Minerals financial ratios help investors to determine whether Adaro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Adaro with respect to the benefits of owning Adaro Minerals security.