Adaro Energy (Indonesia) Price on April 26, 2023
ADRO Stock | IDR 2,080 680.00 24.64% |
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 Energy stands at 2,080, as last reported on the 30th of November, with the highest price reaching 2,210 and the lowest price hitting 2,070 during the day. Adaro Energy Tbk secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Adaro Energy Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adaro Energy's mean deviation of 2.4, and Risk Adjusted Performance of (0.1) 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 = -0.1484
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Estimated Market Risk
4.94 actual daily | 43 57% of assets are more volatile |
Expected Return
-0.73 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adaro Energy 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 Energy by adding Adaro Energy to a well-diversified portfolio.
Adaro Energy Valuation on April 26, 2023
It is possible to determine the worth of Adaro Energy on a given historical date. On April 26, 2023 Adaro was worth 2345.37 at the beginning of the trading date compared to the closed value of 2391.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adaro Energy stock. Still, in general, we apply an absolute valuation method to find Adaro Energy'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 Adaro Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adaro Energy's related companies.
Open | High | Low | Close | Volume | |
2,214 | 2,330 | 2,214 | 2,315 | 85,627,400 | |
04/26/2023 | 2,345 | 2,415 | 2,330 | 2,392 | 104,615,000 |
2,392 | 2,399 | 2,353 | 2,376 | 41,028,100 |
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Adaro Energy Trading Date Momentum on April 26, 2023
On April 27 2023 Adaro Energy Tbk was traded for 2,376 at the closing time. The highest price during the trading period was 2,399 and the lowest recorded bid was listed for 2,353 . The volume for the day was 41 M. This history from April 27, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the current price is 9.35% . |
Adaro Energy Tbk Fundamentals Correlations and Trends
By evaluating Adaro Energy'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 Adaro Energy's 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 Energy Stock history
Adaro Energy 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 Energy Tbk 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 Energy stock prices may prove useful in developing a viable investing in Adaro Energy
PT Adaro Energy Tbk, together with its subsidiaries, operates as an integrated coal mining and energy company in Indonesia. PT Adaro Energy Tbk was founded in 2004 and is headquartered in Jakarta, Indonesia. Adaro Energy operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 9550 people.
Adaro Energy Stock Technical Analysis
Adaro Energy 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 Energy Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
Adaro Energy Tbk 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 Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Adaro Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying Adaro Energy stock market strength indicators, traders can identify Adaro Energy Tbk entry and exit signals to maximize returns
Adaro Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adaro Energy's 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 | (0.1) | |||
Jensen Alpha | (0.70) | |||
Total Risk Alpha | (1.48) | |||
Treynor Ratio | (3.26) |
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Other Information on Investing in Adaro Stock
Adaro Energy 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 Energy security.