Alkindo Naratama (Indonesia) Price on May 14, 2024
| ALDO Stock | IDR 595.00 10.00 1.71% |
If you're considering investing in Alkindo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alkindo Naratama stands at 595.00, as last reported on the 30th of November, with the highest price reaching 600.00 and the lowest price hitting 565.00 during the day. Alkindo Naratama appears to be very steady, given 3 months investment horizon. Alkindo Naratama Tbk secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Alkindo Naratama's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Alkindo Naratama's Risk Adjusted Performance of 0.1614, mean deviation of 2.41, and Downside Deviation of 2.48 to double-check if our risk estimates are consistent with your expectations.
Alkindo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alkindo |
Sharpe Ratio = 0.185
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Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Alkindo Naratama is performing at about 14% of its full potential. 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 Alkindo Naratama by adding it to a well-diversified portfolio.
Alkindo Naratama Valuation on May 14, 2024
It is possible to determine the worth of Alkindo Naratama on a given historical date. On May 14, 2024 Alkindo was worth 424.53 at the beginning of the trading date compared to the closed value of 437.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkindo Naratama stock. Still, in general, we apply an absolute valuation method to find Alkindo Naratama'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 Alkindo Naratama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkindo Naratama's related companies.
| Open | High | Low | Close | Volume | |
| 424.53 | 427.02 | 419.53 | 424.53 | 6,400 | |
05/14/2024 | 424.53 | 439.51 | 424.53 | 437.01 | 77,200 |
| 427.02 | 437.01 | 427.02 | 434.51 | 10,600 |
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Alkindo Naratama Trading Date Momentum on May 14, 2024
| On May 15 2024 Alkindo Naratama Tbk was traded for 434.51 at the closing time. The highest price during the trading period was 437.01 and the lowest recorded bid was listed for 427.02 . The volume for the day was 10.6 K. This history from May 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.57% . The overall trading delta to the current price is 6.29% . |
Alkindo Naratama Tbk Fundamentals Correlations and Trends
By evaluating Alkindo Naratama'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 Alkindo Naratama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alkindo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alkindo Naratama Stock history
Alkindo Naratama 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 Alkindo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkindo Naratama 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 Alkindo Naratama stock prices may prove useful in developing a viable investing in Alkindo Naratama
Alkindo Naratama Stock Technical Analysis
Alkindo Naratama 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
Alkindo Naratama Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alkindo Naratama 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.
Alkindo Naratama November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alkindo Naratama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkindo Naratama shares will generate the highest return on investment. By undertsting and applying Alkindo Naratama stock market strength indicators, traders can identify Alkindo Naratama Tbk entry and exit signals to maximize returns
Alkindo Naratama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alkindo Naratama's price direction in advance. Along with the technical and fundamental analysis of Alkindo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alkindo 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 | 0.1614 | |||
| Jensen Alpha | 0.5442 | |||
| Total Risk Alpha | 0.0956 | |||
| Sortino Ratio | 0.1941 | |||
| Treynor Ratio | 1.2 |
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Other Information on Investing in Alkindo Stock
Alkindo Naratama financial ratios help investors to determine whether Alkindo 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 Alkindo with respect to the benefits of owning Alkindo Naratama security.