Alumindo Light (Indonesia) Price on October 30, 2024
ALMI Stock | IDR 74.00 0.00 0.00% |
If you're considering investing in Alumindo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alumindo Light stands at 74.00, as last reported on the 2nd of December, with the highest price reaching 74.00 and the lowest price hitting 74.00 during the day. Alumindo Light Metal secures Sharpe Ratio (or Efficiency) of -0.0387, which signifies that the company had a -0.0387% return per unit of risk over the last 3 months. Alumindo Light Metal exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alumindo Light's Downside Deviation of 5.86, risk adjusted performance of 0.0434, and Mean Deviation of 2.63 to double-check the risk estimate we provide.
Alumindo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alumindo |
Sharpe Ratio = -0.0387
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ALMI |
Estimated Market Risk
3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.15 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 Alumindo Light 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 Alumindo Light by adding Alumindo Light to a well-diversified portfolio.
Alumindo Light Valuation on October 30, 2024
It is possible to determine the worth of Alumindo Light on a given historical date. On October 30, 2024 Alumindo was worth 74.0 at the beginning of the trading date compared to the closed value of 74.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alumindo Light stock. Still, in general, we apply an absolute valuation method to find Alumindo Light'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 Alumindo Light where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alumindo Light's related companies.
Open | High | Low | Close | Volume | |
76.00 | 76.00 | 74.00 | 74.00 | 60,700 | |
10/30/2024 | 74.00 | 74.00 | 74.00 | 74.00 | 1.00 |
74.00 | 74.00 | 74.00 | 74.00 | 1.00 |
Backtest Alumindo Light | | | Alumindo Light History | | | Alumindo Light Valuation | Previous | Next |
Alumindo Light Trading Date Momentum on October 30, 2024
On October 31 2024 Alumindo Light Metal was traded for 74.00 at the closing time. The highest price during the trading period was 74.00 and the lowest recorded bid was listed for 74.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Alumindo Light Metal Fundamentals Correlations and Trends
By evaluating Alumindo Light'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 Alumindo Light's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alumindo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alumindo Light Stock history
Alumindo Light 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 Alumindo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alumindo Light Metal 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 Alumindo Light stock prices may prove useful in developing a viable investing in Alumindo Light
Alumindo Light Stock Technical Analysis
Alumindo Light 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
Alumindo Light Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Alumindo Light Metal 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.
Alumindo Light December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alumindo Light stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumindo Light shares will generate the highest return on investment. By undertsting and applying Alumindo Light stock market strength indicators, traders can identify Alumindo Light Metal entry and exit signals to maximize returns
Alumindo Light Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alumindo Light's price direction in advance. Along with the technical and fundamental analysis of Alumindo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alumindo 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 | 0.0434 | |||
Jensen Alpha | 0.2549 | |||
Total Risk Alpha | (0.50) | |||
Sortino Ratio | 0.0083 | |||
Treynor Ratio | (0.29) |
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 Alumindo Stock
Alumindo Light financial ratios help investors to determine whether Alumindo 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 Alumindo with respect to the benefits of owning Alumindo Light security.