Arita Prima (Indonesia) Price on November 23, 2024
APII Stock | IDR 175.00 7.00 3.85% |
If you're considering investing in Arita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Arita Prima stands at 175.00, as last reported on the 27th of November, with the highest price reaching 177.00 and the lowest price hitting 175.00 during the day. Arita Prima Indonesia secures Sharpe Ratio (or Efficiency) of -0.006, which signifies that the company had a -0.006% return per unit of risk over the last 3 months. Arita Prima Indonesia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arita Prima's Standard Deviation of 1.38, risk adjusted performance of (0.0001), and Mean Deviation of 0.984 to double-check the risk estimate we provide.
Arita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Arita |
Sharpe Ratio = -0.006
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Estimated Market Risk
1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arita Prima 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 Arita Prima by adding Arita Prima to a well-diversified portfolio.
Arita Prima Valuation on November 23, 2024
It is possible to determine the worth of Arita Prima on a given historical date. On November 23, 2024 Arita was worth 184.0 at the beginning of the trading date compared to the closed value of 183.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arita Prima stock. Still, in general, we apply an absolute valuation method to find Arita Prima'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 Arita Prima where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arita Prima's related companies.
Open | High | Low | Close | Volume | |
177.00 | 184.00 | 176.00 | 181.00 | 99,100 | |
11/22/2024 | 184.00 | 184.00 | 181.00 | 183.00 | 1,200 |
177.00 | 182.00 | 177.00 | 182.00 | 27,700 |
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Arita Prima Trading Date Momentum on November 23, 2024
On November 25 2024 Arita Prima Indonesia was traded for 182.00 at the closing time. The highest price during the trading period was 182.00 and the lowest recorded bid was listed for 177.00 . The volume for the day was 27.7 K. This history from November 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.55% . The overall trading delta to the current price is 3.83% . |
Arita Prima Indonesia Fundamentals Correlations and Trends
By evaluating Arita Prima'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 Arita Prima's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arita Prima Stock history
Arita Prima 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 Arita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arita Prima 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 Arita Prima stock prices may prove useful in developing a viable investing in Arita Prima
PT Arita Prima Indonesia Tbk imports, distributes, and services valves, fittings, instrumentations, and control products in Indonesia. PT Arita Prima Indonesia Tbk is a subsidiary of PT Arita Global. Arita Prima operates under Industrial Distribution classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 370 people.
Arita Prima Stock Technical Analysis
Arita Prima 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
Arita Prima Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Arita Prima 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.
Arita Prima November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Arita Prima stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arita Prima shares will generate the highest return on investment. By undertsting and applying Arita Prima stock market strength indicators, traders can identify Arita Prima Indonesia entry and exit signals to maximize returns
Arita Prima Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arita Prima's price direction in advance. Along with the technical and fundamental analysis of Arita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arita 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 | (0.0001) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.38) |
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Other Information on Investing in Arita Stock
Arita Prima financial ratios help investors to determine whether Arita 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 Arita with respect to the benefits of owning Arita Prima security.