Argo Pantes (Indonesia) Price on October 1, 2024

ARGO Stock  IDR 995.00  20.00  1.97%   
If you're considering investing in Argo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Argo Pantes stands at 995.00, as last reported on the 27th of November, with the highest price reaching 1,015 and the lowest price hitting 980.00 during the day. Argo Pantes Tbk secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Argo Pantes Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Argo Pantes' risk adjusted performance of (0.14), and Mean Deviation of 2.88 to double-check the risk estimate we provide.
  
Argo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1244

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Estimated Market Risk

 3.7
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Argo Pantes 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 Argo Pantes by adding Argo Pantes to a well-diversified portfolio.

Argo Pantes Valuation on October 1, 2024

It is possible to determine the worth of Argo Pantes on a given historical date. On October 1, 2024 Argo was worth 1095.0 at the beginning of the trading date compared to the closed value of 1110.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argo Pantes stock. Still, in general, we apply an absolute valuation method to find Argo Pantes' 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 Argo Pantes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argo Pantes' related companies.
 Open High Low Close Volume
  1,120    1,300    1,090    1,095    7,800  
10/01/2024
  1,095    1,110    1,075    1,110    2,100  
  1,085    1,160    1,085    1,125    1,000.00  
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Open Value
1095.0
1110.0
Closing Value
1,106
Upside

Argo Pantes Trading Date Momentum on October 1, 2024

On October 02 2024 Argo Pantes Tbk was traded for  1,125  at the closing time. The highest price during the trading period was 1,160  and the lowest recorded bid was listed for  1,085 . The volume for the day was 1000. This history from October 2, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.35% . The overall trading delta to the current price is 8.11% .

Argo Pantes Tbk Fundamentals Correlations and Trends

By evaluating Argo Pantes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Argo Pantes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Argo Pantes Stock history

Argo Pantes 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 Argo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argo Pantes 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 Argo Pantes stock prices may prove useful in developing a viable investing in Argo Pantes
PT Argo Pantes Tbk produces and sells various textile products primarily in Indonesia. The company was founded in 1977 and is headquartered in South Jakarta, Indonesia. Argo Pantes operates under Textile Manufacturing classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 130 people.

Argo Pantes Stock Technical Analysis

Argo Pantes 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.
A focus of Argo Pantes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Argo Pantes trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Argo Pantes Period Price Range

Low
November 27, 2024
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High

 0.00 

     

 0.00 

Argo Pantes 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.

Argo Pantes November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Argo Pantes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Pantes shares will generate the highest return on investment. By undertsting and applying Argo Pantes stock market strength indicators, traders can identify Argo Pantes Tbk entry and exit signals to maximize returns

Argo Pantes Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Argo Pantes' price direction in advance. Along with the technical and fundamental analysis of Argo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argo 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.

Other Information on Investing in Argo Stock

Argo Pantes financial ratios help investors to determine whether Argo 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 Argo with respect to the benefits of owning Argo Pantes security.