Indo Kordsa (Indonesia) Price on July 5, 2024
| BRAM Stock | IDR 6,000 25.00 0.42% |
If you're considering investing in Indo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indo Kordsa stands at 6,000, as last reported on the 11th of December 2024, with the highest price reaching 6,025 and the lowest price hitting 5,875 during the day. As of now, Indo Stock is very steady. Indo Kordsa Tbk holds Efficiency (Sharpe) Ratio of 0.0527, which attests that the entity had a 0.0527% return per unit of risk over the last 3 months. We have found thirty technical indicators for Indo Kordsa Tbk, which you can use to evaluate the volatility of the firm. Please check out Indo Kordsa's Downside Deviation of 2.04, market risk adjusted performance of (0.55), and Risk Adjusted Performance of 0.0462 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Indo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indo |
Sharpe Ratio = 0.0527
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Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Indo Kordsa is performing at about 4% 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 Indo Kordsa by adding it to a well-diversified portfolio.
Indo Kordsa Valuation on July 5, 2024
It is possible to determine the worth of Indo Kordsa on a given historical date. On July 5, 2024 Indo was worth 5694.23 at the beginning of the trading date compared to the closed value of 5621.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indo Kordsa stock. Still, in general, we apply an absolute valuation method to find Indo Kordsa'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 Indo Kordsa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indo Kordsa's related companies.
| Open | High | Low | Close | Volume | |
| 5,646 | 5,694 | 5,500 | 5,694 | 4,300 | |
07/05/2024 | 5,694 | 5,694 | 5,500 | 5,622 | 6,300 |
| 5,622 | 5,622 | 5,525 | 5,573 | 4,100 |
| Backtest Indo Kordsa | | | Indo Kordsa History | | | Indo Kordsa Valuation | Previous | Next |
Indo Kordsa Trading Date Momentum on July 5, 2024
| On July 08 2024 Indo Kordsa Tbk was traded for 5,573 at the closing time. The highest price during the trading period was 5,622 and the lowest recorded bid was listed for 5,525 . The volume for the day was 4.1 K. This history from July 8, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.86% . The trading delta at closing time to the current price is 1.72% . |
Indo Kordsa Tbk Fundamentals Correlations and Trends
By evaluating Indo Kordsa'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 Indo Kordsa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indo Kordsa Stock history
Indo Kordsa 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 Indo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indo Kordsa 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 Indo Kordsa stock prices may prove useful in developing a viable investing in Indo Kordsa
PT Indo Kordsa Tbk manufactures, markets, and sells tire cord fabrics and yarn filaments in Indonesia, Thailand, Korea, Japan, China, Vietnam, Turkey, Taiwan, Brazil, and internationally. PT Indo Kordsa Tbk operates as a subsidiary of Kordsa Teknik Tekstil A.S. Indo Kordsa operates under Auto Parts classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1504 people.
Indo Kordsa Stock Technical Analysis
Indo Kordsa 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
Indo Kordsa Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Indo Kordsa 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.
Indo Kordsa December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Indo Kordsa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indo Kordsa shares will generate the highest return on investment. By undertsting and applying Indo Kordsa stock market strength indicators, traders can identify Indo Kordsa Tbk entry and exit signals to maximize returns
Indo Kordsa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indo Kordsa's price direction in advance. Along with the technical and fundamental analysis of Indo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indo 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 | 0.0462 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | (0.56) |
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Other Information on Investing in Indo Stock
Indo Kordsa financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Kordsa security.