Citra Borneo (Indonesia) Price on October 8, 2024
CBUT Stock | 1,085 15.00 1.40% |
If you're considering investing in Citra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Citra Borneo stands at 1,085, as last reported on the 25th of November, with the highest price reaching 1,085 and the lowest price hitting 1,085 during the day. Citra Borneo Utama secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Citra Borneo Utama exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Citra Borneo's Mean Deviation of 1.71, standard deviation of 2.76, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide.
Citra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Citra |
Sharpe Ratio = -0.1476
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Estimated Market Risk
2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Citra Borneo 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 Citra Borneo by adding Citra Borneo to a well-diversified portfolio.
Citra Borneo Valuation on October 8, 2024
It is possible to determine the worth of Citra Borneo on a given historical date. On October 8, 2024 Citra was worth 1260.0 at the beginning of the trading date compared to the closed value of 1250.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Citra Borneo stock. Still, in general, we apply an absolute valuation method to find Citra Borneo'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 Citra Borneo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Citra Borneo's related companies.
Open | High | Low | Close | Volume | |
1,275 | 1,275 | 1,265 | 1,270 | 700.00 | |
10/08/2024 | 1,260 | 1,265 | 1,235 | 1,250 | 28,000 |
1,250 | 1,295 | 1,190 | 1,250 | 16,600 |
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Citra Borneo Trading Date Momentum on October 8, 2024
On October 09 2024 Citra Borneo Utama was traded for 1,250 at the closing time. The highest price during the trading period was 1,295 and the lowest recorded bid was listed for 1,190 . The volume for the day was 16.6 K. This history from October 9, 2024 did not affect price variability. The overall trading delta to the current price is 6.40% . |
Citra Borneo Utama Fundamentals Correlations and Trends
By evaluating Citra Borneo'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 Citra Borneo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Citra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Citra Borneo Stock history
Citra Borneo 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 Citra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Citra Borneo Utama 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 Citra Borneo stock prices may prove useful in developing a viable investing in Citra Borneo
Citra Borneo Stock Technical Analysis
Citra Borneo 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
Citra Borneo Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Citra Borneo Utama 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.
Citra Borneo November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Citra Borneo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Citra Borneo shares will generate the highest return on investment. By undertsting and applying Citra Borneo stock market strength indicators, traders can identify Citra Borneo Utama entry and exit signals to maximize returns
Citra Borneo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Citra Borneo's price direction in advance. Along with the technical and fundamental analysis of Citra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Citra 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 | (0.16) | |||
Jensen Alpha | (0.58) | |||
Total Risk Alpha | (1.03) | |||
Treynor Ratio | 4.85 |
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Other Information on Investing in Citra Stock
Citra Borneo financial ratios help investors to determine whether Citra 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 Citra with respect to the benefits of owning Citra Borneo security.