Communication Cable (Indonesia) Price on March 15, 2023
CCSI Stock | 240.00 2.00 0.84% |
If you're considering investing in Communication Stock, it is important to understand the factors that can impact its price. As of today, the current price of Communication Cable stands at 240.00, as last reported on the 12th of December 2024, with the highest price reaching 240.00 and the lowest price hitting 232.00 during the day. Communication Cable secures Sharpe Ratio (or Efficiency) of -0.0561, which signifies that the company had a -0.0561% return per unit of risk over the last 3 months. Communication Cable Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Communication Cable's Standard Deviation of 3.95, risk adjusted performance of (0.03), and Mean Deviation of 2.18 to double-check the risk estimate we provide.
Communication Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Communication |
Sharpe Ratio = -0.0561
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Estimated Market Risk
4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Communication Cable 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 Communication Cable by adding Communication Cable to a well-diversified portfolio.
Communication Cable Valuation on March 15, 2023
It is possible to determine the worth of Communication Cable on a given historical date. On March 15, 2023 Communication was worth 660.0 at the beginning of the trading date compared to the closed value of 650.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Communication Cable stock. Still, in general, we apply an absolute valuation method to find Communication Cable'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 Communication Cable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Communication Cable's related companies.
Open | High | Low | Close | Volume | |
630.00 | 665.00 | 600.00 | 650.00 | 374,800 | |
03/15/2023 | 660.00 | 660.00 | 615.00 | 650.00 | 112,600 |
655.00 | 655.00 | 635.00 | 650.00 | 49,500 |
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Communication Cable Trading Date Momentum on March 15, 2023
On March 16 2023 Communication Cable Systems was traded for 650.00 at the closing time. The highest price during the trading period was 655.00 and the lowest recorded bid was listed for 635.00 . The volume for the day was 49.5 K. This history from March 16, 2023 did not affect price variability. The overall trading delta to the current price is 0.77% . |
Communication Cable Fundamentals Correlations and Trends
By evaluating Communication Cable'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 Communication Cable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Communication financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Communication Cable Stock history
Communication Cable 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 Communication is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Communication Cable 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 Communication Cable stock prices may prove useful in developing a viable investing in Communication Cable
Communication Cable Stock Technical Analysis
Communication Cable 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
Communication Cable Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Communication Cable Systems 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.
Communication Cable December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Communication Cable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Communication Cable shares will generate the highest return on investment. By undertsting and applying Communication Cable stock market strength indicators, traders can identify Communication Cable Systems entry and exit signals to maximize returns
Communication Cable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Communication Cable's price direction in advance. Along with the technical and fundamental analysis of Communication Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Communication 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 | (0.03) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.87) | |||
Treynor Ratio | (0.59) |
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Other Information on Investing in Communication Stock
Communication Cable financial ratios help investors to determine whether Communication 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 Communication with respect to the benefits of owning Communication Cable security.