Communication Cable (Indonesia) Price on July 4, 2023

CCSI Stock   256.00  10.00  3.76%   
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 256.00, as last reported on the 30th of November, with the highest price reaching 274.00 and the lowest price hitting 250.00 during the day. Communication Cable secures Sharpe Ratio (or Efficiency) of -0.0416, which signifies that the company had a -0.0416% return per unit of risk over the last 3 months. Communication Cable Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Communication Cable's Mean Deviation of 2.13, standard deviation of 3.92, and Risk Adjusted Performance of (0.02) 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.

Sharpe Ratio = -0.0416

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Estimated Market Risk

 4.02
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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 July 4, 2023

It is possible to determine the worth of Communication Cable on a given historical date. On July 4, 2023 Communication was worth 650.0 at the beginning of the trading date compared to the closed value of 640.0. 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
  645.00    660.00    635.00    645.00    65,100  
07/04/2023
  650.00    650.00    625.00    640.00    49,600  
  640.00    640.00    620.00    630.00    13,000  
Backtest Communication Cable  |  Communication Cable History  |  Communication Cable Valuation   PreviousNext  
Open Value
650.0
637.95
Downside
640.0
Closing Value
662.05
Upside

Communication Cable Trading Date Momentum on July 4, 2023

On July 05 2023 Communication Cable Systems was traded for  630.00  at the closing time. The highest price during the trading period was 640.00  and the lowest recorded bid was listed for  620.00 . The volume for the day was 13 K. This history from July 5, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.56% . The overall trading delta to the current price is 0.78% .

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.
A focus of Communication Cable technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Communication Cable 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

Communication Cable Period Price Range

Low
November 30, 2024
0.00  NaN%
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 November 30, 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.

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.