Cita Mineral (Indonesia) Price on September 12, 2024
| CITA Stock | IDR 3,450 90.00 2.54% |
If you're considering investing in Cita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cita Mineral stands at 3,450, as last reported on the 29th of November, with the highest price reaching 3,540 and the lowest price hitting 3,310 during the day. Cita Mineral appears to be very steady, given 3 months investment horizon. Cita Mineral Investindo secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By analyzing Cita Mineral's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Cita Mineral's Risk Adjusted Performance of 0.1433, mean deviation of 2.11, and Downside Deviation of 2.94 to double-check if our risk estimates are consistent with your expectations.
Cita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cita |
Sharpe Ratio = 0.1721
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Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Cita Mineral is performing at about 13% 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 Cita Mineral by adding it to a well-diversified portfolio.
Cita Mineral Valuation on September 12, 2024
It is possible to determine the worth of Cita Mineral on a given historical date. On September 12, 2024 Cita was worth 2490.0 at the beginning of the trading date compared to the closed value of 2490.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cita Mineral stock. Still, in general, we apply an absolute valuation method to find Cita Mineral'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 Cita Mineral where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cita Mineral's related companies.
| Open | High | Low | Close | Volume | |
| 2,490 | 2,490 | 2,490 | 2,490 | 600.00 | |
09/12/2024 | 2,490 | 2,490 | 2,490 | 2,490 | 100.00 |
| 2,490 | 2,490 | 2,490 | 2,490 | 1,600 |
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Cita Mineral Trading Date Momentum on September 12, 2024
| On September 13 2024 Cita Mineral Investindo was traded for 2,490 at the closing time. The highest price during the trading period was 2,490 and the lowest recorded bid was listed for 2,490 . The volume for the day was 1.6 K. This history from September 13, 2024 did not affect price variability. The overall trading delta to the current price is 0.40% . |
Cita Mineral Investindo Fundamentals Correlations and Trends
By evaluating Cita Mineral'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 Cita Mineral's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cita Mineral Stock history
Cita Mineral 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 Cita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cita Mineral Investindo 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 Cita Mineral stock prices may prove useful in developing a viable investing in Cita Mineral
PT Cita Mineral Investindo Tbk engages in bauxite mining activities in Indonesia. PT Cita Mineral Investindo Tbk is a subsidiary of PT Harita Jayaraya Inc. Cita Mineral operates under Other Industrial Metals Mining classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 294 people.
Cita Mineral Stock Technical Analysis
Cita Mineral 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
Cita Mineral Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Cita Mineral Investindo 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.
Cita Mineral November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cita Mineral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cita Mineral shares will generate the highest return on investment. By undertsting and applying Cita Mineral stock market strength indicators, traders can identify Cita Mineral Investindo entry and exit signals to maximize returns
Cita Mineral Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cita Mineral's price direction in advance. Along with the technical and fundamental analysis of Cita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cita 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 | 0.1433 | |||
| Jensen Alpha | 0.7307 | |||
| Total Risk Alpha | 0.0844 | |||
| Sortino Ratio | 0.174 | |||
| Treynor Ratio | (0.70) |
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Other Information on Investing in Cita Stock
Cita Mineral financial ratios help investors to determine whether Cita 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 Cita with respect to the benefits of owning Cita Mineral security.