Cemindo Gemilang (Indonesia) Price on November 29, 2024

CMNT Stock   965.00  5.00  0.52%   
If you're considering investing in Cemindo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cemindo Gemilang stands at 965.00, as last reported on the 2nd of December, with the highest price reaching 975.00 and the lowest price hitting 950.00 during the day. Cemindo Gemilang Tbk secures Sharpe Ratio (or Efficiency) of -0.0548, which signifies that the company had a -0.0548% return per unit of risk over the last 3 months. Cemindo Gemilang Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemindo Gemilang's Mean Deviation of 1.32, risk adjusted performance of (0.04), and Standard Deviation of 1.96 to double-check the risk estimate we provide.
  
Cemindo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0548

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Estimated Market Risk

 1.96
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cemindo Gemilang 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 Cemindo Gemilang by adding Cemindo Gemilang to a well-diversified portfolio.

Cemindo Gemilang Valuation on November 29, 2024

It is possible to determine the worth of Cemindo Gemilang on a given historical date. On November 29, 2024 Cemindo was worth 955.0 at the beginning of the trading date compared to the closed value of 965.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cemindo Gemilang stock. Still, in general, we apply an absolute valuation method to find Cemindo Gemilang'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 Cemindo Gemilang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cemindo Gemilang's related companies.
 Open High Low Close Volume
  955.00    960.00    945.00    960.00    46,871,300  
11/29/2024
  955.00    975.00    950.00    965.00    36,140,500  
  955.00    975.00    950.00    965.00    0.00  
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Open Value
955.0
949.11
Downside
965.0
Closing Value
960.89
Upside

Cemindo Gemilang Trading Date Momentum on November 29, 2024

On December 02 2024 Cemindo Gemilang Tbk was traded for  965.00  at the closing time. The highest price during the trading period was 975.00  and the lowest recorded bid was listed for  950.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 1.04% .

Cemindo Gemilang Tbk Fundamentals Correlations and Trends

By evaluating Cemindo Gemilang'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 Cemindo Gemilang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cemindo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cemindo Gemilang Stock history

Cemindo Gemilang 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 Cemindo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cemindo Gemilang 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 Cemindo Gemilang stock prices may prove useful in developing a viable investing in Cemindo Gemilang

Cemindo Gemilang Stock Technical Analysis

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

Cemindo Gemilang Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cemindo Gemilang 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.

Cemindo Gemilang December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Cemindo Gemilang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cemindo Gemilang shares will generate the highest return on investment. By undertsting and applying Cemindo Gemilang stock market strength indicators, traders can identify Cemindo Gemilang Tbk entry and exit signals to maximize returns

Cemindo Gemilang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cemindo Gemilang's price direction in advance. Along with the technical and fundamental analysis of Cemindo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cemindo 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 Cemindo Stock

Cemindo Gemilang financial ratios help investors to determine whether Cemindo 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 Cemindo with respect to the benefits of owning Cemindo Gemilang security.