Central Omega (Indonesia) Price on September 6, 2024
| DKFT Stock | IDR 220.00 6.00 2.65% |
If you're considering investing in Central Stock, it is important to understand the factors that can impact its price. As of today, the current price of Central Omega stands at 220.00, as last reported on the 23rd of November, with the highest price reaching 232.00 and the lowest price hitting 218.00 during the day. Central Omega is very steady given 3 months investment horizon. Central Omega Resources secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Central Omega Downside Deviation of 2.72, mean deviation of 3.31, and Risk Adjusted Performance of 0.1485 to evaluate company specific risk that cannot be diversified away.
Central Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Central |
Sharpe Ratio = 0.1853
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.05 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Central Omega is performing at about 14% 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 Central Omega by adding it to a well-diversified portfolio.
Central Omega Valuation on September 6, 2024
It is possible to determine the worth of Central Omega on a given historical date. On September 6, 2024 Central was worth 119.0 at the beginning of the trading date compared to the closed value of 118.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Central Omega stock. Still, in general, we apply an absolute valuation method to find Central Omega'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 Central Omega where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Central Omega's related companies.
| Open | High | Low | Close | Volume | |
| 118.00 | 120.00 | 117.00 | 118.00 | 2,110,300 | |
09/06/2024 | 119.00 | 121.00 | 117.00 | 118.00 | 5,007,800 |
| 118.00 | 119.00 | 117.00 | 117.00 | 4,168,500 |
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Central Omega Trading Date Momentum on September 6, 2024
| On September 09 2024 Central Omega Resources was traded for 117.00 at the closing time. The highest price during the trading period was 119.00 and the lowest recorded bid was listed for 117.00 . The volume for the day was 4.2 M. This history from September 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.85% . The overall trading delta to the current price is 4.24% . |
Central Omega Resources Fundamentals Correlations and Trends
By evaluating Central Omega'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 Central Omega's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Central financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Central Omega Stock history
Central Omega 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 Central is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Central Omega Resources 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 Central Omega stock prices may prove useful in developing a viable investing in Central Omega
PT Central Omega Resources Tbk, together with its subsidiaries, engages in the mining and trading of mineral resources in Indonesia. PT Central Omega Resources Tbk is a subsidiary of PT Jinsheng Mining. Central Omega operates under Other Industrial Metals Mining classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 810 people.
Central Omega Stock Technical Analysis
Central Omega 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
Central Omega Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Central Omega Resources 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.
Central Omega November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Central Omega stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Central Omega shares will generate the highest return on investment. By undertsting and applying Central Omega stock market strength indicators, traders can identify Central Omega Resources entry and exit signals to maximize returns
Central Omega Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Central Omega's price direction in advance. Along with the technical and fundamental analysis of Central Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Central 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 | 0.1485 | |||
| Jensen Alpha | 0.9924 | |||
| Total Risk Alpha | 0.1293 | |||
| Sortino Ratio | 0.3276 | |||
| Treynor Ratio | 6.41 |
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Other Information on Investing in Central Stock
Central Omega financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Omega security.