Elnusa Tbk (Indonesia) Price on October 2, 2024
| ELSA Stock | IDR 442.00 2.00 0.45% |
If you're considering investing in Elnusa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elnusa Tbk stands at 442.00, as last reported on the 1st of December, with the highest price reaching 446.00 and the lowest price hitting 438.00 during the day. Elnusa Tbk secures Sharpe Ratio (or Efficiency) of -0.0645, which denotes the company had a -0.0645% return per unit of risk over the last 3 months. Elnusa Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elnusa Tbk's Variance of 2.81, standard deviation of 1.68, and Mean Deviation of 1.15 to check the risk estimate we provide.
Elnusa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elnusa |
Sharpe Ratio = -0.0645
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| Negative Returns | ELSA |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.11 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 Elnusa Tbk 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 Elnusa Tbk by adding Elnusa Tbk to a well-diversified portfolio.
Elnusa Tbk Valuation on October 2, 2024
It is possible to determine the worth of Elnusa Tbk on a given historical date. On October 2, 2024 Elnusa was worth 480.0 at the beginning of the trading date compared to the closed value of 505.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elnusa Tbk stock. Still, in general, we apply an absolute valuation method to find Elnusa Tbk'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 Elnusa Tbk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elnusa Tbk's related companies.
| Open | High | Low | Close | Volume | |
| 476.00 | 476.00 | 468.00 | 472.00 | 21,767,000 | |
10/02/2024 | 480.00 | 510.00 | 480.00 | 505.00 | 378,025,700 |
| 510.00 | 520.00 | 492.00 | 494.00 | 165,027,400 |
| Backtest Elnusa Tbk | | | Elnusa Tbk History | | | Elnusa Tbk Valuation | Previous | Next |
Elnusa Tbk Trading Date Momentum on October 2, 2024
| On October 03 2024 Elnusa Tbk was traded for 494.00 at the closing time. The highest price during the trading period was 520.00 and the lowest recorded bid was listed for 492.00 . The volume for the day was 165 M. This history from October 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.18% . The overall trading delta to the current price is 3.37% . |
Elnusa Tbk Fundamentals Correlations and Trends
By evaluating Elnusa Tbk'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 Elnusa Tbk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elnusa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elnusa Tbk Stock history
Elnusa Tbk 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 Elnusa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elnusa 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 Elnusa Tbk stock prices may prove useful in developing a viable investing in Elnusa Tbk
Elnusa Tbk Stock Technical Analysis
Elnusa Tbk 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
Elnusa Tbk Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Elnusa 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.
Elnusa Tbk December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Elnusa Tbk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Elnusa Tbk shares will generate the highest return on investment. By undertsting and applying Elnusa Tbk stock market strength indicators, traders can identify Elnusa Tbk entry and exit signals to maximize returns
Elnusa Tbk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elnusa Tbk's price direction in advance. Along with the technical and fundamental analysis of Elnusa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elnusa 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 | (0.05) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.5195 |
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Other Information on Investing in Elnusa Stock
Elnusa Tbk financial ratios help investors to determine whether Elnusa 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 Elnusa with respect to the benefits of owning Elnusa Tbk security.