Erajaya Swasembada (Indonesia) Price on September 6, 2023

ERAA Stock  IDR 416.00  4.00  0.95%   
If you're considering investing in Erajaya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Erajaya Swasembada stands at 416.00, as last reported on the 30th of November, with the highest price reaching 424.00 and the lowest price hitting 414.00 during the day. Erajaya Swasembada Tbk secures Sharpe Ratio (or Efficiency) of -0.0017, which denotes the company had a -0.0017% return per unit of standard deviation over the last 3 months. Erajaya Swasembada Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Erajaya Swasembada's Standard Deviation of 2.31, coefficient of variation of (3,179), and Mean Deviation of 1.68 to check the risk estimate we provide.
  
Erajaya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0017

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Estimated Market Risk

 2.32
  actual daily
20
80% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
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Most of other assets perform better
Based on monthly moving average Erajaya Swasembada 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 Erajaya Swasembada by adding Erajaya Swasembada to a well-diversified portfolio.

Erajaya Swasembada Valuation on September 6, 2023

It is possible to determine the worth of Erajaya Swasembada on a given historical date. On September 6, 2023 Erajaya was worth 466.84 at the beginning of the trading date compared to the closed value of 463.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erajaya Swasembada stock. Still, in general, we apply an absolute valuation method to find Erajaya Swasembada'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 Erajaya Swasembada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erajaya Swasembada's related companies.
 Open High Low Close Volume
  470.66    470.66    459.18    466.84    22,284,700  
09/06/2023
  466.84    466.84    459.18    463.01    28,751,600  
  463.01    463.01    457.27    457.27    31,770,000  
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Open Value
466.84
459.89
Downside
463.01
Closing Value
473.79
Upside

Erajaya Swasembada Trading Date Momentum on September 6, 2023

On September 07 2023 Erajaya Swasembada Tbk was traded for  457.27  at the closing time. The highest price during the trading period was 463.01  and the lowest recorded bid was listed for  457.27 . The volume for the day was 31.8 M. This history from September 7, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.24% . The overall trading delta to the current price is 1.65% .

Erajaya Swasembada Tbk Fundamentals Correlations and Trends

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

About Erajaya Swasembada Stock history

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

Erajaya Swasembada Stock Technical Analysis

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

Erajaya Swasembada Period Price Range

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November 30, 2024
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Erajaya Swasembada 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.

Erajaya Swasembada November 30, 2024 Market Strength

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

Erajaya Swasembada Technical and Predictive Indicators

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

Erajaya Swasembada financial ratios help investors to determine whether Erajaya 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 Erajaya with respect to the benefits of owning Erajaya Swasembada security.