Fortune Indonesia (Indonesia) Price on November 25, 2024
| FORU Stock | IDR 4,650 160.00 3.33% |
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Indonesia stands at 4,650, as last reported on the 30th of November, with the highest price reaching 4,870 and the lowest price hitting 4,640 during the day. Fortune Indonesia is very steady given 3 months investment horizon. Fortune Indonesia Tbk secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% 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 1.42% are justified by taking the suggested risk. Use Fortune Indonesia Coefficient Of Variation of 546.97, downside deviation of 9.25, and Mean Deviation of 8.33 to evaluate company specific risk that cannot be diversified away.
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortune |
Sharpe Ratio = 0.1431
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Estimated Market Risk
| 9.94 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.42 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Fortune Indonesia is performing at about 11% 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 Fortune Indonesia by adding it to a well-diversified portfolio.
Fortune Indonesia Valuation on November 25, 2024
It is possible to determine the worth of Fortune Indonesia on a given historical date. On November 25, 2024 Fortune was worth 5150.0 at the beginning of the trading date compared to the closed value of 5450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Indonesia stock. Still, in general, we apply an absolute valuation method to find Fortune Indonesia'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 Fortune Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Indonesia's related companies.
| Open | High | Low | Close | Volume | |
| 4,790 | 5,500 | 4,640 | 5,075 | 406,600 | |
11/25/2024 | 5,150 | 5,900 | 4,940 | 5,450 | 778,200 |
| 5,475 | 5,475 | 5,175 | 5,300 | 218,000 |
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Fortune Indonesia Trading Date Momentum on November 25, 2024
| On November 26 2024 Fortune Indonesia Tbk was traded for 5,300 at the closing time. The highest price during the trading period was 5,475 and the lowest recorded bid was listed for 5,175 . The volume for the day was 218 K. This history from November 26, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.75% . The overall trading delta to the current price is 11.74% . |
Fortune Indonesia Tbk Fundamentals Correlations and Trends
By evaluating Fortune Indonesia'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 Fortune Indonesia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortune Indonesia Stock history
Fortune Indonesia 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Indonesia 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 Fortune Indonesia stock prices may prove useful in developing a viable investing in Fortune Indonesia
PT Fortune Indonesia Tbk operates as an advertising agency in Indonesia. PT Fortune Indonesia Tbk is a subsidiary of PT Karya Citra Prima. Fortune Indonesia is traded on Jakarta Stock Exchange in Indonesia.
Fortune Indonesia Stock Technical Analysis
Fortune Indonesia 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
Fortune Indonesia Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Fortune Indonesia 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.
Fortune Indonesia November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortune Indonesia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Indonesia shares will generate the highest return on investment. By undertsting and applying Fortune Indonesia stock market strength indicators, traders can identify Fortune Indonesia Tbk entry and exit signals to maximize returns
Fortune Indonesia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortune Indonesia's price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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 | 0.149 | |||
| Jensen Alpha | 1.77 | |||
| Total Risk Alpha | 0.1469 | |||
| Sortino Ratio | 0.1801 | |||
| Treynor Ratio | 8.8 |
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Other Information on Investing in Fortune Stock
Fortune Indonesia financial ratios help investors to determine whether Fortune 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 Fortune with respect to the benefits of owning Fortune Indonesia security.