Indal Aluminium (Indonesia) Price on November 4, 2024
| INAI Stock | IDR 128.00 8.00 5.88% |
If you're considering investing in Indal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indal Aluminium stands at 128.00, as last reported on the 29th of November, with the highest price reaching 136.00 and the lowest price hitting 128.00 during the day. Indal Aluminium Industry holds Efficiency (Sharpe) Ratio of -0.0706, which attests that the entity had a -0.0706% return per unit of risk over the last 3 months. Indal Aluminium Industry exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indal Aluminium's Risk Adjusted Performance of (0.04), standard deviation of 2.66, and Market Risk Adjusted Performance of 0.8335 to validate the risk estimate we provide.
Indal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indal |
Sharpe Ratio = -0.0706
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Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indal Aluminium 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 Indal Aluminium by adding Indal Aluminium to a well-diversified portfolio.
Indal Aluminium Valuation on November 4, 2024
It is possible to determine the worth of Indal Aluminium on a given historical date. On November 4, 2024 Indal was worth 137.0 at the beginning of the trading date compared to the closed value of 135.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indal Aluminium stock. Still, in general, we apply an absolute valuation method to find Indal Aluminium'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 Indal Aluminium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indal Aluminium's related companies.
| Open | High | Low | Close | Volume | |
| 139.00 | 141.00 | 137.00 | 137.00 | 2,000 | |
11/04/2024 | 137.00 | 138.00 | 124.00 | 135.00 | 200,300 |
| 134.00 | 141.00 | 134.00 | 137.00 | 100,200 |
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Indal Aluminium Trading Date Momentum on November 4, 2024
| On November 05 2024 Indal Aluminium Industry was traded for 137.00 at the closing time. The highest price during the trading period was 141.00 and the lowest recorded bid was listed for 134.00 . The volume for the day was 100.2 K. This history from November 5, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 1.48% . The trading delta at closing time to the current price is 5.19% . |
Indal Aluminium Industry Fundamentals Correlations and Trends
By evaluating Indal Aluminium'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 Indal Aluminium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indal Aluminium Stock history
Indal Aluminium 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 Indal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indal Aluminium Industry 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 Indal Aluminium stock prices may prove useful in developing a viable investing in Indal Aluminium
Indal Aluminium Stock Technical Analysis
Indal Aluminium 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
Indal Aluminium Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Indal Aluminium Industry 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.
Indal Aluminium November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Indal Aluminium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indal Aluminium shares will generate the highest return on investment. By undertsting and applying Indal Aluminium stock market strength indicators, traders can identify Indal Aluminium Industry entry and exit signals to maximize returns
Indal Aluminium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indal Aluminium's price direction in advance. Along with the technical and fundamental analysis of Indal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indal 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 | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 0.8235 |
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Other Information on Investing in Indal Stock
Indal Aluminium financial ratios help investors to determine whether Indal 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 Indal with respect to the benefits of owning Indal Aluminium security.