Vale Indonesia (Indonesia) Price on August 15, 2023
INCO Stock | IDR 3,660 10.00 0.27% |
If you're considering investing in Vale Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vale Indonesia stands at 3,660, as last reported on the 27th of November, with the highest price reaching 3,700 and the lowest price hitting 3,650 during the day. Vale Indonesia Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0059, which indicates the firm had a -0.0059% return per unit of risk over the last 3 months. Vale Indonesia Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vale Indonesia's Variance of 3.0, coefficient of variation of (3,766), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Vale Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vale |
Sharpe Ratio = -0.0059
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Estimated Market Risk
1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vale Indonesia 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 Vale Indonesia by adding Vale Indonesia to a well-diversified portfolio.
Vale Indonesia Valuation on August 15, 2023
It is possible to determine the worth of Vale Indonesia on a given historical date. On August 15, 2023 Vale was worth 6425.0 at the beginning of the trading date compared to the closed value of 6375.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vale Indonesia stock. Still, in general, we apply an absolute valuation method to find Vale 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 Vale Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vale Indonesia's related companies.
Open | High | Low | Close | Volume | |
6,325 | 6,450 | 6,250 | 6,400 | 31,931,300 | |
08/15/2023 | 6,425 | 6,425 | 6,350 | 6,375 | 11,515,300 |
6,350 | 6,375 | 6,100 | 6,150 | 21,981,400 |
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Vale Indonesia Trading Date Momentum on August 15, 2023
On August 16 2023 Vale Indonesia Tbk was traded for 6,150 at the closing time. The highest price during the trading period was 6,375 and the lowest recorded bid was listed for 6,100 . The volume for the day was 22 M. This history from August 16, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.53% . The trading price change to the current price is 6.27% . |
Vale Indonesia Tbk Fundamentals Correlations and Trends
By evaluating Vale 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 Vale Indonesia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vale financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vale Indonesia Stock history
Vale 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 Vale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vale 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 Vale Indonesia stock prices may prove useful in developing a viable investing in Vale Indonesia
PT Vale Indonesia Tbk engages in the exploration, development, mining, processing, production, storage, transportation, and marketing of nickel and related mineral products in Indonesia. PT Vale Indonesia Tbk is a subsidiary of Vale Canada Limited. Vale Indonesia operates under Industrial Metals Minerals classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 3074 people.
Vale Indonesia Stock Technical Analysis
Vale 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
Vale Indonesia Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Vale 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.
Vale Indonesia November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Vale 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 Vale Indonesia shares will generate the highest return on investment. By undertsting and applying Vale Indonesia stock market strength indicators, traders can identify Vale Indonesia Tbk entry and exit signals to maximize returns
Vale Indonesia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vale Indonesia's price direction in advance. Along with the technical and fundamental analysis of Vale Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vale 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 | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.2341 |
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Other Information on Investing in Vale Stock
Vale Indonesia financial ratios help investors to determine whether Vale 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 Vale with respect to the benefits of owning Vale Indonesia security.