Indika Energy (Indonesia) Price on October 9, 2024
INDY Stock | IDR 1,425 5.00 0.35% |
If you're considering investing in Indika Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indika Energy stands at 1,425, as last reported on the 27th of November, with the highest price reaching 1,460 and the lowest price hitting 1,420 during the day. Indika Energy Tbk holds Efficiency (Sharpe) Ratio of -0.0145, which attests that the entity had a -0.0145% return per unit of risk over the last 3 months. Indika Energy Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indika Energy's Market Risk Adjusted Performance of 0.6262, standard deviation of 2.81, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Indika Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indika |
Sharpe Ratio = -0.0145
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Estimated Market Risk
2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.04 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 Indika Energy 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 Indika Energy by adding Indika Energy to a well-diversified portfolio.
Indika Energy Valuation on October 9, 2024
It is possible to determine the worth of Indika Energy on a given historical date. On October 9, 2024 Indika was worth 1690.0 at the beginning of the trading date compared to the closed value of 1650.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indika Energy stock. Still, in general, we apply an absolute valuation method to find Indika Energy'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 Indika Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indika Energy's related companies.
Open | High | Low | Close | Volume | |
1,770 | 1,770 | 1,680 | 1,690 | 17,235,100 | |
10/09/2024 | 1,690 | 1,690 | 1,635 | 1,650 | 28,681,500 |
1,650 | 1,705 | 1,620 | 1,690 | 11,976,200 |
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Indika Energy Trading Date Momentum on October 9, 2024
On October 10 2024 Indika Energy Tbk was traded for 1,690 at the closing time. The highest price during the trading period was 1,705 and the lowest recorded bid was listed for 1,620 . The volume for the day was 12 M. This history from October 10, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 2.42% . The trading delta at closing time to the current price is 4.24% . |
Indika Energy Tbk Fundamentals Correlations and Trends
By evaluating Indika Energy'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 Indika Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indika financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indika Energy Stock history
Indika Energy 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 Indika is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indika Energy 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 Indika Energy stock prices may prove useful in developing a viable investing in Indika Energy
Indika Energy Tbk operates as an integrated energy company in Indonesia. The company was founded in 1972 and is headquartered in Jakarta, Indonesia. Indika Energy operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 5675 people.
Indika Energy Stock Technical Analysis
Indika Energy 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
Indika Energy Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Indika Energy 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.
Indika Energy November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Indika Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indika Energy shares will generate the highest return on investment. By undertsting and applying Indika Energy stock market strength indicators, traders can identify Indika Energy Tbk entry and exit signals to maximize returns
Indika Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indika Energy's price direction in advance. Along with the technical and fundamental analysis of Indika Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indika 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | 0.6162 |
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Other Information on Investing in Indika Stock
Indika Energy financial ratios help investors to determine whether Indika 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 Indika with respect to the benefits of owning Indika Energy security.