Indah Kiat (Indonesia) Price on September 18, 2023
INKP Stock | IDR 7,225 125.00 1.76% |
If you're considering investing in Indah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indah Kiat stands at 7,225, as last reported on the 26th of November, with the highest price reaching 7,300 and the lowest price hitting 7,125 during the day. Indah Kiat Pulp holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. Indah Kiat Pulp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indah Kiat's Standard Deviation of 1.54, market risk adjusted performance of 2.99, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
Indah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indah |
Sharpe Ratio = -0.1703
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indah Kiat 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 Indah Kiat by adding Indah Kiat to a well-diversified portfolio.
Indah Kiat Valuation on September 18, 2023
It is possible to determine the worth of Indah Kiat on a given historical date. On September 18, 2023 Indah was worth 10540.62 at the beginning of the trading date compared to the closed value of 10441.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indah Kiat stock. Still, in general, we apply an absolute valuation method to find Indah Kiat'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 Indah Kiat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indah Kiat's related companies.
Open | High | Low | Close | Volume | |
10,441 | 10,565 | 10,342 | 10,516 | 5,241,100 | |
09/18/2023 | 10,541 | 10,690 | 10,168 | 10,441 | 5,008,800 |
10,441 | 11,137 | 10,416 | 11,088 | 11,949,300 |
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Indah Kiat Trading Date Momentum on September 18, 2023
On September 19 2023 Indah Kiat Pulp was traded for 11,088 at the closing time. The highest price during the trading period was 11,137 and the lowest recorded bid was listed for 10,416 . The volume for the day was 11.9 M. This history from September 19, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 6.19% . The trading delta at closing time to the current price is 8.33% . |
Indah Kiat Pulp Fundamentals Correlations and Trends
By evaluating Indah Kiat'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 Indah Kiat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indah financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indah Kiat Stock history
Indah Kiat 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 Indah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indah Kiat Pulp 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 Indah Kiat stock prices may prove useful in developing a viable investing in Indah Kiat
Indah Kiat Stock Technical Analysis
Indah Kiat 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
Indah Kiat Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Indah Kiat Pulp 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.
Indah Kiat November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Indah Kiat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indah Kiat shares will generate the highest return on investment. By undertsting and applying Indah Kiat stock market strength indicators, traders can identify Indah Kiat Pulp entry and exit signals to maximize returns
Indah Kiat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indah Kiat's price direction in advance. Along with the technical and fundamental analysis of Indah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indah 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 | (0.12) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 2.98 |
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Other Information on Investing in Indah Stock
Indah Kiat financial ratios help investors to determine whether Indah 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 Indah with respect to the benefits of owning Indah Kiat security.