Hoffmen Cleanindo (Indonesia) Price on November 25, 2024
| KING Stock | 161.00 4.00 2.42% |
If you're considering investing in Hoffmen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hoffmen Cleanindo stands at 161.00, as last reported on the 29th of November, with the highest price reaching 165.00 and the lowest price hitting 161.00 during the day. Hoffmen Cleanindo holds Efficiency (Sharpe) Ratio of -0.0365, which attests that the entity had a -0.0365% return per unit of risk over the last 3 months. Hoffmen Cleanindo exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hoffmen Cleanindo's Market Risk Adjusted Performance of (0.26), standard deviation of 2.12, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Hoffmen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hoffmen |
Sharpe Ratio = -0.0365
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| Negative Returns | KING |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hoffmen Cleanindo 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 Hoffmen Cleanindo by adding Hoffmen Cleanindo to a well-diversified portfolio.
Hoffmen Cleanindo Valuation on November 25, 2024
It is possible to determine the worth of Hoffmen Cleanindo on a given historical date. On November 25, 2024 Hoffmen was worth 166.0 at the beginning of the trading date compared to the closed value of 167.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hoffmen Cleanindo stock. Still, in general, we apply an absolute valuation method to find Hoffmen Cleanindo'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 Hoffmen Cleanindo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hoffmen Cleanindo's related companies.
| Open | High | Low | Close | Volume | |
| 163.00 | 168.00 | 161.00 | 167.00 | 1,816,000 | |
11/25/2024 | 166.00 | 167.00 | 165.00 | 167.00 | 663,100 |
| 166.00 | 166.00 | 164.00 | 165.00 | 257,100 |
| Backtest Hoffmen Cleanindo | | | Hoffmen Cleanindo History | Previous | Next |
Hoffmen Cleanindo Trading Date Momentum on November 25, 2024
| On November 26 2024 Hoffmen Cleanindo was traded for 165.00 at the closing time. The highest price during the trading period was 166.00 and the lowest recorded bid was listed for 164.00 . The volume for the day was 257.1 K. This history from November 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.20% . The trading delta at closing time to the current price is 1.20% . |
Price Boundaries
Hoffmen Cleanindo Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Hoffmen Cleanindo November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hoffmen Cleanindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoffmen Cleanindo shares will generate the highest return on investment. By undertsting and applying Hoffmen Cleanindo stock market strength indicators, traders can identify Hoffmen Cleanindo entry and exit signals to maximize returns
Hoffmen Cleanindo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hoffmen Cleanindo's price direction in advance. Along with the technical and fundamental analysis of Hoffmen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hoffmen 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.