PT Mulia (Indonesia) Price on May 31, 2023
MLIA Stock | IDR 312.00 6.00 1.89% |
If you're considering investing in MLIA Stock, it is important to understand the factors that can impact its price. As of today, the current price of PT Mulia stands at 312.00, as last reported on the 2nd of December, with the highest price reaching 320.00 and the lowest price hitting 312.00 during the day. PT Mulia Industrindo retains Efficiency (Sharpe Ratio) of -0.22, which implies the firm had a -0.22% return per unit of price deviation over the last 3 months. PT Mulia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Mulia's market risk adjusted performance of (17.94), and Information Ratio of (0.38) to confirm the risk estimate we provide.
MLIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MLIA |
Sharpe Ratio = -0.2223
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MLIA |
Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PT Mulia 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 PT Mulia by adding PT Mulia to a well-diversified portfolio.
PT Mulia Valuation on May 31, 2023
It is possible to determine the worth of PT Mulia on a given historical date. On May 31, 2023 MLIA was worth 437.51 at the beginning of the trading date compared to the closed value of 437.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PT Mulia stock. Still, in general, we apply an absolute valuation method to find PT Mulia'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 PT Mulia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PT Mulia's related companies.
Open | High | Low | Close | Volume | |
446.59 | 446.59 | 433.88 | 437.51 | 7,110,600 | |
05/31/2023 | 437.51 | 439.33 | 430.25 | 437.51 | 4,191,400 |
437.51 | 439.33 | 432.07 | 437.51 | 2,971,200 |
Backtest PT Mulia | | | PT Mulia History | | | PT Mulia Valuation | Previous | Next |
PT Mulia Trading Date Momentum on May 31, 2023
On June 05 2023 PT Mulia Industrindo was traded for 437.51 at the closing time. The highest price during the trading period was 439.33 and the lowest recorded bid was listed for 432.07 . The volume for the day was 3 M. This history from June 5, 2023 did not cause price change. The trading delta at closing time to the current price is 0.44% . |
PT Mulia Industrindo Fundamentals Correlations and Trends
By evaluating PT Mulia'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 PT Mulia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MLIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PT Mulia Stock history
PT Mulia 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 MLIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PT Mulia Industrindo 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 PT Mulia stock prices may prove useful in developing a viable investing in PT Mulia
PT Mulia Industrindo Tbk, together with its subsidiaries, manufactures and sells glass in Indonesia. PT Mulia Industrindo Tbk was founded in 1986 and is headquartered in South Jakarta, Indonesia. Mulia Industrindo operates under Building Products Equipment classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 3259 people.
PT Mulia Stock Technical Analysis
PT Mulia 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
PT Mulia Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
PT Mulia Industrindo 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.
PT Mulia December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how PT Mulia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PT Mulia shares will generate the highest return on investment. By undertsting and applying PT Mulia stock market strength indicators, traders can identify PT Mulia Industrindo entry and exit signals to maximize returns
PT Mulia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PT Mulia's price direction in advance. Along with the technical and fundamental analysis of MLIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MLIA 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 | (0.18) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (17.95) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in MLIA Stock
PT Mulia financial ratios help investors to determine whether MLIA 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 MLIA with respect to the benefits of owning PT Mulia security.