Multi Spunindo (Indonesia) Price on January 3, 2024

MSJA Stock   354.00  2.00  0.57%   
If you're considering investing in Multi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multi Spunindo stands at 354.00, as last reported on the 11th of December 2024, with the highest price reaching 368.00 and the lowest price hitting 350.00 during the day. As of now, Multi Stock is very steady. Multi Spunindo Jaya has Sharpe Ratio of 0.0103, which conveys that the firm had a 0.0103% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Multi Spunindo, which you can use to evaluate the volatility of the firm. Please verify Multi Spunindo's Risk Adjusted Performance of 0.0155, downside deviation of 3.51, and Mean Deviation of 2.28 to check out if the risk estimate we provide is consistent with the expected return of 0.0379%.
  
Multi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0103

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Estimated Market Risk

 3.68
  actual daily
32
68% 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 Multi Spunindo 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 Multi Spunindo by adding Multi Spunindo to a well-diversified portfolio.

Multi Spunindo Valuation on January 3, 2024

It is possible to determine the worth of Multi Spunindo on a given historical date. On January 3, 2024 Multi was worth 354.04 at the beginning of the trading date compared to the closed value of 340.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi Spunindo stock. Still, in general, we apply an absolute valuation method to find Multi Spunindo'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 Multi Spunindo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi Spunindo's related companies.
 Open High Low Close Volume
01/10/2024
  354.04    365.84    277.33    340.27    658,989,300  
  342.24    424.85    316.67    420.91    424,914,200  
Backtest Multi Spunindo  |  Multi Spunindo HistoryNext  
Open Value
354.04
343.01
Downside
340.27
Closing Value
365.07
Upside

Multi Spunindo Trading Date Momentum on January 3, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Price Boundaries

Multi Spunindo Period Price Range

Low
December 11, 2024
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High

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Multi Spunindo Jaya 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.

Multi Spunindo December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Multi Spunindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multi Spunindo shares will generate the highest return on investment. By undertsting and applying Multi Spunindo stock market strength indicators, traders can identify Multi Spunindo Jaya entry and exit signals to maximize returns

Multi Spunindo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Multi Spunindo's price direction in advance. Along with the technical and fundamental analysis of Multi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Multi 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.