Ancora Indonesia (Indonesia) Price on March 14, 2023
OKAS Stock | IDR 107.00 1.00 0.94% |
If you're considering investing in Ancora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ancora Indonesia stands at 107.00, as last reported on the 11th of December 2024, with the highest price reaching 113.00 and the lowest price hitting 105.00 during the day. Ancora Indonesia Res secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Ancora Indonesia Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ancora Indonesia's mean deviation of 1.96, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Ancora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ancora |
Sharpe Ratio = -0.1098
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Estimated Market Risk
2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ancora Indonesia 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 Ancora Indonesia by adding Ancora Indonesia to a well-diversified portfolio.
Ancora Indonesia Valuation on March 14, 2023
It is possible to determine the worth of Ancora Indonesia on a given historical date. On March 14, 2023 Ancora was worth 132.0 at the beginning of the trading date compared to the closed value of 120.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ancora Indonesia stock. Still, in general, we apply an absolute valuation method to find Ancora Indonesia'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 Ancora Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ancora Indonesia's related companies.
Open | High | Low | Close | Volume | |
125.00 | 138.00 | 125.00 | 129.00 | 13,475,400 | |
03/14/2023 | 132.00 | 134.00 | 120.00 | 120.00 | 12,791,200 |
112.00 | 126.00 | 112.00 | 123.00 | 3,603,900 |
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Ancora Indonesia Trading Date Momentum on March 14, 2023
On March 15 2023 Ancora Indonesia Resources was traded for 123.00 at the closing time. The highest price during the trading period was 126.00 and the lowest recorded bid was listed for 112.00 . The volume for the day was 3.6 M. This history from March 15, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 2.50% . The overall trading delta to the current price is 1.67% . |
Ancora Indonesia Res Fundamentals Correlations and Trends
By evaluating Ancora Indonesia'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 Ancora Indonesia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ancora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ancora Indonesia Stock history
Ancora Indonesia 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 Ancora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ancora Indonesia Res 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 Ancora Indonesia stock prices may prove useful in developing a viable investing in Ancora Indonesia
Ancora Indonesia Stock Technical Analysis
Ancora Indonesia 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
Ancora Indonesia Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ancora Indonesia Resources 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.
Ancora Indonesia December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ancora Indonesia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ancora Indonesia shares will generate the highest return on investment. By undertsting and applying Ancora Indonesia stock market strength indicators, traders can identify Ancora Indonesia Resources entry and exit signals to maximize returns
Ancora Indonesia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ancora Indonesia's price direction in advance. Along with the technical and fundamental analysis of Ancora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ancora 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 | (0.04) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 1.1 |
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Other Information on Investing in Ancora Stock
Ancora Indonesia financial ratios help investors to determine whether Ancora 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 Ancora with respect to the benefits of owning Ancora Indonesia security.