Prima Globalindo (Indonesia) Price on August 9, 2023
PPGL Stock | IDR 102.00 1.00 0.99% |
If you're considering investing in Prima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prima Globalindo stands at 102.00, as last reported on the 3rd of December, with the highest price reaching 103.00 and the lowest price hitting 102.00 during the day. Prima Globalindo Logistik maintains Sharpe Ratio (i.e., Efficiency) of -0.0248, which implies the firm had a -0.0248% return per unit of risk over the last 3 months. Prima Globalindo Logistik exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prima Globalindo's Risk Adjusted Performance of 0.0057, semi deviation of 0.7919, and Coefficient Of Variation of 25857.02 to confirm the risk estimate we provide.
Prima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prima |
Sharpe Ratio = -0.0248
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Estimated Market Risk
1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prima Globalindo 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 Prima Globalindo by adding Prima Globalindo to a well-diversified portfolio.
Prima Globalindo Valuation on August 9, 2023
It is possible to determine the worth of Prima Globalindo on a given historical date. On August 9, 2023 Prima was worth 91.89 at the beginning of the trading date compared to the closed value of 91.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prima Globalindo stock. Still, in general, we apply an absolute valuation method to find Prima Globalindo'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 Prima Globalindo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prima Globalindo's related companies.
Open | High | Low | Close | Volume | |
88.36 | 96.31 | 87.47 | 93.66 | 1,344,500 | |
08/09/2023 | 91.89 | 93.66 | 88.36 | 91.01 | 1,284,300 |
91.01 | 91.89 | 90.12 | 91.01 | 435,300 |
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Prima Globalindo Trading Date Momentum on August 9, 2023
On August 10 2023 Prima Globalindo Logistik was traded for 91.01 at the closing time. The highest price during the trading period was 91.89 and the lowest recorded bid was listed for 90.12 . The volume for the day was 435.3 K. This history from August 10, 2023 did not cause price change. The trading delta at closing time to the current price is 1.94% . |
Prima Globalindo Logistik Fundamentals Correlations and Trends
By evaluating Prima Globalindo'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 Prima Globalindo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prima Globalindo Stock history
Prima Globalindo 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 Prima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prima Globalindo Logistik 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 Prima Globalindo stock prices may prove useful in developing a viable investing in Prima Globalindo
Pt Prima Globalindo Logistik provides freight forwarding and land transportation services for export and import in Indonesia. The company was founded in 2015 and is headquartered in North Jakarta, Indonesia. Prima Globalindo operates under Integrated Freight Logistics classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 55 people.
Prima Globalindo Stock Technical Analysis
Prima Globalindo 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
Prima Globalindo Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Prima Globalindo Logistik 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.
Prima Globalindo December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Prima Globalindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prima Globalindo shares will generate the highest return on investment. By undertsting and applying Prima Globalindo stock market strength indicators, traders can identify Prima Globalindo Logistik entry and exit signals to maximize returns
Prima Globalindo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prima Globalindo's price direction in advance. Along with the technical and fundamental analysis of Prima Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prima 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 | 0.0057 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | (0.12) |
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Other Information on Investing in Prima Stock
Prima Globalindo financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Globalindo security.