Chandra Asri Petrochemical Stock Price on September 19, 2024
| PTCAY Stock | USD 62.61 0.00 0.00% |
If you're considering investing in Chandra Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Chandra Asri stands at 62.61, as last reported on the 4th of December, with the highest price reaching 62.61 and the lowest price hitting 62.61 during the day. Chandra Asri is not too volatile given 3 months investment horizon. Chandra Asri Petroch secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to analyze seventeen different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Chandra Asri risk adjusted performance of 0.103, and Mean Deviation of 2.0 to evaluate company specific risk that cannot be diversified away.
Chandra Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Chandra |
Sharpe Ratio = 0.126
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Estimated Market Risk
| 8.46 actual daily | 75 75% of assets are less volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Chandra Asri is performing at about 9% of its full potential. 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 Chandra Asri by adding it to a well-diversified portfolio.
Chandra Asri Valuation on September 19, 2024
It is possible to determine the worth of Chandra Asri on a given historical date. On September 19, 2024 Chandra was worth 62.61 at the beginning of the trading date compared to the closed value of 62.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chandra Asri pink sheet. Still, in general, we apply an absolute valuation method to find Chandra Asri'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 Chandra Asri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chandra Asri's related companies.
| Open | High | Low | Close | Volume | |
| 62.61 | 62.61 | 62.61 | 62.61 | 1.00 | |
09/19/2024 | 62.61 | 62.61 | 62.61 | 62.61 | 1.00 |
| 60.85 | 62.61 | 60.85 | 62.61 | 5.00 |
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Chandra Asri Trading Date Momentum on September 19, 2024
| On September 20 2024 Chandra Asri Petrochemical was traded for 62.61 at the closing time. The highest daily price throughout the period was 62.61 and the lowest price was 60.85 . The daily volume was 5.0. The net trading volume on 09/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Chandra Asri Petroch Fundamentals Correlations and Trends
By evaluating Chandra Asri'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 Chandra Asri's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chandra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chandra Asri Pink Sheet history
Chandra Asri 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 Chandra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chandra Asri Petroch 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 Chandra Asri stock prices may prove useful in developing a viable investing in Chandra Asri
Chandra Asri Petrochemical Tbk, together with its subsidiaries, operates as an integrated petrochemical company in Indonesia and Singapore. Chandra Asri Petrochemical Tbk was founded in 1984 and is headquartered in Jakarta, Indonesia. Pt Chandra operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 2114 people.
Chandra Asri Pink Sheet Technical Analysis
Chandra Asri technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Chandra Asri Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Chandra Asri Petrochemical cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Chandra Asri December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Chandra Asri pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chandra Asri shares will generate the highest return on investment. By undertsting and applying Chandra Asri pink sheet market strength indicators, traders can identify Chandra Asri Petrochemical entry and exit signals to maximize returns
Chandra Asri Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chandra Asri's price direction in advance. Along with the technical and fundamental analysis of Chandra Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chandra 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 | 0.103 | |||
| Jensen Alpha | 0.9725 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 2.94 |
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Additional Tools for Chandra Pink Sheet Analysis
When running Chandra Asri's price analysis, check to measure Chandra Asri's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chandra Asri is operating at the current time. Most of Chandra Asri's value examination focuses on studying past and present price action to predict the probability of Chandra Asri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chandra Asri's price. Additionally, you may evaluate how the addition of Chandra Asri to your portfolios can decrease your overall portfolio volatility.