Radiant Utama (Indonesia) Price on September 15, 2023
RUIS Stock | IDR 171.00 1.00 0.58% |
If you're considering investing in Radiant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Radiant Utama stands at 171.00, as last reported on the 27th of November, with the highest price reaching 173.00 and the lowest price hitting 170.00 during the day. Radiant Utama Interinsco maintains Sharpe Ratio (i.e., Efficiency) of -0.0306, which implies the firm had a -0.0306% return per unit of risk over the last 3 months. Radiant Utama Interinsco exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radiant Utama's Coefficient Of Variation of (3,492), variance of 1.08, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Radiant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Radiant |
Sharpe Ratio = -0.0306
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Estimated Market Risk
1.03 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
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Radiant Utama 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 Radiant Utama by adding Radiant Utama to a well-diversified portfolio.
Radiant Utama Valuation on September 15, 2023
It is possible to determine the worth of Radiant Utama on a given historical date. On September 15, 2023 Radiant was worth 288.0 at the beginning of the trading date compared to the closed value of 318.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Radiant Utama stock. Still, in general, we apply an absolute valuation method to find Radiant Utama'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 Radiant Utama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Radiant Utama's related companies.
Open | High | Low | Close | Volume | |
288.00 | 290.00 | 268.00 | 282.00 | 11,368,600 | |
09/15/2023 | 288.00 | 332.00 | 286.00 | 318.00 | 47,545,100 |
322.00 | 394.00 | 318.00 | 374.00 | 56,205,600 |
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Radiant Utama Trading Date Momentum on September 15, 2023
On September 18 2023 Radiant Utama Interinsco was traded for 374.00 at the closing time. The highest price during the trading period was 394.00 and the lowest recorded bid was listed for 318.00 . The volume for the day was 56.2 M. This history from September 18, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 17.61% . The trading delta at closing time to the current price is 22.64% . |
Radiant Utama Interinsco Fundamentals Correlations and Trends
By evaluating Radiant Utama'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 Radiant Utama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Radiant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Radiant Utama Stock history
Radiant Utama 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 Radiant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Radiant Utama Interinsco 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 Radiant Utama stock prices may prove useful in developing a viable investing in Radiant Utama
PT Radiant Utama Interinsco Tbk, together with its subsidiaries, provides technical support services to the oil and gas sector primarily in Indonesia. PT Radiant Utama Interinsco Tbk was incorporated in 1984 and is headquartered in Jakarta, Indonesia. Radiant Utama operates under Oil Gas Equipment Services classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 305 people.
Radiant Utama Stock Technical Analysis
Radiant Utama 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
Radiant Utama Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Radiant Utama Interinsco 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.
Radiant Utama November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Radiant Utama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Radiant Utama shares will generate the highest return on investment. By undertsting and applying Radiant Utama stock market strength indicators, traders can identify Radiant Utama Interinsco entry and exit signals to maximize returns
Radiant Utama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Radiant Utama's price direction in advance. Along with the technical and fundamental analysis of Radiant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Radiant 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 | (0.02) | |||
Jensen Alpha | 0.0238 | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 0.0753 |
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Other Information on Investing in Radiant Stock
Radiant Utama financial ratios help investors to determine whether Radiant 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 Radiant with respect to the benefits of owning Radiant Utama security.