Sarana Meditama (Indonesia) Price on August 25, 2023

SAME Stock  IDR 260.00  2.00  0.78%   
If you're considering investing in Sarana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sarana Meditama stands at 260.00, as last reported on the 23rd of November, with the highest price reaching 264.00 and the lowest price hitting 258.00 during the day. Sarana Meditama Metr owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0454, which indicates the firm had a -0.0454% return per unit of risk over the last 3 months. Sarana Meditama Metropolitan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sarana Meditama's Coefficient Of Variation of (2,080), variance of 11.28, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Sarana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0454

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Estimated Market Risk

 3.38
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sarana Meditama 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 Sarana Meditama by adding Sarana Meditama to a well-diversified portfolio.

Sarana Meditama Valuation on August 25, 2023

It is possible to determine the worth of Sarana Meditama on a given historical date. On August 25, 2023 Sarana was worth 336.0 at the beginning of the trading date compared to the closed value of 340.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sarana Meditama stock. Still, in general, we apply an absolute valuation method to find Sarana Meditama'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 Sarana Meditama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sarana Meditama's related companies.
 Open High Low Close Volume
  334.00    338.00    324.00    336.00    3,206,100  
08/25/2023
  336.00    350.00    332.00    340.00    9,261,600  
  340.00    370.00    340.00    366.00    19,330,800  
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Open Value
336.0
325.85
Downside
340.0
Closing Value
346.15
Upside

Sarana Meditama Trading Date Momentum on August 25, 2023

On August 28 2023 Sarana Meditama Metropolitan was traded for  366.00  at the closing time. The highest price during the trading period was 370.00  and the lowest recorded bid was listed for  340.00 . The volume for the day was 19.3 M. This history from August 28, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 7.65% . The trading price change to the current price is 5.29% .

Sarana Meditama Metr Fundamentals Correlations and Trends

By evaluating Sarana Meditama'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 Sarana Meditama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sarana financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sarana Meditama Stock history

Sarana Meditama 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 Sarana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sarana Meditama Metr 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 Sarana Meditama stock prices may prove useful in developing a viable investing in Sarana Meditama
PT Sarana Meditama Metropolitan Tbk, together with its subsidiaries, engages in the management of hospitals in Indonesia. PT Sarana Meditama Metropolitan Tbk is a subsidiary of PT Omni Health Care. Sarana Meditama is traded on Jakarta Stock Exchange in Indonesia.

Sarana Meditama Stock Technical Analysis

Sarana Meditama 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.
A focus of Sarana Meditama technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sarana Meditama trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sarana Meditama Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sarana Meditama Metropolitan 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.

Sarana Meditama November 23, 2024 Market Strength

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

Sarana Meditama Technical and Predictive Indicators

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

Other Information on Investing in Sarana Stock

Sarana Meditama financial ratios help investors to determine whether Sarana 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 Sarana with respect to the benefits of owning Sarana Meditama security.