Sumber Global (Indonesia) Price on November 2, 2023
SGER Stock | IDR 400.00 6.00 1.48% |
If you're considering investing in Sumber Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sumber Global stands at 400.00, as last reported on the 28th of November, with the highest price reaching 402.00 and the lowest price hitting 392.00 during the day. Sumber Global Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0058, which indicates the firm had a -0.0058% return per unit of risk over the last 3 months. Sumber Global Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumber Global's Variance of 14.56, risk adjusted performance of 0.0022, and Coefficient Of Variation of (13,209) to confirm the risk estimate we provide.
Sumber Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sumber |
Sharpe Ratio = -0.0058
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Estimated Market Risk
3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sumber Global 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 Sumber Global by adding Sumber Global to a well-diversified portfolio.
Sumber Global Valuation on November 2, 2023
It is possible to determine the worth of Sumber Global on a given historical date. On November 2, 2023 Sumber was worth 464.79 at the beginning of the trading date compared to the closed value of 430.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumber Global stock. Still, in general, we apply an absolute valuation method to find Sumber Global'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 Sumber Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumber Global's related companies.
Open | High | Low | Close | Volume | |
546.67 | 551.71 | 462.27 | 462.27 | 110,385,022 | |
11/02/2023 | 464.79 | 481.17 | 428.26 | 430.78 | 42,450,669 |
430.78 | 521.47 | 430.78 | 497.54 | 114,077,589 |
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Sumber Global Trading Date Momentum on November 2, 2023
On November 03 2023 Sumber Global Energy was traded for 497.54 at the closing time. The highest price during the trading period was 521.47 and the lowest recorded bid was listed for 430.78 . The volume for the day was 114.1 M. This history from November 3, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 15.50% . The trading price change to the current price is 13.71% . |
Sumber Global Energy Fundamentals Correlations and Trends
By evaluating Sumber Global'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 Sumber Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumber financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sumber Global Stock history
Sumber Global 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 Sumber is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sumber Global Energy 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 Sumber Global stock prices may prove useful in developing a viable investing in Sumber Global
PT Sumber Global Energy, together with its subsidiaries, engages in coal trading and shipment services in Indonesia. PT Sumber Global Energy is a subsidiary of PT Sumbermas Inti Energi. Sumber Global operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 51 people.
Sumber Global Stock Technical Analysis
Sumber Global 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
Sumber Global Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Sumber Global Energy 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.
Sumber Global November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Sumber Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sumber Global shares will generate the highest return on investment. By undertsting and applying Sumber Global stock market strength indicators, traders can identify Sumber Global Energy entry and exit signals to maximize returns
Sumber Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sumber Global's price direction in advance. Along with the technical and fundamental analysis of Sumber Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sumber 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 | 0.0022 | |||
Jensen Alpha | 0.0081 | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | 0.0997 |
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Other Information on Investing in Sumber Stock
Sumber Global financial ratios help investors to determine whether Sumber 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 Sumber with respect to the benefits of owning Sumber Global security.