Pabrik Kertas (Indonesia) Price on August 1, 2023
TKIM Stock | IDR 6,425 125.00 1.98% |
If you're considering investing in Pabrik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pabrik Kertas stands at 6,425, as last reported on the 29th of November, with the highest price reaching 6,450 and the lowest price hitting 6,300 during the day. Pabrik Kertas Tjiwi maintains Sharpe Ratio (i.e., Efficiency) of -0.0976, which implies the firm had a -0.0976% return per unit of risk over the last 3 months. Pabrik Kertas Tjiwi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pabrik Kertas' Variance of 3.5, risk adjusted performance of (0.07), and Coefficient Of Variation of (953.02) to confirm the risk estimate we provide.
Pabrik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pabrik |
Sharpe Ratio = -0.0976
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pabrik Kertas 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 Pabrik Kertas by adding Pabrik Kertas to a well-diversified portfolio.
Pabrik Kertas Valuation on August 1, 2023
It is possible to determine the worth of Pabrik Kertas on a given historical date. On August 1, 2023 Pabrik was worth 6730.43 at the beginning of the trading date compared to the closed value of 6655.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pabrik Kertas stock. Still, in general, we apply an absolute valuation method to find Pabrik Kertas' 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 Pabrik Kertas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pabrik Kertas' related companies.
Open | High | Low | Close | Volume | |
6,631 | 6,830 | 6,581 | 6,730 | 2,112,400 | |
08/01/2023 | 6,730 | 6,780 | 6,631 | 6,656 | 2,221,500 |
6,656 | 6,681 | 6,381 | 6,431 | 3,268,700 |
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Pabrik Kertas Trading Date Momentum on August 1, 2023
On August 02 2023 Pabrik Kertas Tjiwi was traded for 6,431 at the closing time. The highest price during the trading period was 6,681 and the lowest recorded bid was listed for 6,381 . The volume for the day was 3.3 M. This history from August 2, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.37% . The trading delta at closing time to the current price is 12.73% . |
Pabrik Kertas Tjiwi Fundamentals Correlations and Trends
By evaluating Pabrik Kertas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pabrik Kertas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pabrik financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pabrik Kertas Stock history
Pabrik Kertas 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 Pabrik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pabrik Kertas Tjiwi 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 Pabrik Kertas stock prices may prove useful in developing a viable investing in Pabrik Kertas
Pabrik Kertas Stock Technical Analysis
Pabrik Kertas 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
Pabrik Kertas Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Pabrik Kertas Tjiwi 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.
Pabrik Kertas November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Pabrik Kertas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pabrik Kertas shares will generate the highest return on investment. By undertsting and applying Pabrik Kertas stock market strength indicators, traders can identify Pabrik Kertas Tjiwi entry and exit signals to maximize returns
Pabrik Kertas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pabrik Kertas' price direction in advance. Along with the technical and fundamental analysis of Pabrik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pabrik 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 | (0.07) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | 1.41 |
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Other Information on Investing in Pabrik Stock
Pabrik Kertas financial ratios help investors to determine whether Pabrik 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 Pabrik with respect to the benefits of owning Pabrik Kertas security.