Chandra Asri (Indonesia) Price on November 1, 2024
| TPIA Stock | IDR 7,050 125.00 1.74% |
If you're considering investing in Chandra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chandra Asri stands at 7,050, as last reported on the 29th of November, with the highest price reaching 7,375 and the lowest price hitting 7,050 during the day. Chandra Asri Petroch secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Chandra Asri Petrochemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chandra Asri's mean deviation of 2.3, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
Chandra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chandra |
Sharpe Ratio = -0.1163
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Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chandra Asri 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 Chandra Asri by adding Chandra Asri to a well-diversified portfolio.
Chandra Asri Valuation on November 1, 2024
It is possible to determine the worth of Chandra Asri on a given historical date. On November 1, 2024 Chandra was worth 8750.0 at the beginning of the trading date compared to the closed value of 8550.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chandra Asri stock. 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 | |
| 8,825 | 8,875 | 8,725 | 8,750 | 8,376,900 | |
11/01/2024 | 8,750 | 8,800 | 8,550 | 8,550 | 7,221,200 |
| 8,600 | 8,600 | 8,175 | 8,275 | 9,798,600 |
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Chandra Asri Trading Date Momentum on November 1, 2024
| On November 04 2024 Chandra Asri Petrochemical was traded for 8,275 at the closing time. The highest price during the trading period was 8,600 and the lowest recorded bid was listed for 8,175 . The volume for the day was 9.8 M. This history from November 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 3.22% . The overall trading delta to the current price is 14.91% . |
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 Stock 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 internationally. Chandra Asri Petrochemical Tbk is headquartered in Jakarta, Indonesia. Chandra Asri operates under Specialty Chemicals classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2240 people.
Chandra Asri Stock Technical Analysis
Chandra Asri 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
Chandra Asri Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Chandra Asri Petrochemical 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.
Chandra Asri November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Chandra Asri stock 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 stock 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 Stock 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 | (0.07) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (2.19) |
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Other Information on Investing in Chandra Stock
Chandra Asri financial ratios help investors to determine whether Chandra 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 Chandra with respect to the benefits of owning Chandra Asri security.