Ultra Jaya (Indonesia) Price on February 22, 2023
ULTJ Stock | IDR 1,790 15.00 0.85% |
If you're considering investing in Ultra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ultra Jaya stands at 1,790, as last reported on the 30th of November, with the highest price reaching 1,800 and the lowest price hitting 1,700 during the day. Ultra Jaya Milk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0119, which indicates the firm had a -0.0119% return per unit of risk over the last 3 months. Ultra Jaya Milk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultra Jaya's Variance of 2.52, risk adjusted performance of (0.01), and Coefficient Of Variation of (7,498) to confirm the risk estimate we provide.
Ultra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = -0.0119
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Estimated Market Risk
1.57 actual daily | 13 87% 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 Ultra Jaya 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 Ultra Jaya by adding Ultra Jaya to a well-diversified portfolio.
Ultra Jaya Valuation on February 22, 2023
It is possible to determine the worth of Ultra Jaya on a given historical date. On February 22, 2023 Ultra was worth 1440.14 at the beginning of the trading date compared to the closed value of 1430.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Jaya stock. Still, in general, we apply an absolute valuation method to find Ultra Jaya'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 Ultra Jaya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Jaya's related companies.
Open | High | Low | Close | Volume | |
1,450 | 1,450 | 1,431 | 1,440 | 123,700 | |
02/22/2023 | 1,440 | 1,440 | 1,431 | 1,431 | 141,100 |
1,431 | 1,455 | 1,431 | 1,455 | 1,841,400 |
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Ultra Jaya Trading Date Momentum on February 22, 2023
On February 23 2023 Ultra Jaya Milk was traded for 1,455 at the closing time. The highest price during the trading period was 1,455 and the lowest recorded bid was listed for 1,431 . The volume for the day was 1.8 M. This history from February 23, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.68% . The trading price change to the current price is 2.36% . |
Ultra Jaya Milk Fundamentals Correlations and Trends
By evaluating Ultra Jaya'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 Ultra Jaya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultra Jaya Stock history
Ultra Jaya 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 Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Jaya Milk 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 Ultra Jaya stock prices may prove useful in developing a viable investing in Ultra Jaya
Ultra Jaya Stock Technical Analysis
Ultra Jaya 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
Ultra Jaya Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
Ultra Jaya Milk 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.
Ultra Jaya November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Jaya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Jaya shares will generate the highest return on investment. By undertsting and applying Ultra Jaya stock market strength indicators, traders can identify Ultra Jaya Milk entry and exit signals to maximize returns
Ultra Jaya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Jaya's price direction in advance. Along with the technical and fundamental analysis of Ultra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra 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 | (0.01) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | 0.2473 |
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Other Information on Investing in Ultra Stock
Ultra Jaya financial ratios help investors to determine whether Ultra 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 Ultra with respect to the benefits of owning Ultra Jaya security.