Polychem Indonesia (Indonesia) Price on October 17, 2024
ADMG Stock | IDR 114.00 1.00 0.87% |
If you're considering investing in Polychem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polychem Indonesia stands at 114.00, as last reported on the 15th of December 2024, with the highest price reaching 115.00 and the lowest price hitting 111.00 during the day. Polychem Indonesia Tbk maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Polychem Indonesia Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polychem Indonesia's Risk Adjusted Performance of (0.08), coefficient of variation of (818.35), and Variance of 2.35 to confirm the risk estimate we provide.
Polychem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polychem |
Sharpe Ratio = -0.117
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.18 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 Polychem Indonesia 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 Polychem Indonesia by adding Polychem Indonesia to a well-diversified portfolio.
Polychem Indonesia Valuation on October 17, 2024
It is possible to determine the worth of Polychem Indonesia on a given historical date. On October 17, 2024 Polychem was worth 126.0 at the beginning of the trading date compared to the closed value of 129.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polychem Indonesia stock. Still, in general, we apply an absolute valuation method to find Polychem Indonesia'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 Polychem Indonesia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polychem Indonesia's related companies.
Open | High | Low | Close | Volume | |
129.00 | 129.00 | 126.00 | 128.00 | 474,500 | |
10/17/2024 | 126.00 | 129.00 | 126.00 | 129.00 | 481,100 |
128.00 | 130.00 | 128.00 | 128.00 | 123,600 |
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Polychem Indonesia Trading Date Momentum on October 17, 2024
On October 18 2024 Polychem Indonesia Tbk was traded for 128.00 at the closing time. The highest price during the trading period was 130.00 and the lowest recorded bid was listed for 128.00 . The volume for the day was 123.6 K. This history from October 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.78% . The trading delta at closing time to the current price is 0.78% . |
Polychem Indonesia Tbk Fundamentals Correlations and Trends
By evaluating Polychem Indonesia'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 Polychem Indonesia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polychem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polychem Indonesia Stock history
Polychem Indonesia 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 Polychem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polychem Indonesia Tbk 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 Polychem Indonesia stock prices may prove useful in developing a viable investing in Polychem Indonesia
Polychem Indonesia Tbk engages in the chemical and polyester businesses. Polychem Indonesia Tbk was founded in 1978 and is headquartered in Jakarta, Indonesia. Polychem Indonesia operates under Specialty Chemicals classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1192 people.
Polychem Indonesia Stock Technical Analysis
Polychem Indonesia 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
Polychem Indonesia Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Polychem Indonesia Tbk 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.
Polychem Indonesia December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Polychem Indonesia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polychem Indonesia shares will generate the highest return on investment. By undertsting and applying Polychem Indonesia stock market strength indicators, traders can identify Polychem Indonesia Tbk entry and exit signals to maximize returns
Polychem Indonesia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polychem Indonesia's price direction in advance. Along with the technical and fundamental analysis of Polychem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polychem 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 | (0.08) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.63) |
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Other Information on Investing in Polychem Stock
Polychem Indonesia financial ratios help investors to determine whether Polychem 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 Polychem with respect to the benefits of owning Polychem Indonesia security.