Cemindo Gemilang (Indonesia) Price on December 13, 2024
CMNT Stock | 980.00 20.00 2.00% |
If you're considering investing in Cemindo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cemindo Gemilang stands at 980.00, as last reported on the 16th of December 2024, with the highest price reaching 1,000.00 and the lowest price hitting 970.00 during the day. Cemindo Gemilang Tbk secures Sharpe Ratio (or Efficiency) of -0.0301, which signifies that the company had a -0.0301% return per unit of risk over the last 3 months. Cemindo Gemilang Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemindo Gemilang's Standard Deviation of 1.98, mean deviation of 1.34, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Cemindo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cemindo |
Sharpe Ratio = -0.0301
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CMNT |
Estimated Market Risk
1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cemindo Gemilang 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 Cemindo Gemilang by adding Cemindo Gemilang to a well-diversified portfolio.
Cemindo Gemilang Valuation on December 13, 2024
It is possible to determine the worth of Cemindo Gemilang on a given historical date. On December 13, 2024 Cemindo was worth 1000.0 at the beginning of the trading date compared to the closed value of 980.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cemindo Gemilang stock. Still, in general, we apply an absolute valuation method to find Cemindo Gemilang'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 Cemindo Gemilang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cemindo Gemilang's related companies.
Open | High | Low | Close | Volume | |
1,000.00 | 1,000.00 | 970.00 | 1,000.00 | 35,233,000 | |
12/13/2024 | 1,000.00 | 1,000.00 | 970.00 | 980.00 | 35,683,600 |
1,000.00 | 1,000.00 | 970.00 | 980.00 | 0.00 |
Backtest Cemindo Gemilang | | | Cemindo Gemilang History | | | Cemindo Gemilang Valuation | Previous | Next |
Cemindo Gemilang Trading Date Momentum on December 13, 2024
On December 16 2024 Cemindo Gemilang Tbk was traded for 980.00 at the closing time. The highest price during the trading period was 1,000.00 and the lowest recorded bid was listed for 970.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not affect price variability. The overall trading delta to the current price is 2.04% . |
Cemindo Gemilang Tbk Fundamentals Correlations and Trends
By evaluating Cemindo Gemilang'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 Cemindo Gemilang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cemindo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cemindo Gemilang Stock history
Cemindo Gemilang 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 Cemindo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cemindo Gemilang 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 Cemindo Gemilang stock prices may prove useful in developing a viable investing in Cemindo Gemilang
Cemindo Gemilang Stock Technical Analysis
Cemindo Gemilang 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
Cemindo Gemilang Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Cemindo Gemilang 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.
Cemindo Gemilang December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Cemindo Gemilang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cemindo Gemilang shares will generate the highest return on investment. By undertsting and applying Cemindo Gemilang stock market strength indicators, traders can identify Cemindo Gemilang Tbk entry and exit signals to maximize returns
Cemindo Gemilang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cemindo Gemilang's price direction in advance. Along with the technical and fundamental analysis of Cemindo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cemindo 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 | (0.04) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | 0.4446 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Cemindo Stock
Cemindo Gemilang financial ratios help investors to determine whether Cemindo 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 Cemindo with respect to the benefits of owning Cemindo Gemilang security.