PT Citra (Indonesia) Price on November 26, 2024
| CTBN Stock | IDR 2,800 0.00 0.00% |
If you're considering investing in CTBN Stock, it is important to understand the factors that can impact its price. As of today, the current price of PT Citra stands at 2,800, as last reported on the 29th of December, with the highest price reaching 2,800 and the lowest price hitting 2,800 during the day. PT Citra appears to be very steady, given 3 months investment horizon. PT Citra Tubindo retains Efficiency (Sharpe Ratio) of 0.14, which implies the firm had a 0.14% return per unit of price deviation over the last 3 months. By inspecting PT Citra's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please evaluate PT Citra's market risk adjusted performance of 1.64, and Standard Deviation of 4.71 to confirm if our risk estimates are consistent with your expectations.
CTBN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTBN |
Sharpe Ratio = 0.145
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CTBN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.33 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average PT Citra is performing at about 11% of its full potential. 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 PT Citra by adding it to a well-diversified portfolio.
PT Citra Valuation on November 26, 2024
It is possible to determine the worth of PT Citra on a given historical date. On November 26, 2024 CTBN was worth 2480.0 at the beginning of the trading date compared to the closed value of 2510.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PT Citra stock. Still, in general, we apply an absolute valuation method to find PT Citra'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 PT Citra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PT Citra's related companies.
| Open | High | Low | Close | Volume | |
| 2,490 | 2,490 | 2,480 | 2,480 | 3,700 | |
11/26/2024 | 2,480 | 2,510 | 2,480 | 2,510 | 10,500 |
| 2,500 | 2,600 | 2,500 | 2,500 | 6,000 |
| Backtest PT Citra | | | PT Citra History | | | PT Citra Valuation | Previous | Next |
PT Citra Trading Date Momentum on November 26, 2024
| On November 28 2024 PT Citra Tubindo was traded for 2,500 at the closing time. The highest price during the trading period was 2,600 and the lowest recorded bid was listed for 2,500 . The volume for the day was 6 K. This history from November 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.40% . The trading delta at closing time to the current price is 11.16% . |
PT Citra Tubindo Fundamentals Correlations and Trends
By evaluating PT Citra'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 PT Citra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTBN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PT Citra Stock history
PT Citra 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 CTBN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PT Citra Tubindo 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 PT Citra stock prices may prove useful in developing a viable investing in PT Citra
PT Citra Tubindo Tbk, together with its subsidiaries, provides pipes and accessories, and related services in Indonesia. The company was founded in 1983 and is headquartered in Batam, Indonesia. Citra Tubindo operates under Oil Gas Equipment Services classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 816 people.
PT Citra Stock Technical Analysis
PT Citra 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
PT Citra Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
PT Citra Tubindo 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.
PT Citra December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how PT Citra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PT Citra shares will generate the highest return on investment. By undertsting and applying PT Citra stock market strength indicators, traders can identify PT Citra Tubindo entry and exit signals to maximize returns
PT Citra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PT Citra's price direction in advance. Along with the technical and fundamental analysis of CTBN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTBN 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 | 0.0784 | |||
| Jensen Alpha | 0.3989 | |||
| Total Risk Alpha | 0.2732 | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 1.63 |
| 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 CTBN Stock
PT Citra financial ratios help investors to determine whether CTBN 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 CTBN with respect to the benefits of owning PT Citra security.