Ekadharma International (Indonesia) Price on July 14, 2023
If you're considering investing in Ekadharma Stock, it is important to understand the factors that can impact its price. Ekadharma International secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Ekadharma International Tbk exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ekadharma International's Coefficient Of Variation of (740.45), mean deviation of 0.6607, and Standard Deviation of 0.8885 to check the risk estimate we provide.
Ekadharma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ekadharma |
Sharpe Ratio = -0.1351
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| Negative Returns | EKAD |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ekadharma International 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 Ekadharma International by adding Ekadharma International to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Ekadharma International Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Ekadharma International 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.
Ekadharma International December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Ekadharma International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ekadharma International shares will generate the highest return on investment. By undertsting and applying Ekadharma International stock market strength indicators, traders can identify Ekadharma International Tbk entry and exit signals to maximize returns
Ekadharma International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ekadharma International's price direction in advance. Along with the technical and fundamental analysis of Ekadharma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ekadharma 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 | (0.1) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.438 |
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Other Information on Investing in Ekadharma Stock
Ekadharma International financial ratios help investors to determine whether Ekadharma 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 Ekadharma with respect to the benefits of owning Ekadharma International security.