Fortune Mate (Indonesia) Price on November 8, 2024
| FMII Stock | IDR 545.00 0.00 0.00% |
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Mate stands at 545.00, as last reported on the 13th of December 2024, with the highest price reaching 545.00 and the lowest price hitting 545.00 during the day. Fortune Mate is very steady given 3 months investment horizon. Fortune Mate Indonesia secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. We were able to collect data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 1.59% are justified by taking the suggested risk. Use Fortune Mate Mean Deviation of 5.48, downside deviation of 5.96, and Coefficient Of Variation of 459.51 to evaluate company specific risk that cannot be diversified away.
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortune |
Sharpe Ratio = 0.2176
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Estimated Market Risk
| 7.31 actual daily | 65 65% of assets are less volatile |
Expected Return
| 1.59 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Fortune Mate is performing at about 17% 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 Fortune Mate by adding it to a well-diversified portfolio.
Fortune Mate Valuation on November 8, 2024
It is possible to determine the worth of Fortune Mate on a given historical date. On November 8, 2024 Fortune was worth 480.0 at the beginning of the trading date compared to the closed value of 545.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Mate stock. Still, in general, we apply an absolute valuation method to find Fortune Mate'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 Fortune Mate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Mate's related companies.
| Open | High | Low | Close | Volume | |
| 434.00 | 436.00 | 380.00 | 436.00 | 7,738,600 | |
11/08/2024 | 480.00 | 545.00 | 452.00 | 545.00 | 4,235,000 |
| 545.00 | 545.00 | 545.00 | 545.00 | 1.00 |
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Fortune Mate Trading Date Momentum on November 8, 2024
| On November 11 2024 Fortune Mate Indonesia was traded for 545.00 at the closing time. The highest price during the trading period was 545.00 and the lowest recorded bid was listed for 545.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 11, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Fortune Mate Indonesia Fundamentals Correlations and Trends
By evaluating Fortune Mate'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 Fortune Mate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortune Mate Stock history
Fortune Mate 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Mate Indonesia 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 Fortune Mate stock prices may prove useful in developing a viable investing in Fortune Mate
PT Fortune Mate Indonesia Tbk, together with its subsidiaries, provides real estate development and construction services primarily in Indonesia. The company was founded in 1989 and is based in Surabaya, Indonesia. Fortune Mate operates under Real Estate - General classification in Indonesia and is traded on Jakarta Stock Exchange.
Fortune Mate Stock Technical Analysis
Fortune Mate 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
Fortune Mate Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Fortune Mate Indonesia 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.
Fortune Mate December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortune Mate stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Mate shares will generate the highest return on investment. By undertsting and applying Fortune Mate stock market strength indicators, traders can identify Fortune Mate Indonesia entry and exit signals to maximize returns
Fortune Mate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortune Mate's price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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 | 0.1673 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | 0.6965 | |||
| Sortino Ratio | 0.3141 | |||
| Treynor Ratio | 0.387 |
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Other Information on Investing in Fortune Stock
Fortune Mate financial ratios help investors to determine whether Fortune 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 Fortune with respect to the benefits of owning Fortune Mate security.