Smartfren Telecom (Indonesia) Price on December 4, 2024
| FREN Stock | IDR 23.00 1.00 4.17% |
If you're considering investing in Smartfren Stock, it is important to understand the factors that can impact its price. As of today, the current price of Smartfren Telecom stands at 23.00, as last reported on the 22nd of December, with the highest price reaching 23.00 and the lowest price hitting 23.00 during the day. Smartfren Telecom Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.024, which indicates the firm had a -0.024% return per unit of risk over the last 3 months. Smartfren Telecom Tbk exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smartfren Telecom's Coefficient Of Variation of (1,039), risk adjusted performance of (0.07), and Variance of 12.48 to confirm the risk estimate we provide.
Smartfren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Smartfren |
Sharpe Ratio = -0.024
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Smartfren Telecom 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 Smartfren Telecom by adding Smartfren Telecom to a well-diversified portfolio.
Smartfren Telecom Valuation on December 4, 2024
It is possible to determine the worth of Smartfren Telecom on a given historical date. On December 4, 2024 Smartfren was worth 24.0 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Smartfren Telecom stock. Still, in general, we apply an absolute valuation method to find Smartfren Telecom'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 Smartfren Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Smartfren Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 25.00 | 25.00 | 24.00 | 24.00 | 38,031,700 | |
12/04/2024 | 24.00 | 25.00 | 24.00 | 24.00 | 53,220,100 |
| 25.00 | 25.00 | 25.00 | 25.00 | 31,881,700 |
| Backtest Smartfren Telecom | | | Smartfren Telecom History | | | Smartfren Telecom Valuation | Previous | Next |
Smartfren Telecom Trading Date Momentum on December 4, 2024
| On December 05 2024 Smartfren Telecom Tbk was traded for 25.00 at the closing time. The highest price during the trading period was 25.00 and the lowest recorded bid was listed for 25.00 . The volume for the day was 31.9 M. This history from December 5, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 4.17% . The trading price change to the current price is 4.17% . |
Smartfren Telecom Tbk Fundamentals Correlations and Trends
By evaluating Smartfren Telecom'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 Smartfren Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Smartfren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Smartfren Telecom Stock history
Smartfren Telecom 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 Smartfren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Smartfren Telecom 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 Smartfren Telecom stock prices may prove useful in developing a viable investing in Smartfren Telecom
Smartfren Telecom Stock Technical Analysis
Smartfren Telecom 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
Smartfren Telecom Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Smartfren Telecom 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.
Smartfren Telecom December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Smartfren Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Smartfren Telecom shares will generate the highest return on investment. By undertsting and applying Smartfren Telecom stock market strength indicators, traders can identify Smartfren Telecom Tbk entry and exit signals to maximize returns
Smartfren Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Smartfren Telecom's price direction in advance. Along with the technical and fundamental analysis of Smartfren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Smartfren 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 | (0.07) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 2.0 |
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Other Information on Investing in Smartfren Stock
Smartfren Telecom financial ratios help investors to determine whether Smartfren 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 Smartfren with respect to the benefits of owning Smartfren Telecom security.