Gudang Garam (Indonesia) Price on December 3, 2024
GGRM Stock | IDR 13,500 100.00 0.74% |
If you're considering investing in Gudang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gudang Garam stands at 13,500, as last reported on the 15th of December 2024, with the highest price reaching 13,625 and the lowest price hitting 13,475 during the day. Gudang Garam Tbk holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Gudang Garam Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gudang Garam's Risk Adjusted Performance of (0.10), standard deviation of 1.64, and Market Risk Adjusted Performance of (1.26) to validate the risk estimate we provide.
Gudang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gudang |
Sharpe Ratio = -0.1483
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Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gudang Garam 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 Gudang Garam by adding Gudang Garam to a well-diversified portfolio.
Gudang Garam Valuation on December 3, 2024
It is possible to determine the worth of Gudang Garam on a given historical date. On December 3, 2024 Gudang was worth 12525.0 at the beginning of the trading date compared to the closed value of 12675.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gudang Garam stock. Still, in general, we apply an absolute valuation method to find Gudang Garam'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 Gudang Garam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gudang Garam's related companies.
Open | High | Low | Close | Volume | |
12,800 | 13,100 | 12,525 | 12,525 | 577,800 | |
12/03/2024 | 12,525 | 12,750 | 12,500 | 12,675 | 488,500 |
12,725 | 13,500 | 12,700 | 13,350 | 789,700 |
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Gudang Garam Trading Date Momentum on December 3, 2024
On December 04 2024 Gudang Garam Tbk was traded for 13,350 at the closing time. The highest price during the trading period was 13,500 and the lowest recorded bid was listed for 12,700 . The volume for the day was 789.7 K. This history from December 4, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 5.33% . The overall trading delta to the current price is 7.30% . |
Gudang Garam Tbk Fundamentals Correlations and Trends
By evaluating Gudang Garam'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 Gudang Garam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gudang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gudang Garam Stock history
Gudang Garam 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 Gudang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gudang Garam 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 Gudang Garam stock prices may prove useful in developing a viable investing in Gudang Garam
PT Gudang Garam Tbk produces and sells cigarettes in Indonesia and internationally. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama. Gudang Garam operates under Tobacco classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 34974 people.
Gudang Garam Stock Technical Analysis
Gudang Garam 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
Gudang Garam Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Gudang Garam 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.
Gudang Garam December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Gudang Garam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gudang Garam shares will generate the highest return on investment. By undertsting and applying Gudang Garam stock market strength indicators, traders can identify Gudang Garam Tbk entry and exit signals to maximize returns
Gudang Garam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gudang Garam's price direction in advance. Along with the technical and fundamental analysis of Gudang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gudang 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 | (0.10) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (1.27) |
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Other Information on Investing in Gudang Stock
Gudang Garam financial ratios help investors to determine whether Gudang 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 Gudang with respect to the benefits of owning Gudang Garam security.