Indorama Synthetics (Indonesia) Price on September 18, 2023
INDR Stock | IDR 2,660 30.00 1.14% |
If you're considering investing in Indorama Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indorama Synthetics stands at 2,660, as last reported on the 11th of December 2024, with the highest price reaching 2,680 and the lowest price hitting 2,620 during the day. Indorama Synthetics Tbk holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Indorama Synthetics Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indorama Synthetics' Market Risk Adjusted Performance of (0.92), risk adjusted performance of (0.14), and Standard Deviation of 2.11 to validate the risk estimate we provide.
Indorama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indorama |
Sharpe Ratio = -0.1932
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Estimated Market Risk
2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indorama Synthetics 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 Indorama Synthetics by adding Indorama Synthetics to a well-diversified portfolio.
Indorama Synthetics Valuation on September 18, 2023
It is possible to determine the worth of Indorama Synthetics on a given historical date. On September 18, 2023 Indorama was worth 3560.0 at the beginning of the trading date compared to the closed value of 3380.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indorama Synthetics stock. Still, in general, we apply an absolute valuation method to find Indorama Synthetics' 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 Indorama Synthetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indorama Synthetics' related companies.
Open | High | Low | Close | Volume | |
3,490 | 3,490 | 3,470 | 3,480 | 11,300 | |
09/18/2023 | 3,560 | 3,560 | 3,380 | 3,380 | 55,400 |
3,390 | 3,450 | 3,390 | 3,420 | 23,200 |
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Indorama Synthetics Trading Date Momentum on September 18, 2023
On September 19 2023 Indorama Synthetics Tbk was traded for 3,420 at the closing time. The highest price during the trading period was 3,450 and the lowest recorded bid was listed for 3,390 . The volume for the day was 23.2 K. This history from September 19, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the current price is 7.69% . |
Indorama Synthetics Tbk Fundamentals Correlations and Trends
By evaluating Indorama Synthetics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Indorama Synthetics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indorama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indorama Synthetics Stock history
Indorama Synthetics 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 Indorama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indorama Synthetics 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 Indorama Synthetics stock prices may prove useful in developing a viable investing in Indorama Synthetics
Indo-Rama Synthetics Tbk, together with its subsidiaries, produces and sells polyester, spun yarns, and fabrics in Indonesia. Indo-Rama Synthetics Tbk is a subsidiary of Indorama Corporation Pte. Indo Rama operates under Textile Manufacturing classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 7510 people.
Indorama Synthetics Stock Technical Analysis
Indorama Synthetics 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
Indorama Synthetics Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Indorama Synthetics 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.
Indorama Synthetics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Indorama Synthetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indorama Synthetics shares will generate the highest return on investment. By undertsting and applying Indorama Synthetics stock market strength indicators, traders can identify Indorama Synthetics Tbk entry and exit signals to maximize returns
Indorama Synthetics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indorama Synthetics' price direction in advance. Along with the technical and fundamental analysis of Indorama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indorama 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 | (0.14) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.77) | |||
Treynor Ratio | (0.93) |
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Other Information on Investing in Indorama Stock
Indorama Synthetics financial ratios help investors to determine whether Indorama 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 Indorama with respect to the benefits of owning Indorama Synthetics security.