Obm Drilchem (Indonesia) Price on August 31, 2023
OBMD Stock | 220.00 2.00 0.90% |
If you're considering investing in Obm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Obm Drilchem stands at 220.00, as last reported on the 15th of December 2024, with the highest price reaching 222.00 and the lowest price hitting 218.00 during the day. Obm Drilchem PT maintains Sharpe Ratio (i.e., Efficiency) of -0.0482, which implies the firm had a -0.0482% return per unit of risk over the last 3 months. Obm Drilchem PT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Obm Drilchem's Coefficient Of Variation of (2,471), variance of 3.53, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Obm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Obm |
Sharpe Ratio = -0.0482
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Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Obm Drilchem 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 Obm Drilchem by adding Obm Drilchem to a well-diversified portfolio.
Obm Drilchem Valuation on August 31, 2023
It is possible to determine the worth of Obm Drilchem on a given historical date. On August 31, 2023 Obm was worth 276.0 at the beginning of the trading date compared to the closed value of 302.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Obm Drilchem stock. Still, in general, we apply an absolute valuation method to find Obm Drilchem'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 Obm Drilchem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Obm Drilchem's related companies.
Open | High | Low | Close | Volume | |
246.00 | 288.00 | 246.00 | 276.00 | 11,327,200 | |
08/31/2023 | 276.00 | 318.00 | 276.00 | 302.00 | 20,213,700 |
304.00 | 312.00 | 290.00 | 294.00 | 5,362,700 |
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Obm Drilchem Trading Date Momentum on August 31, 2023
On September 01 2023 Obm Drilchem PT was traded for 294.00 at the closing time. The highest price during the trading period was 312.00 and the lowest recorded bid was listed for 290.00 . The volume for the day was 5.4 M. This history from September 1, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.65% . The trading delta at closing time to the current price is 3.97% . |
Obm Drilchem PT Fundamentals Correlations and Trends
By evaluating Obm Drilchem'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 Obm Drilchem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Obm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Obm Drilchem Stock history
Obm Drilchem 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 Obm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Obm Drilchem PT 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 Obm Drilchem stock prices may prove useful in developing a viable investing in Obm Drilchem
Obm Drilchem Stock Technical Analysis
Obm Drilchem 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
Obm Drilchem Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Obm Drilchem PT 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.
Obm Drilchem December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Obm Drilchem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Obm Drilchem shares will generate the highest return on investment. By undertsting and applying Obm Drilchem stock market strength indicators, traders can identify Obm Drilchem PT entry and exit signals to maximize returns
Obm Drilchem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Obm Drilchem's price direction in advance. Along with the technical and fundamental analysis of Obm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Obm 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 | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.1903 |
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Other Information on Investing in Obm Stock
Obm Drilchem financial ratios help investors to determine whether Obm 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 Obm with respect to the benefits of owning Obm Drilchem security.