Pelangi Indah (Indonesia) Price on October 10, 2024
| PICO Stock | IDR 140.00 3.00 2.10% |
If you're considering investing in Pelangi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pelangi Indah stands at 140.00, as last reported on the 14th of December 2024, with the highest price reaching 148.00 and the lowest price hitting 139.00 during the day. Pelangi Indah appears to be very steady, given 3 months investment horizon. Pelangi Indah Canindo maintains Sharpe Ratio (i.e., Efficiency) of 0.0523, which implies the firm had a 0.0523% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pelangi Indah Canindo, which you can use to evaluate the volatility of the company. Please evaluate Pelangi Indah's Coefficient Of Variation of 1668.38, semi deviation of 4.91, and Risk Adjusted Performance of 0.0524 to confirm if our risk estimates are consistent with your expectations.
Pelangi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pelangi |
Sharpe Ratio = 0.0523
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Estimated Market Risk
| 7.04 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pelangi Indah is performing at about 4% 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 Pelangi Indah by adding it to a well-diversified portfolio.
Pelangi Indah Valuation on October 10, 2024
It is possible to determine the worth of Pelangi Indah on a given historical date. On October 10, 2024 Pelangi was worth 113.0 at the beginning of the trading date compared to the closed value of 115.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pelangi Indah stock. Still, in general, we apply an absolute valuation method to find Pelangi Indah'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 Pelangi Indah where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pelangi Indah's related companies.
| Open | High | Low | Close | Volume | |
| 110.00 | 125.00 | 107.00 | 113.00 | 4,203,900 | |
10/10/2024 | 113.00 | 118.00 | 112.00 | 115.00 | 843,900 |
| 115.00 | 133.00 | 110.00 | 132.00 | 11,647,800 |
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Pelangi Indah Trading Date Momentum on October 10, 2024
| On October 11 2024 Pelangi Indah Canindo was traded for 132.00 at the closing time. The highest price during the trading period was 133.00 and the lowest recorded bid was listed for 110.00 . The volume for the day was 11.6 M. This history from October 11, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 14.78% . The trading delta at closing time to the current price is 25.22% . |
Pelangi Indah Canindo Fundamentals Correlations and Trends
By evaluating Pelangi Indah'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 Pelangi Indah's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pelangi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pelangi Indah Stock history
Pelangi Indah 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 Pelangi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pelangi Indah Canindo 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 Pelangi Indah stock prices may prove useful in developing a viable investing in Pelangi Indah
PT Pelangi Indah Canindo Tbk manufactures and sells metal packaging products in Indonesia and internationally. The company was founded in 1983 and is headquartered in Jakarta, Indonesia. Pelangi Indah is traded on Jakarta Stock Exchange in Indonesia.
Pelangi Indah Stock Technical Analysis
Pelangi Indah 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
Pelangi Indah Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Pelangi Indah Canindo 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.
Pelangi Indah December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Pelangi Indah stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pelangi Indah shares will generate the highest return on investment. By undertsting and applying Pelangi Indah stock market strength indicators, traders can identify Pelangi Indah Canindo entry and exit signals to maximize returns
Pelangi Indah Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pelangi Indah's price direction in advance. Along with the technical and fundamental analysis of Pelangi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pelangi 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 | 0.0524 | |||
| Jensen Alpha | 0.3643 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | 0.8751 |
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Other Information on Investing in Pelangi Stock
Pelangi Indah financial ratios help investors to determine whether Pelangi 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 Pelangi with respect to the benefits of owning Pelangi Indah security.