Petrosea Tbk (Indonesia) Price on December 13, 2024
| PTRO Stock | IDR 25,400 800.00 3.05% |
If you're considering investing in Petrosea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrosea Tbk stands at 25,400, as last reported on the 14th of December 2024, with the highest price reaching 26,975 and the lowest price hitting 24,500 during the day. Petrosea Tbk is very steady given 3 months investment horizon. Petrosea Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Petrosea Tbk Semi Deviation of 2.33, risk adjusted performance of 0.1846, and Coefficient Of Variation of 411.39 to evaluate company specific risk that cannot be diversified away.
Petrosea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrosea |
Sharpe Ratio = 0.2549
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Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average Petrosea Tbk is performing at about 20% 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 Petrosea Tbk by adding it to a well-diversified portfolio.
Petrosea Tbk Valuation on December 13, 2024
It is possible to determine the worth of Petrosea Tbk on a given historical date. On December 13, 2024 Petrosea was worth 26275.0 at the beginning of the trading date compared to the closed value of 25400.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrosea Tbk stock. Still, in general, we apply an absolute valuation method to find Petrosea Tbk'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 Petrosea Tbk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrosea Tbk's related companies.
| Open | High | Low | Close | Volume | |
| 26,500 | 27,800 | 26,000 | 26,200 | 7,534,300 | |
12/13/2024 | 26,275 | 26,975 | 24,500 | 25,400 | 3,920,500 |
| Backtest Petrosea Tbk | | | Petrosea Tbk History | | | Petrosea Tbk Valuation | Previous |
Petrosea Tbk Trading Date Momentum on December 13, 2024
| On December 13 2024 Petrosea Tbk was traded for 25,400 at the closing time. The highest price during the trading period was 26,975 and the lowest recorded bid was listed for 24,500 . The volume for the day was 3.9 M. This history from December 13, 2024 did not cause price change. The trading delta at closing time to the current price is 3.44% . |
Petrosea Tbk Fundamentals Correlations and Trends
By evaluating Petrosea Tbk'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 Petrosea Tbk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Petrosea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Petrosea Tbk Stock history
Petrosea Tbk 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 Petrosea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrosea 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 Petrosea Tbk stock prices may prove useful in developing a viable investing in Petrosea Tbk
Petrosea Tbk Stock Technical Analysis
Petrosea Tbk 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
Petrosea Tbk Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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Petrosea Tbk December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrosea Tbk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrosea Tbk shares will generate the highest return on investment. By undertsting and applying Petrosea Tbk stock market strength indicators, traders can identify Petrosea Tbk entry and exit signals to maximize returns
Petrosea Tbk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrosea Tbk's price direction in advance. Along with the technical and fundamental analysis of Petrosea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrosea 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 | 0.1846 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | 0.5033 | |||
| Sortino Ratio | 0.3412 | |||
| Treynor Ratio | (2.65) |
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Other Information on Investing in Petrosea Stock
Petrosea Tbk financial ratios help investors to determine whether Petrosea 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 Petrosea with respect to the benefits of owning Petrosea Tbk security.