Nippon Indosari (Indonesia) Price on September 11, 2023
ROTI Stock | IDR 955.00 5.00 0.52% |
If you're considering investing in Nippon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nippon Indosari stands at 955.00, as last reported on the 24th of December, with the highest price reaching 960.00 and the lowest price hitting 945.00 during the day. Nippon Indosari Corpindo has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Nippon Indosari exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Indosari's Mean Deviation of 0.378, risk adjusted performance of (0.16), and Standard Deviation of 0.5041 to check out the risk estimate we provide.
Nippon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = -0.1549
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Estimated Market Risk
0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.07 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 Nippon Indosari 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 Nippon Indosari by adding Nippon Indosari to a well-diversified portfolio.
Nippon Indosari Valuation on September 11, 2023
It is possible to determine the worth of Nippon Indosari on a given historical date. On September 11, 2023 Nippon was worth 1266.1 at the beginning of the trading date compared to the closed value of 1298.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Indosari stock. Still, in general, we apply an absolute valuation method to find Nippon Indosari'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 Nippon Indosari where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Indosari's related companies.
Open | High | Low | Close | Volume | |
1,248 | 1,266 | 1,243 | 1,266 | 1,838,100 | |
09/11/2023 | 1,266 | 1,303 | 1,266 | 1,299 | 1,063,300 |
1,294 | 1,299 | 1,280 | 1,280 | 94,400 |
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Nippon Indosari Trading Date Momentum on September 11, 2023
On September 12 2023 Nippon Indosari Corpindo was traded for 1,280 at the closing time. The highest price during the trading period was 1,299 and the lowest recorded bid was listed for 1,280 . The volume for the day was 94.4 K. This history from September 12, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.43% . The trading delta at closing time to the current price is 2.14% . |
Nippon Indosari Corpindo Fundamentals Correlations and Trends
By evaluating Nippon Indosari'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 Nippon Indosari's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nippon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nippon Indosari Stock history
Nippon Indosari 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 Nippon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nippon Indosari Corpindo 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 Nippon Indosari stock prices may prove useful in developing a viable investing in Nippon Indosari
Nippon Indosari Stock Technical Analysis
Nippon Indosari 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
Nippon Indosari Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Nippon Indosari Corpindo 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.
Nippon Indosari December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nippon Indosari stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nippon Indosari shares will generate the highest return on investment. By undertsting and applying Nippon Indosari stock market strength indicators, traders can identify Nippon Indosari Corpindo entry and exit signals to maximize returns
Nippon Indosari Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon Indosari's price direction in advance. Along with the technical and fundamental analysis of Nippon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nippon 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 | (0.16) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | 1.85 |
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Other Information on Investing in Nippon Stock
Nippon Indosari financial ratios help investors to determine whether Nippon 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 Nippon with respect to the benefits of owning Nippon Indosari security.