Sinar Mas (Indonesia) Price on July 20, 2023
SMAR Stock | IDR 3,790 30.00 0.79% |
If you're considering investing in Sinar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinar Mas stands at 3,790, as last reported on the 15th of December 2024, with the highest price reaching 3,890 and the lowest price hitting 3,780 during the day. Sinar Mas Agro owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0393, which indicates the firm had a -0.0393% return per unit of risk over the last 3 months. Sinar Mas Agro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinar Mas' Variance of 2.59, coefficient of variation of (2,782), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
Sinar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinar |
Sharpe Ratio = -0.0393
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinar Mas 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 Sinar Mas by adding Sinar Mas to a well-diversified portfolio.
Sinar Mas Valuation on July 20, 2023
It is possible to determine the worth of Sinar Mas on a given historical date. On July 20, 2023 Sinar was worth 4494.99 at the beginning of the trading date compared to the closed value of 4475.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinar Mas stock. Still, in general, we apply an absolute valuation method to find Sinar Mas' 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 Sinar Mas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinar Mas' related companies.
Open | High | Low | Close | Volume | |
4,466 | 4,495 | 4,466 | 4,495 | 14,000 | |
07/20/2023 | 4,495 | 4,514 | 4,466 | 4,476 | 33,600 |
4,495 | 4,514 | 4,485 | 4,485 | 46,800 |
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Sinar Mas Trading Date Momentum on July 20, 2023
On July 21 2023 Sinar Mas Agro was traded for 4,485 at the closing time. The highest price during the trading period was 4,514 and the lowest recorded bid was listed for 4,485 . The volume for the day was 46.8 K. This history from July 21, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.21% . The trading price change to the current price is 0.21% . |
Sinar Mas Agro Fundamentals Correlations and Trends
By evaluating Sinar Mas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sinar Mas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinar Mas Stock history
Sinar Mas 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 Sinar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinar Mas Agro 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 Sinar Mas stock prices may prove useful in developing a viable investing in Sinar Mas
Sinar Mas Stock Technical Analysis
Sinar Mas 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
Sinar Mas Period Price Range
Low | December 15, 2024
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0.00 | 0.00 |
Sinar Mas Agro 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.
Sinar Mas December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinar Mas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinar Mas shares will generate the highest return on investment. By undertsting and applying Sinar Mas stock market strength indicators, traders can identify Sinar Mas Agro entry and exit signals to maximize returns
Sinar Mas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinar Mas' price direction in advance. Along with the technical and fundamental analysis of Sinar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinar 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 | (0.06) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | 0.73 |
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Other Information on Investing in Sinar Stock
Sinar Mas financial ratios help investors to determine whether Sinar 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 Sinar with respect to the benefits of owning Sinar Mas security.