Sumber Mas (Indonesia) Price on November 22, 2023

SMKM Stock   70.00  6.00  9.38%   
If you're considering investing in Sumber Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sumber Mas stands at 70.00, as last reported on the 26th of December, with the highest price reaching 72.00 and the lowest price hitting 70.00 during the day. Sumber Mas Konstruksi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0643, which indicates the firm had a -0.0643% return per unit of risk over the last 3 months. Sumber Mas Konstruksi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sumber Mas' Risk Adjusted Performance of (0.05), variance of 12.06, and Coefficient Of Variation of (1,370) to confirm the risk estimate we provide.
  
Sumber Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0643

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Estimated Market Risk

 3.55
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sumber 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 Sumber Mas by adding Sumber Mas to a well-diversified portfolio.

Sumber Mas Valuation on November 22, 2023

It is possible to determine the worth of Sumber Mas on a given historical date. On November 22, 2023 Sumber was worth 80.17 at the beginning of the trading date compared to the closed value of 79.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sumber Mas stock. Still, in general, we apply an absolute valuation method to find Sumber 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 Sumber Mas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sumber Mas' related companies.
 Open High Low Close Volume
  84.13    84.13    76.21    80.17    25,742,700  
11/22/2023
  80.17    81.16    76.21    79.18    14,806,100  
  79.18    81.16    71.27    71.27    17,874,200  
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Open Value
80.17
79.18
Closing Value
90.82
Upside

Sumber Mas Trading Date Momentum on November 22, 2023

On November 23 2023 Sumber Mas Konstruksi was traded for  71.27  at the closing time. The highest price during the trading period was 81.16  and the lowest recorded bid was listed for  71.27 . The volume for the day was 17.9 M. This history from November 23, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 9.99% . The trading price change to the current price is 13.74% .

Sumber Mas Konstruksi Fundamentals Correlations and Trends

By evaluating Sumber 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 Sumber Mas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sumber financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sumber Mas Stock history

Sumber 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 Sumber is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sumber Mas Konstruksi 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 Sumber Mas stock prices may prove useful in developing a viable investing in Sumber Mas

Sumber Mas Stock Technical Analysis

Sumber 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.
A focus of Sumber Mas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sumber Mas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sumber Mas Period Price Range

Low
December 26, 2024
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High

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Sumber Mas Konstruksi 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.

Sumber Mas December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Sumber 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 Sumber Mas shares will generate the highest return on investment. By undertsting and applying Sumber Mas stock market strength indicators, traders can identify Sumber Mas Konstruksi entry and exit signals to maximize returns

Sumber Mas Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sumber Mas' price direction in advance. Along with the technical and fundamental analysis of Sumber Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sumber 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.

Other Information on Investing in Sumber Stock

Sumber Mas financial ratios help investors to determine whether Sumber 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 Sumber with respect to the benefits of owning Sumber Mas security.