Akr Corporindo (Indonesia) Price on February 6, 2024
| AKRA Stock | IDR 1,595 25.00 1.59% |
If you're considering investing in Akr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akr Corporindo stands at 1,595, as last reported on the 26th of May, with the highest price reaching 1,600 and the lowest price hitting 1,565 during the day. We consider Akr Corporindo very steady. Akr Corporindo Tbk secures Sharpe Ratio (or Efficiency) of 0.0242, which signifies that the company had a 0.0242% return per unit of risk over the last 3 months. We have found thirty technical indicators for Akr Corporindo Tbk, which you can use to evaluate the volatility of the firm. Please confirm Akr Corporindo's Downside Deviation of 2.17, mean deviation of 1.35, and Risk Adjusted Performance of 0.0196 to double-check if the risk estimate we provide is consistent with the expected return of 0.0526%.
Akr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akr |
Sharpe Ratio = 0.0242
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Akr Corporindo is performing at about 1% 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 Akr Corporindo by adding it to a well-diversified portfolio.
Akr Corporindo Valuation on February 6, 2024
It is possible to determine the worth of Akr Corporindo on a given historical date. On February 6, 2024 Akr was worth 1620.0 at the beginning of the trading date compared to the closed value of 1580.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akr Corporindo stock. Still, in general, we apply an absolute valuation method to find Akr Corporindo'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 Akr Corporindo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akr Corporindo's related companies.
| Open | High | Low | Close | Volume | |
| 1,600 | 1,615 | 1,556 | 1,556 | 24,985,800 | |
02/06/2024 | 1,620 | 1,645 | 1,581 | 1,581 | 20,643,800 |
| 1,630 | 1,640 | 1,571 | 1,571 | 9,645,800 |
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Akr Corporindo Trading Date Momentum on February 6, 2024
| On February 07 2024 Akr Corporindo Tbk was traded for 1,571 at the closing time. The highest price during the trading period was 1,640 and the lowest recorded bid was listed for 1,571 . The volume for the day was 9.6 M. This history from February 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.61% . The overall trading delta to the current price is 3.76% . |
Akr Corporindo Tbk Fundamentals Correlations and Trends
By evaluating Akr Corporindo'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 Akr Corporindo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akr Corporindo Stock history
Akr Corporindo 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 Akr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akr Corporindo 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 Akr Corporindo stock prices may prove useful in developing a viable investing in Akr Corporindo
Akr Corporindo Stock Technical Analysis
Akr Corporindo 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
Akr Corporindo Period Price Range
Low | February 6, 2024
| High |
1,620 | 1,581 |
Akr Corporindo May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Akr Corporindo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akr Corporindo shares will generate the highest return on investment. By undertsting and applying Akr Corporindo stock market strength indicators, traders can identify Akr Corporindo Tbk entry and exit signals to maximize returns
| Accumulation Distribution | 808057.0 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1612.8 | |||
| Day Typical Price | 1602.07 | |||
| Price Action Indicator | (51.89) | |||
| Period Momentum Indicator | 14.39 | |||
| Relative Strength Index | 42.96 |
Akr Corporindo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akr Corporindo's price direction in advance. Along with the technical and fundamental analysis of Akr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akr 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 | 0.0196 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4121 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akr Corporindo Tbk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Akr Stock analysis
When running Akr Corporindo's price analysis, check to measure Akr Corporindo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akr Corporindo is operating at the current time. Most of Akr Corporindo's value examination focuses on studying past and present price action to predict the probability of Akr Corporindo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akr Corporindo's price. Additionally, you may evaluate how the addition of Akr Corporindo to your portfolios can decrease your overall portfolio volatility.
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