Indofood Cbp (Indonesia) Price on March 4, 2024
| ICBP Stock | IDR 10,875 200.00 1.87% |
If you're considering investing in Indofood Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indofood Cbp stands at 10,875, as last reported on the 1st of May, with the highest price reaching 10,975 and the lowest price hitting 10,700 during the day. Indofood Cbp Sukses holds Efficiency (Sharpe) Ratio of -0.0462, which attests that the entity had a -0.0462% return per unit of risk over the last 3 months. Indofood Cbp Sukses exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indofood Cbp's Standard Deviation of 2.03, risk adjusted performance of 3.0E-4, and Market Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
Indofood Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indofood |
Sharpe Ratio = -0.0462
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| Negative Returns | ICBP |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Indofood Cbp 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 Indofood Cbp by adding Indofood Cbp to a well-diversified portfolio.
Indofood Cbp Valuation on March 4, 2024
It is possible to determine the worth of Indofood Cbp on a given historical date. On March 4, 2024 Indofood was worth 11625.0 at the beginning of the trading date compared to the closed value of 11450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indofood Cbp stock. Still, in general, we apply an absolute valuation method to find Indofood Cbp'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 Indofood Cbp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indofood Cbp's related companies.
| Open | High | Low | Close | Volume | |
| 11,475 | 11,625 | 11,475 | 11,625 | 9,250,500 | |
03/04/2024 | 11,625 | 11,625 | 11,450 | 11,450 | 3,310,000 |
| 11,450 | 11,475 | 11,350 | 11,375 | 3,559,500 |
| Backtest Indofood Cbp | | | Indofood Cbp History | | | Indofood Cbp Valuation | Previous | Next |
Indofood Cbp Trading Date Momentum on March 4, 2024
| On March 05 2024 Indofood Cbp Sukses was traded for 11,375 at the closing time. The highest price during the trading period was 11,475 and the lowest recorded bid was listed for 11,350 . The volume for the day was 3.6 M. This history from March 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.66% . The trading delta at closing time to the current price is 6.33% . |
Indofood Cbp Sukses Fundamentals Correlations and Trends
By evaluating Indofood Cbp'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 Indofood Cbp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indofood financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indofood Cbp Stock history
Indofood Cbp 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 Indofood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indofood Cbp Sukses 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 Indofood Cbp stock prices may prove useful in developing a viable investing in Indofood Cbp
PT Indofood CBP Sukses Makmur Tbk, together with its subsidiaries, produces and sells consumers products in Indonesia, rest of Asia, the Middle East, Africa, and internationally. PT Indofood CBP Sukses Makmur Tbk is a subsidiary of PT Indofood Sukses Makmur Tbk. Indofood CBP operates under Packaged Foods classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 35637 people.
Indofood Cbp Stock Technical Analysis
Indofood Cbp 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
Indofood Cbp Period Price Range
Low | March 4, 2024
| High |
11,625 | 11,450 |
Indofood Cbp May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Indofood Cbp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indofood Cbp shares will generate the highest return on investment. By undertsting and applying Indofood Cbp stock market strength indicators, traders can identify Indofood Cbp Sukses entry and exit signals to maximize returns
| Accumulation Distribution | 49827.96 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 11537.5 | |||
| Day Typical Price | 11508.33 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (175.00) | |||
| Period Momentum Indicator | (575.00) | |||
| Relative Strength Index | 34.68 |
Indofood Cbp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indofood Cbp's price direction in advance. Along with the technical and fundamental analysis of Indofood Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indofood 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 | 3.0E-4 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.06) |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indofood Cbp Sukses. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Indofood Stock analysis
When running Indofood Cbp's price analysis, check to measure Indofood Cbp'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 Indofood Cbp is operating at the current time. Most of Indofood Cbp's value examination focuses on studying past and present price action to predict the probability of Indofood Cbp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indofood Cbp's price. Additionally, you may evaluate how the addition of Indofood Cbp to your portfolios can decrease your overall portfolio volatility.
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