Indah Kiat (Indonesia) Price on February 22, 2024
| INKP Stock | IDR 9,650 50.00 0.52% |
If you're considering investing in Indah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indah Kiat stands at 9,650, as last reported on the 21st of May, with the highest price reaching 9,800 and the lowest price hitting 9,550 during the day. Indah Kiat appears to be very steady, given 3 months investment horizon. Indah Kiat Pulp holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Indah Kiat Pulp, which you can use to evaluate the volatility of the firm. Please utilize Indah Kiat's Market Risk Adjusted Performance of (2.70), risk adjusted performance of 0.0885, and Downside Deviation of 2.13 to validate if our risk estimates are consistent with your expectations.
Indah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Indah |
Sharpe Ratio = 0.1786
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Indah Kiat is performing at about 13% 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 Indah Kiat by adding it to a well-diversified portfolio.
Indah Kiat Valuation on February 22, 2024
It is possible to determine the worth of Indah Kiat on a given historical date. On February 22, 2024 Indah was worth 7800.0 at the beginning of the trading date compared to the closed value of 7900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indah Kiat stock. Still, in general, we apply an absolute valuation method to find Indah Kiat'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 Indah Kiat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indah Kiat's related companies.
| Open | High | Low | Close | Volume | |
| 7,775 | 7,775 | 7,700 | 7,775 | 3,501,400 | |
02/22/2024 | 7,800 | 7,925 | 7,725 | 7,900 | 5,077,700 |
| 7,975 | 7,975 | 7,825 | 7,925 | 4,086,400 |
| Backtest Indah Kiat | | | Indah Kiat History | | | Indah Kiat Valuation | Previous | Next |
Indah Kiat Trading Date Momentum on February 22, 2024
| On February 23 2024 Indah Kiat Pulp was traded for 7,925 at the closing time. The highest price during the trading period was 7,975 and the lowest recorded bid was listed for 7,825 . The volume for the day was 4.1 M. This history from February 23, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the current price is 13.29% . |
Indah Kiat Pulp Fundamentals Correlations and Trends
By evaluating Indah Kiat'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 Indah Kiat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indah financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Indah Kiat Stock history
Indah Kiat 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 Indah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indah Kiat Pulp 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 Indah Kiat stock prices may prove useful in developing a viable investing in Indah Kiat
Indah Kiat Stock Technical Analysis
Indah Kiat 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
Indah Kiat Period Price Range
Low | February 22, 2024
| High |
7,800 | 7,900 |
Indah Kiat May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Indah Kiat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indah Kiat shares will generate the highest return on investment. By undertsting and applying Indah Kiat stock market strength indicators, traders can identify Indah Kiat Pulp entry and exit signals to maximize returns
| Accumulation Distribution | 128144.0 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7825.0 | |||
| Day Typical Price | 7850.0 | |||
| Price Action Indicator | 125.0 | |||
| Period Momentum Indicator | 1750.0 |
Indah Kiat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Indah Kiat's price direction in advance. Along with the technical and fundamental analysis of Indah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indah 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 | 0.0885 | |||
| Jensen Alpha | 0.3381 | |||
| Total Risk Alpha | 0.0442 | |||
| Sortino Ratio | 0.1227 | |||
| Treynor Ratio | (2.71) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indah Kiat Pulp. 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Indah Stock analysis
When running Indah Kiat's price analysis, check to measure Indah Kiat'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 Indah Kiat is operating at the current time. Most of Indah Kiat's value examination focuses on studying past and present price action to predict the probability of Indah Kiat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indah Kiat's price. Additionally, you may evaluate how the addition of Indah Kiat to your portfolios can decrease your overall portfolio volatility.
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