Midi Utama (Indonesia) Price on October 20, 2023
| MIDI Stock | IDR 400.00 16.00 3.85% |
If you're considering investing in Midi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Midi Utama stands at 400.00, as last reported on the 5th of May, with the highest price reaching 406.00 and the lowest price hitting 398.00 during the day. We consider Midi Utama very steady. Midi Utama Indonesia has Sharpe Ratio of 0.0135, which conveys that the firm had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Midi Utama, which you can use to evaluate the volatility of the firm. Please verify Midi Utama's Risk Adjusted Performance of 0.0165, mean deviation of 2.06, and Downside Deviation of 2.95 to check out if the risk estimate we provide is consistent with the expected return of 0.0374%.
Midi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Midi |
Sharpe Ratio = 0.0135
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MIDI |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Midi Utama 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 Midi Utama by adding it to a well-diversified portfolio.
Midi Utama Valuation on October 20, 2023
It is possible to determine the worth of Midi Utama on a given historical date. On October 20, 2023 Midi was worth 478.0 at the beginning of the trading date compared to the closed value of 490.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Midi Utama stock. Still, in general, we apply an absolute valuation method to find Midi Utama'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 Midi Utama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Midi Utama's related companies.
| Open | High | Low | Close | Volume | |
| 498.00 | 498.00 | 476.00 | 478.00 | 29,136,600 | |
10/20/2023 | 478.00 | 498.00 | 472.00 | 490.00 | 30,533,300 |
| 492.00 | 494.00 | 476.00 | 478.00 | 38,135,800 |
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Midi Utama Trading Date Momentum on October 20, 2023
| On October 23 2023 Midi Utama Indonesia was traded for 478.00 at the closing time. The highest price during the trading period was 494.00 and the lowest recorded bid was listed for 476.00 . The volume for the day was 38.1 M. This history from October 23, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.45% . The trading delta at closing time to the current price is 2.04% . |
Midi Utama Indonesia Fundamentals Correlations and Trends
By evaluating Midi Utama'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 Midi Utama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Midi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Midi Utama Stock history
Midi Utama 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 Midi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Midi Utama Indonesia 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 Midi Utama stock prices may prove useful in developing a viable investing in Midi Utama
Midi Utama Stock Technical Analysis
Midi Utama 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
Midi Utama Period Price Range
Low | October 20, 2023
| High |
478.00 | 490.00 |
Midi Utama May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Midi Utama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Midi Utama shares will generate the highest return on investment. By undertsting and applying Midi Utama stock market strength indicators, traders can identify Midi Utama Indonesia entry and exit signals to maximize returns
| Accumulation Distribution | 1.6 M | |||
| Daily Balance Of Power | 0.4615 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 485.0 | |||
| Day Typical Price | 486.67 | |||
| Price Action Indicator | 11.0 | |||
| Period Momentum Indicator | (90.00) |
Midi Utama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Midi Utama's price direction in advance. Along with the technical and fundamental analysis of Midi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Midi 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 | 0.0165 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0482 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midi Utama Indonesia. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Midi Stock analysis
When running Midi Utama's price analysis, check to measure Midi Utama'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 Midi Utama is operating at the current time. Most of Midi Utama's value examination focuses on studying past and present price action to predict the probability of Midi Utama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midi Utama's price. Additionally, you may evaluate how the addition of Midi Utama to your portfolios can decrease your overall portfolio volatility.
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