Multipolar Technology (Indonesia) Price on February 13, 2024

MLPT Stock  IDR 1,230  20.00  1.65%   
If you're considering investing in Multipolar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multipolar Technology stands at 1,230, as last reported on the 4th of June, with the highest price reaching 1,235 and the lowest price hitting 1,210 during the day. Multipolar Technology Tbk has Sharpe Ratio of -0.091, which conveys that the firm had a -0.091% return per unit of risk over the last 3 months. Multipolar Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Multipolar Technology's Standard Deviation of 2.24, mean deviation of 1.55, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
  
Multipolar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.091

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Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Multipolar Technology 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 Multipolar Technology by adding Multipolar Technology to a well-diversified portfolio.

Multipolar Technology Valuation on February 13, 2024

It is possible to determine the worth of Multipolar Technology on a given historical date. On February 13, 2024 Multipolar was worth 1540.0 at the beginning of the trading date compared to the closed value of 1489.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multipolar Technology stock. Still, in general, we apply an absolute valuation method to find Multipolar Technology'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 Multipolar Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multipolar Technology's related companies.
 Open High Low Close Volume
  1,540    1,590    1,438    1,438    18,200  
02/13/2024
  1,540    1,600    1,490    1,490    11,800  
  1,595    1,595    1,471    1,471    5,200  
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Open Value
1540.0
1489.65
Closing Value
1,547
Upside

Multipolar Technology Trading Date Momentum on February 13, 2024

On February 15 2024 Multipolar Technology Tbk was traded for  1,471  at the closing time. The highest price during the trading period was 1,595  and the lowest recorded bid was listed for  1,471 . The volume for the day was 5.2 K. This history from February 15, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.25% . The trading delta at closing time to the current price is 3.04% .

Multipolar Technology Tbk Fundamentals Correlations and Trends

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

About Multipolar Technology Stock history

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

Multipolar Technology Stock Technical Analysis

Multipolar Technology 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 Multipolar Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Multipolar Technology 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

Multipolar Technology Period Price Range

Low
February 13, 2024
-50.35  -3.27%
High

 1,540 

     

 1,490 

Multipolar Technology June 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Multipolar Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Multipolar Technology shares will generate the highest return on investment. By undertsting and applying Multipolar Technology stock market strength indicators, traders can identify Multipolar Technology Tbk entry and exit signals to maximize returns

Multipolar Technology Technical and Predictive Indicators

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

Multipolar Technology financial ratios help investors to determine whether Multipolar 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 Multipolar with respect to the benefits of owning Multipolar Technology security.