Multipolar Technology (Indonesia) Price on April 30, 2024
| MLPT Stock | IDR 1,240 10.00 0.81% |
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 1,240, as last reported on the 23rd of May, with the highest price reaching 1,255 and the lowest price hitting 1,210 during the day. Multipolar Technology Tbk has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Multipolar Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Multipolar Technology's Risk Adjusted Performance of (0.07), standard deviation of 2.58, and Mean Deviation of 1.71 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.
Multipolar |
Sharpe Ratio = -0.1256
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| Negative Returns | MLPT |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 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 April 30, 2024
It is possible to determine the worth of Multipolar Technology on a given historical date. On April 30, 2024 Multipolar was worth 1560.0 at the beginning of the trading date compared to the closed value of 1428.94. 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 | |
| 1,510 | 1,550 | 1,396 | 1,396 | 4,600 | |
04/30/2024 | 1,560 | 1,570 | 1,415 | 1,429 | 14,200 |
| 1,540 | 1,595 | 1,452 | 1,452 | 77,500 |
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Multipolar Technology Trading Date Momentum on April 30, 2024
| On May 02 2024 Multipolar Technology Tbk was traded for 1,452 at the closing time. The highest price during the trading period was 1,595 and the lowest recorded bid was listed for 1,452 . The volume for the day was 77.5 K. This history from May 2, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 1.63% . The trading delta at closing time to the current price is 2.03% . |
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.
Price Boundaries
Multipolar Technology Period Price Range
Low | April 30, 2024
| High |
1,560 | 1,429 |
Multipolar Technology May 23, 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
| Accumulation Distribution | 1401.91 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1492.5 | |||
| Day Typical Price | 1471.31 | |||
| Market Facilitation Index | 0.0109 | |||
| Price Action Indicator | (129.09) | |||
| Period Momentum Indicator | (188.94) | |||
| Relative Strength Index | 38.34 |
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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.7499 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multipolar Technology 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Multipolar Stock analysis
When running Multipolar Technology's price analysis, check to measure Multipolar Technology'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 Multipolar Technology is operating at the current time. Most of Multipolar Technology's value examination focuses on studying past and present price action to predict the probability of Multipolar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multipolar Technology's price. Additionally, you may evaluate how the addition of Multipolar Technology to your portfolios can decrease your overall portfolio volatility.
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