Supreme Cable (Indonesia) Today
Supreme Cable is selling for 2140.00 as of the 19th of April 2024. This is a -0.47 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2130.0. Supreme Cable has reported 1 for 4 split on 8th of March 2024. Equity ratings for Supreme Cable Manufacturing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Supreme Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Supreme Cable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Supreme Cable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Commissioner | Erwin Raharjo |
| Business Concentration | Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) |
Supreme Cable Manufacturing (SCCO) is traded on Jakarta Exchange in Indonesia and employs 787 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.76 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Supreme Cable's market, we take the total number of its shares issued and multiply it by Supreme Cable's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Supreme Cable Manufa operates under Electrical Equipment sector and is part of Industrials industry. The entity has 205.58 M outstanding shares.
Supreme Cable Manufacturing has accumulated about 601.33 B in cash with 51.53 B of positive cash flow from operations.
Check Supreme Cable Probability Of Bankruptcy
Supreme Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Supreme Cable jumping above the current price in 90 days from now is about 87.03%. The Supreme Cable Manufacturing probability density function shows the probability of Supreme Cable stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Supreme Cable Manufacturing has a beta of -0.3206. This usually implies as returns on the benchmark increase, returns on holding Supreme Cable are expected to decrease at a much lower rate. During a bear market, however, Supreme Cable Manufacturing is likely to outperform the market. Additionally, supreme Cable Manufacturing has an alpha of 0.0779, implying that it can generate a 0.0779 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Supreme Cable to move above the current price in 90 days from now is about 87.03 (This Supreme Cable Manufacturing probability density function shows the probability of Supreme Stock to fall within a particular range of prices over 90 days) .
Supreme Cable Manufa Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Supreme Cable market risk premium is the additional return an investor will receive from holding Supreme Cable long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Supreme Cable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Supreme Cable's alpha and beta are two of the key measurements used to evaluate Supreme Cable's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 3.97 | |||
| Variance | 15.77 |
Supreme Stock Against Markets
Picking the right benchmark for Supreme Cable stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Supreme Cable stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Supreme Cable is critical whether you are bullish or bearish towards Supreme Cable Manufacturing at a given time. Please also check how Supreme Cable's historical prices are related to one of the top price index indicators.
Supreme Cable Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Supreme Cable stock to make a market-neutral strategy. Peer analysis of Supreme Cable could also be used in its relative valuation, which is a method of valuing Supreme Cable by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Supreme Stock?
Before investing in Supreme Cable, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Supreme Cable. To buy Supreme Cable stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Supreme Cable. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Supreme Cable stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Supreme Cable Manufacturing stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Supreme Cable Manufacturing stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Supreme Cable Manufacturing, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Supreme Cable Manufacturing?
The danger of trading Supreme Cable Manufacturing is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Supreme Cable is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Supreme Cable. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Supreme Cable Manufa is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Supreme Stock analysis
When running Supreme Cable's price analysis, check to measure Supreme Cable'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 Supreme Cable is operating at the current time. Most of Supreme Cable's value examination focuses on studying past and present price action to predict the probability of Supreme Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supreme Cable's price. Additionally, you may evaluate how the addition of Supreme Cable to your portfolios can decrease your overall portfolio volatility.
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