Adaro Energy Tbk Stock Price on September 30, 2024
ADOOY Stock | USD 9.00 2.40 21.05% |
If you're considering investing in Adaro Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Adaro Energy stands at 9.00, as last reported on the 30th of November, with the highest price reaching 10.99 and the lowest price hitting 6.83 during the day. Adaro Energy Tbk secures Sharpe Ratio (or Efficiency) of -0.0062, which signifies that the company had a -0.0062% return per unit of standard deviation over the last 3 months. Adaro Energy Tbk exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adaro Energy's mean deviation of 2.18, and Risk Adjusted Performance of 0.0145 to double-check the risk estimate we provide.
Adaro Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Adaro |
Sharpe Ratio = -0.0062
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Estimated Market Risk
4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Adaro Energy 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 Adaro Energy by adding Adaro Energy to a well-diversified portfolio.
Adaro Energy Valuation on September 30, 2024
It is possible to determine the worth of Adaro Energy on a given historical date. On September 30, 2024 Adaro was worth 13.0 at the beginning of the trading date compared to the closed value of 13.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adaro Energy pink sheet. Still, in general, we apply an absolute valuation method to find Adaro Energy'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 Adaro Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adaro Energy's related companies.
Open | High | Low | Close | Volume | |
13.00 | 13.00 | 13.00 | 13.00 | 8.00 | |
09/30/2024 | 13.00 | 13.00 | 13.00 | 13.00 | 1.00 |
12.88 | 12.90 | 12.64 | 12.90 | 2,500 |
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Adaro Energy Trading Date Momentum on September 30, 2024
On October 01 2024 Adaro Energy Tbk was traded for 12.90 at the closing time. The highest daily price throughout the period was 12.90 and the lowest price was 12.64 . The daily volume was 2.5 K. The net trading volume on 10/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.77% . The overall trading delta to current closing price is 9.46% . |
Adaro Energy Tbk Fundamentals Correlations and Trends
By evaluating Adaro Energy'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 Adaro Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adaro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adaro Energy Pink Sheet history
Adaro Energy 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 Adaro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adaro Energy 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 Adaro Energy stock prices may prove useful in developing a viable investing in Adaro Energy
PT Adaro Energy Indonesia Tbk, together with its subsidiaries, operates as an integrated energy producer in coal, energy, utilities, and supporting infrastructure sectors in Indonesia. PT Adaro Energy Indonesia Tbk was founded in 2004 and is headquartered in Jakarta, Indonesia. Adaro Energy operates under Thermal Coal classification in the United States and is traded on OTC Exchange. It employs 9849 people.
Adaro Energy Pink Sheet Technical Analysis
Adaro Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Adaro Energy Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Adaro Energy Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Adaro Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Adaro Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adaro Energy shares will generate the highest return on investment. By undertsting and applying Adaro Energy pink sheet market strength indicators, traders can identify Adaro Energy Tbk entry and exit signals to maximize returns
Adaro Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adaro Energy's price direction in advance. Along with the technical and fundamental analysis of Adaro Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adaro 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 | 0.0145 | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.63) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0136 |
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Additional Tools for Adaro Pink Sheet Analysis
When running Adaro Energy's price analysis, check to measure Adaro Energy'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 Adaro Energy is operating at the current time. Most of Adaro Energy's value examination focuses on studying past and present price action to predict the probability of Adaro Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adaro Energy's price. Additionally, you may evaluate how the addition of Adaro Energy to your portfolios can decrease your overall portfolio volatility.