Clipan Finance (Indonesia) Price on August 25, 2023
CFIN Stock | IDR 306.00 2.00 0.65% |
If you're considering investing in Clipan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Clipan Finance stands at 306.00, as last reported on the 4th of December, with the highest price reaching 310.00 and the lowest price hitting 302.00 during the day. Clipan Finance Indonesia secures Sharpe Ratio (or Efficiency) of -0.45, which signifies that the company had a -0.45% return per unit of risk over the last 3 months. Clipan Finance Indonesia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clipan Finance's Mean Deviation of 0.8453, standard deviation of 1.16, and Risk Adjusted Performance of (0.31) to double-check the risk estimate we provide.
Clipan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Clipan |
Sharpe Ratio = -0.4483
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Estimated Market Risk
1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.45 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clipan Finance 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 Clipan Finance by adding Clipan Finance to a well-diversified portfolio.
Clipan Finance Valuation on August 25, 2023
It is possible to determine the worth of Clipan Finance on a given historical date. On August 25, 2023 Clipan was worth 640.0 at the beginning of the trading date compared to the closed value of 620.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clipan Finance stock. Still, in general, we apply an absolute valuation method to find Clipan Finance'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 Clipan Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clipan Finance's related companies.
Open | High | Low | Close | Volume | |
625.00 | 645.00 | 625.00 | 635.00 | 15,283,200 | |
08/25/2023 | 640.00 | 640.00 | 615.00 | 620.00 | 12,691,500 |
620.00 | 640.00 | 615.00 | 615.00 | 16,620,200 |
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Clipan Finance Trading Date Momentum on August 25, 2023
On August 28 2023 Clipan Finance Indonesia was traded for 615.00 at the closing time. The highest price during the trading period was 640.00 and the lowest recorded bid was listed for 615.00 . The volume for the day was 16.6 M. This history from August 28, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.81% . The overall trading delta to the current price is 1.61% . |
Clipan Finance Indonesia Fundamentals Correlations and Trends
By evaluating Clipan Finance'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 Clipan Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clipan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clipan Finance Stock history
Clipan Finance 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 Clipan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clipan Finance 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 Clipan Finance stock prices may prove useful in developing a viable investing in Clipan Finance
Clipan Finance Indonesia Tbk provides financial leasing and consumer financing services. Clipan Finance Indonesia Tbk is a subsidiary of PT Bank Pan Indonesia Tbk. Clipan Finance operates under Credit Services classification in Indonesia and is traded on Jakarta Stock Exchange.
Clipan Finance Stock Technical Analysis
Clipan Finance 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
Clipan Finance Period Price Range
Low | December 4, 2024
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0.00 | 0.00 |
Clipan Finance Indonesia cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta 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.
Clipan Finance December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Clipan Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clipan Finance shares will generate the highest return on investment. By undertsting and applying Clipan Finance stock market strength indicators, traders can identify Clipan Finance Indonesia entry and exit signals to maximize returns
Clipan Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clipan Finance's price direction in advance. Along with the technical and fundamental analysis of Clipan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clipan 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 | (0.31) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 1.23 |
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Other Information on Investing in Clipan Stock
Clipan Finance financial ratios help investors to determine whether Clipan 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 Clipan with respect to the benefits of owning Clipan Finance security.