Dharma Polimetal (Indonesia) Price on November 16, 2023
DRMA Stock | 1,005 5.00 0.50% |
If you're considering investing in Dharma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dharma Polimetal stands at 1,005, as last reported on the 29th of November, with the highest price reaching 1,025 and the lowest price hitting 1,000.00 during the day. Dharma Polimetal Tbk secures Sharpe Ratio (or Efficiency) of -0.0801, which denotes the company had a -0.0801% return per unit of standard deviation over the last 3 months. Dharma Polimetal Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dharma Polimetal's Standard Deviation of 1.57, coefficient of variation of (1,339), and Mean Deviation of 1.17 to check the risk estimate we provide.
Dharma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dharma |
Sharpe Ratio = -0.0801
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dharma Polimetal 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 Dharma Polimetal by adding Dharma Polimetal to a well-diversified portfolio.
Dharma Polimetal Valuation on November 16, 2023
It is possible to determine the worth of Dharma Polimetal on a given historical date. On November 16, 2023 Dharma was worth 1292.07 at the beginning of the trading date compared to the closed value of 1282.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dharma Polimetal stock. Still, in general, we apply an absolute valuation method to find Dharma Polimetal'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 Dharma Polimetal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dharma Polimetal's related companies.
Open | High | Low | Close | Volume | |
1,210 | 1,297 | 1,210 | 1,292 | 9,050,600 | |
11/16/2023 | 1,292 | 1,297 | 1,263 | 1,282 | 3,039,500 |
1,287 | 1,383 | 1,287 | 1,364 | 12,007,000 |
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Dharma Polimetal Trading Date Momentum on November 16, 2023
On November 17 2023 Dharma Polimetal Tbk was traded for 1,364 at the closing time. The highest price during the trading period was 1,383 and the lowest recorded bid was listed for 1,287 . The volume for the day was 12 M. This history from November 17, 2023 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 6.37% . The overall trading delta to the current price is 10.11% . |
Dharma Polimetal Tbk Fundamentals Correlations and Trends
By evaluating Dharma Polimetal'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 Dharma Polimetal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dharma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dharma Polimetal Stock history
Dharma Polimetal 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 Dharma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dharma Polimetal 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 Dharma Polimetal stock prices may prove useful in developing a viable investing in Dharma Polimetal
Dharma Polimetal Stock Technical Analysis
Dharma Polimetal 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
Dharma Polimetal Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Dharma Polimetal Tbk 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.
Dharma Polimetal November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dharma Polimetal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dharma Polimetal shares will generate the highest return on investment. By undertsting and applying Dharma Polimetal stock market strength indicators, traders can identify Dharma Polimetal Tbk entry and exit signals to maximize returns
Dharma Polimetal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dharma Polimetal's price direction in advance. Along with the technical and fundamental analysis of Dharma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dharma 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 | (0.05) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 0.3933 |
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Other Information on Investing in Dharma Stock
Dharma Polimetal financial ratios help investors to determine whether Dharma 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 Dharma with respect to the benefits of owning Dharma Polimetal security.