Era Mandiri (Indonesia) Price on December 6, 2024

IKAN Stock  IDR 25.00  1.00  4.17%   
If you're considering investing in Era Stock, it is important to understand the factors that can impact its price. As of today, the current price of Era Mandiri stands at 25.00, as last reported on the 13th of December 2024, with the highest price reaching 25.00 and the lowest price hitting 25.00 during the day. Era Mandiri Cemerlang secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2% return per unit of standard deviation over the last 3 months. Era Mandiri Cemerlang exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Era Mandiri's Standard Deviation of 3.2, coefficient of variation of (514.68), and Mean Deviation of 2.31 to check the risk estimate we provide.
  
Era Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1955

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Estimated Market Risk

 3.19
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.62
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Era Mandiri 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 Era Mandiri by adding Era Mandiri to a well-diversified portfolio.

Era Mandiri Valuation on December 6, 2024

It is possible to determine the worth of Era Mandiri on a given historical date. On December 6, 2024 Era was worth 24.0 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Era Mandiri stock. Still, in general, we apply an absolute valuation method to find Era Mandiri'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 Era Mandiri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Era Mandiri's related companies.
 Open High Low Close Volume
  26.00    26.00    24.00    24.00    178,500  
12/06/2024
  24.00    24.00    24.00    24.00    8,400  
  24.00    25.00    24.00    25.00    190,500  
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Open Value
24.0
24.0
Closing Value
33.56
Upside

Era Mandiri Trading Date Momentum on December 6, 2024

On December 09 2024 Era Mandiri Cemerlang was traded for  25.00  at the closing time. The highest price during the trading period was 25.00  and the lowest recorded bid was listed for  24.00 . The volume for the day was 190.5 K. This history from December 9, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 4.17% . The overall trading delta to the current price is 4.17% .

Era Mandiri Cemerlang Fundamentals Correlations and Trends

By evaluating Era Mandiri'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 Era Mandiri's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Era financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Era Mandiri Stock history

Era Mandiri 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 Era is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Era Mandiri Cemerlang 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 Era Mandiri stock prices may prove useful in developing a viable investing in Era Mandiri
PT Era Mandiri Cemerlang Tbk operates in the processing and trade sectors of fishery products in Indonesia and internationally. PT Era Mandiri Cemerlang Tbk is a subsidiary of PT Berkah Delapan Samudera. Era Mandiri operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 72 people.

Era Mandiri Stock Technical Analysis

Era Mandiri 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.
A focus of Era Mandiri technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Era Mandiri trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Era Mandiri Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Era Mandiri Cemerlang 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.

Era Mandiri December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Era Mandiri stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Era Mandiri shares will generate the highest return on investment. By undertsting and applying Era Mandiri stock market strength indicators, traders can identify Era Mandiri Cemerlang entry and exit signals to maximize returns

Era Mandiri Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Era Mandiri's price direction in advance. Along with the technical and fundamental analysis of Era Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Era 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.

Other Information on Investing in Era Stock

Era Mandiri financial ratios help investors to determine whether Era 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 Era with respect to the benefits of owning Era Mandiri security.