Tanah Laut (Indonesia) Price on October 3, 2024
| INDX Stock | IDR 86.00 1.00 1.18% |
If you're considering investing in Tanah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tanah Laut stands at 86.00, as last reported on the 12th of December 2024, with the highest price reaching 88.00 and the lowest price hitting 84.00 during the day. Tanah Laut Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0585, which indicates the firm had a -0.0585% return per unit of risk over the last 3 months. Tanah Laut Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tanah Laut's Variance of 3.18, risk adjusted performance of (0.1), and Coefficient Of Variation of (693.78) to confirm the risk estimate we provide.
Tanah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tanah |
Sharpe Ratio = -0.0585
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tanah Laut 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 Tanah Laut by adding Tanah Laut to a well-diversified portfolio.
Tanah Laut Valuation on October 3, 2024
It is possible to determine the worth of Tanah Laut on a given historical date. On October 3, 2024 Tanah was worth 84.0 at the beginning of the trading date compared to the closed value of 86.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tanah Laut stock. Still, in general, we apply an absolute valuation method to find Tanah Laut'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 Tanah Laut where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tanah Laut's related companies.
| Open | High | Low | Close | Volume | |
| 80.00 | 89.00 | 80.00 | 86.00 | 589,500 | |
10/03/2024 | 84.00 | 88.00 | 84.00 | 86.00 | 318,000 |
| 80.00 | 91.00 | 80.00 | 85.00 | 3,249,700 |
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Tanah Laut Trading Date Momentum on October 3, 2024
| On October 04 2024 Tanah Laut Tbk was traded for 85.00 at the closing time. The highest price during the trading period was 91.00 and the lowest recorded bid was listed for 80.00 . The volume for the day was 3.2 M. This history from October 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.16% . The trading price change to the current price is 9.30% . |
Tanah Laut Tbk Fundamentals Correlations and Trends
By evaluating Tanah Laut'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 Tanah Laut's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tanah financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tanah Laut Stock history
Tanah Laut 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 Tanah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tanah Laut 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 Tanah Laut stock prices may prove useful in developing a viable investing in Tanah Laut
Tanah Laut Stock Technical Analysis
Tanah Laut 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
Tanah Laut Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tanah Laut 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.
Tanah Laut December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tanah Laut stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tanah Laut shares will generate the highest return on investment. By undertsting and applying Tanah Laut stock market strength indicators, traders can identify Tanah Laut Tbk entry and exit signals to maximize returns
Tanah Laut Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tanah Laut's price direction in advance. Along with the technical and fundamental analysis of Tanah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tanah 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 | (0.1) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 0.586 |
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Other Information on Investing in Tanah Stock
Tanah Laut financial ratios help investors to determine whether Tanah 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 Tanah with respect to the benefits of owning Tanah Laut security.