Itama Ranoraya (Indonesia) Price on December 20, 2023
| IRRA Stock | IDR 408.00 12.00 2.86% |
If you're considering investing in Itama Stock, it is important to understand the factors that can impact its price. As of today, the current price of Itama Ranoraya stands at 408.00, as last reported on the 3rd of December, with the highest price reaching 422.00 and the lowest price hitting 400.00 during the day. Itama Ranoraya holds Efficiency (Sharpe) Ratio of -0.28, which attests that the entity had a -0.28% return per unit of risk over the last 3 months. Itama Ranoraya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Itama Ranoraya's Standard Deviation of 0.9972, market risk adjusted performance of (5.20), and Risk Adjusted Performance of (0.23) to validate the risk estimate we provide.
Itama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Itama |
Sharpe Ratio = -0.2754
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Itama Ranoraya 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 Itama Ranoraya by adding Itama Ranoraya to a well-diversified portfolio.
Itama Ranoraya Valuation on December 20, 2023
It is possible to determine the worth of Itama Ranoraya on a given historical date. On December 20, 2023 Itama was worth 885.0 at the beginning of the trading date compared to the closed value of 870.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Itama Ranoraya stock. Still, in general, we apply an absolute valuation method to find Itama Ranoraya'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 Itama Ranoraya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Itama Ranoraya's related companies.
| Open | High | Low | Close | Volume | |
| 730.00 | 855.00 | 685.00 | 855.00 | 130,225,400 | |
12/20/2023 | 885.00 | 1,045 | 810.00 | 870.00 | 128,115,900 |
| 865.00 | 875.00 | 690.00 | 760.00 | 52,839,600 |
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Itama Ranoraya Trading Date Momentum on December 20, 2023
| On December 21 2023 Itama Ranoraya was traded for 760.00 at the closing time. The highest price during the trading period was 875.00 and the lowest recorded bid was listed for 690.00 . The volume for the day was 52.8 M. This history from December 21, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 12.64% . The trading delta at closing time to the current price is 8.05% . |
Itama Ranoraya Fundamentals Correlations and Trends
By evaluating Itama Ranoraya'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 Itama Ranoraya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Itama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Itama Ranoraya Stock history
Itama Ranoraya 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 Itama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Itama Ranoraya 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 Itama Ranoraya stock prices may prove useful in developing a viable investing in Itama Ranoraya
PT Itama Ranoraya Tbk engages in the procurement of health goods in Indonesia. PT Itama Ranoraya Tbk is a subsidiary of PT Global Dinamika Kencana. Itama Ranoraya operates under Medical Distribution classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 180 people.
Itama Ranoraya Stock Technical Analysis
Itama Ranoraya 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
Itama Ranoraya Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Itama Ranoraya 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.
Itama Ranoraya December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Itama Ranoraya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Itama Ranoraya shares will generate the highest return on investment. By undertsting and applying Itama Ranoraya stock market strength indicators, traders can identify Itama Ranoraya entry and exit signals to maximize returns
Itama Ranoraya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Itama Ranoraya's price direction in advance. Along with the technical and fundamental analysis of Itama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Itama 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 | (0.23) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (5.21) |
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Other Information on Investing in Itama Stock
Itama Ranoraya financial ratios help investors to determine whether Itama 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 Itama with respect to the benefits of owning Itama Ranoraya security.