Resource Alam (Indonesia) Price on July 25, 2024
KKGI Stock | IDR 535.00 20.00 3.88% |
If you're considering investing in Resource Stock, it is important to understand the factors that can impact its price. As of today, the current price of Resource Alam stands at 535.00, as last reported on the 11th of December 2024, with the highest price reaching 545.00 and the lowest price hitting 530.00 during the day. Resource Alam Indonesia maintains Sharpe Ratio (i.e., Efficiency) of -0.0369, which implies the firm had a -0.0369% return per unit of risk over the last 3 months. Resource Alam Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Resource Alam's Risk Adjusted Performance of (0.06), coefficient of variation of (1,141), and Variance of 3.68 to confirm the risk estimate we provide.
Resource Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Resource |
Sharpe Ratio = -0.0369
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Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Resource Alam 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 Resource Alam by adding Resource Alam to a well-diversified portfolio.
Resource Alam Valuation on July 25, 2024
It is possible to determine the worth of Resource Alam on a given historical date. On July 25, 2024 Resource was worth 565.0 at the beginning of the trading date compared to the closed value of 540.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resource Alam stock. Still, in general, we apply an absolute valuation method to find Resource Alam'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 Resource Alam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resource Alam's related companies.
Open | High | Low | Close | Volume | |
570.00 | 575.00 | 560.00 | 560.00 | 9,020,400 | |
07/25/2024 | 565.00 | 565.00 | 540.00 | 540.00 | 6,089,800 |
540.00 | 560.00 | 540.00 | 555.00 | 4,692,500 |
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Resource Alam Trading Date Momentum on July 25, 2024
On July 26 2024 Resource Alam Indonesia was traded for 555.00 at the closing time. The highest price during the trading period was 560.00 and the lowest recorded bid was listed for 540.00 . The volume for the day was 4.7 M. This history from July 26, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 2.78% . The trading delta at closing time to the current price is 6.48% . |
Resource Alam Indonesia Fundamentals Correlations and Trends
By evaluating Resource Alam'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 Resource Alam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resource Alam Stock history
Resource Alam 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 Resource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resource Alam 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 Resource Alam stock prices may prove useful in developing a viable investing in Resource Alam
PT Resource Alam Indonesia Tbk engages in coal and methane mining in Indonesia. PT Resource Alam Indonesia Tbk was founded in 1981 and is headquartered in Central Jakarta, Indonesia. Resource Alam operates under Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 407 people.
Resource Alam Stock Technical Analysis
Resource Alam 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
Resource Alam Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Resource Alam 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.
Resource Alam December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Resource Alam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resource Alam shares will generate the highest return on investment. By undertsting and applying Resource Alam stock market strength indicators, traders can identify Resource Alam Indonesia entry and exit signals to maximize returns
Resource Alam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resource Alam's price direction in advance. Along with the technical and fundamental analysis of Resource Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resource 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 | (0.06) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (0.97) |
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Other Information on Investing in Resource Stock
Resource Alam financial ratios help investors to determine whether Resource 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 Resource with respect to the benefits of owning Resource Alam security.