PAM Mineral (Indonesia) Price on November 1, 2024
| NICL Stock | 290.00 8.00 2.84% |
If you're considering investing in PAM Stock, it is important to understand the factors that can impact its price. As of today, the current price of PAM Mineral stands at 290.00, as last reported on the 11th of December 2024, with the highest price reaching 294.00 and the lowest price hitting 286.00 during the day. As of now, PAM Stock is very steady. PAM Mineral Tbk maintains Sharpe Ratio (i.e., Efficiency) of 0.0521, which implies the company had a 0.0521% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for PAM Mineral Tbk, which you can use to evaluate the volatility of the entity. Please check PAM Mineral's coefficient of variation of 2223.43, and Market Risk Adjusted Performance of (0.69) to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
PAM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PAM |
Sharpe Ratio = 0.0521
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average PAM Mineral is performing at about 4% of its full potential. 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 PAM Mineral by adding it to a well-diversified portfolio.
PAM Mineral Valuation on November 1, 2024
It is possible to determine the worth of PAM Mineral on a given historical date. On November 1, 2024 PAM was worth 267.43 at the beginning of the trading date compared to the closed value of 263.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PAM Mineral stock. Still, in general, we apply an absolute valuation method to find PAM Mineral'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 PAM Mineral where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PAM Mineral's related companies.
| Open | High | Low | Close | Volume | |
| 271.31 | 281.00 | 267.43 | 267.43 | 9,178,600 | |
11/01/2024 | 267.43 | 271.31 | 263.56 | 263.56 | 12,736,200 |
| 267.43 | 267.43 | 251.93 | 259.68 | 3,784,800 |
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PAM Mineral Trading Date Momentum on November 1, 2024
| On November 04 2024 PAM Mineral Tbk was traded for 259.68 at the closing time. The highest price during the trading period was 267.43 and the lowest recorded bid was listed for 251.93 . The volume for the day was 3.8 M. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.47% . The trading delta at closing time to the current price is 2.21% . |
PAM Mineral Tbk Fundamentals Correlations and Trends
By evaluating PAM Mineral'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 PAM Mineral's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PAM Mineral Stock history
PAM Mineral 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 PAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PAM Mineral 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 PAM Mineral stock prices may prove useful in developing a viable investing in PAM Mineral
PAM Mineral Stock Technical Analysis
PAM Mineral 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
PAM Mineral Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PAM Mineral 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.
PAM Mineral December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PAM Mineral stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PAM Mineral shares will generate the highest return on investment. By undertsting and applying PAM Mineral stock market strength indicators, traders can identify PAM Mineral Tbk entry and exit signals to maximize returns
PAM Mineral Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PAM Mineral's price direction in advance. Along with the technical and fundamental analysis of PAM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PAM 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 | 0.0395 | |||
| Jensen Alpha | 0.1129 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.70) |
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Other Information on Investing in PAM Stock
PAM Mineral financial ratios help investors to determine whether PAM 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 PAM with respect to the benefits of owning PAM Mineral security.