Optima Prima (Indonesia) Price on May 20, 2024
| OPMS Stock | IDR 50.00 1.00 1.96% |
If you're considering investing in Optima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Optima Prima stands at 50.00, as last reported on the 11th of December 2024, with the highest price reaching 51.00 and the lowest price hitting 50.00 during the day. Optima Prima Metal maintains Sharpe Ratio (i.e., Efficiency) of -0.3, which implies the firm had a -0.3% return per unit of risk over the last 3 months. Optima Prima Metal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Optima Prima's Coefficient Of Variation of (929.06), risk adjusted performance of (0.07), and Variance of 35.37 to confirm the risk estimate we provide.
Optima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Optima |
Sharpe Ratio = -0.2997
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Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| -1.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Optima Prima 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 Optima Prima by adding Optima Prima to a well-diversified portfolio.
Optima Prima Valuation on May 20, 2024
It is possible to determine the worth of Optima Prima on a given historical date. On May 20, 2024 Optima was worth 59.0 at the beginning of the trading date compared to the closed value of 65.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Optima Prima stock. Still, in general, we apply an absolute valuation method to find Optima Prima'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 Optima Prima where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Optima Prima's related companies.
| Open | High | Low | Close | Volume | |
| 59.00 | 60.00 | 58.00 | 59.00 | 768,400 | |
05/20/2024 | 59.00 | 73.00 | 58.00 | 65.00 | 38,449,000 |
| 74.00 | 74.00 | 62.00 | 64.00 | 5,061,900 |
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Optima Prima Trading Date Momentum on May 20, 2024
| On May 21 2024 Optima Prima Metal was traded for 64.00 at the closing time. The highest price during the trading period was 74.00 and the lowest recorded bid was listed for 62.00 . The volume for the day was 5.1 M. This history from May 21, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.54% . The trading delta at closing time to the current price is 4.62% . |
Optima Prima Metal Fundamentals Correlations and Trends
By evaluating Optima Prima'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 Optima Prima's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Optima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Optima Prima Stock history
Optima Prima 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 Optima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Optima Prima Metal 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 Optima Prima stock prices may prove useful in developing a viable investing in Optima Prima
PT Optima Prima Metal Sinergi Tbk engages in the metal scrap trading business in Indonesia. PT Optima Prima Metal Sinergi Tbk is a subsidiary of PT Asian Perkasa Indosteel. Optima Prima operates under Waste Management classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 7 people.
Optima Prima Stock Technical Analysis
Optima Prima 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
Optima Prima Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Optima Prima Metal 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.
Optima Prima December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Optima Prima stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Optima Prima shares will generate the highest return on investment. By undertsting and applying Optima Prima stock market strength indicators, traders can identify Optima Prima Metal entry and exit signals to maximize returns
Optima Prima Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Optima Prima's price direction in advance. Along with the technical and fundamental analysis of Optima Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Optima 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 | (0.07) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (1.59) | |||
| Treynor Ratio | (0.38) |
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Other Information on Investing in Optima Stock
Optima Prima financial ratios help investors to determine whether Optima 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 Optima with respect to the benefits of owning Optima Prima security.