RMK Energy (Indonesia) Price on March 14, 2024

RMKE Stock   520.00  10.00  1.96%   
If you're considering investing in RMK Stock, it is important to understand the factors that can impact its price. As of today, the current price of RMK Energy stands at 520.00, as last reported on the 4th of December, with the highest price reaching 525.00 and the lowest price hitting 515.00 during the day. RMK Energy PT maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of volatility over the last 3 months. RMK Energy PT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RMK Energy's coefficient of variation of (798.45), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
  
RMK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1052

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average RMK Energy 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 RMK Energy by adding RMK Energy to a well-diversified portfolio.

RMK Energy Valuation on March 14, 2024

It is possible to determine the worth of RMK Energy on a given historical date. On March 14, 2024 RMK was worth 503.45 at the beginning of the trading date compared to the closed value of 523.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RMK Energy stock. Still, in general, we apply an absolute valuation method to find RMK Energy'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 RMK Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RMK Energy's related companies.
 Open High Low Close Volume
  523.19    547.87    493.58    503.45    2,726,100  
03/14/2024
  503.45    528.13    498.51    523.19    2,408,500  
  528.13    528.13    503.45    508.39    990,900  
Backtest RMK Energy  |  RMK Energy History  |  RMK Energy Valuation   PreviousNext  
Open Value
503.45
497.43
Downside
523.19
Closing Value
509.47
Upside

RMK Energy Trading Date Momentum on March 14, 2024

On March 15 2024 RMK Energy PT was traded for  508.39  at the closing time. The highest price during the trading period was 528.13  and the lowest recorded bid was listed for  503.45 . The volume for the day was 990.9 K. This history from March 15, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.83% . The trading delta at closing time to the current price is 6.41% .

RMK Energy PT Fundamentals Correlations and Trends

By evaluating RMK Energy'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 RMK Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RMK financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About RMK Energy Stock history

RMK Energy 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 RMK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RMK Energy PT 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 RMK Energy stock prices may prove useful in developing a viable investing in RMK Energy

RMK Energy Stock Technical Analysis

RMK Energy 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.
A focus of RMK Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RMK Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

RMK Energy Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

RMK Energy PT 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.

RMK Energy December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how RMK Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RMK Energy shares will generate the highest return on investment. By undertsting and applying RMK Energy stock market strength indicators, traders can identify RMK Energy PT entry and exit signals to maximize returns

RMK Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for RMK Energy's price direction in advance. Along with the technical and fundamental analysis of RMK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RMK 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.

Other Information on Investing in RMK Stock

RMK Energy financial ratios help investors to determine whether RMK 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 RMK with respect to the benefits of owning RMK Energy security.