Sido Muncul (Indonesia) Price on February 21, 2024
SIDO Stock | IDR 575.00 5.00 0.86% |
If you're considering investing in Sido Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sido Muncul stands at 575.00, as last reported on the 29th of November, with the highest price reaching 590.00 and the lowest price hitting 575.00 during the day. Sido Muncul PT owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0957, which indicates the firm had a -0.0957% return per unit of risk over the last 3 months. Sido Muncul PT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sido Muncul's Variance of 3.09, risk adjusted performance of (0.09), and Coefficient Of Variation of (826.37) to confirm the risk estimate we provide.
Sido Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sido |
Sharpe Ratio = -0.0957
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Estimated Market Risk
1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sido Muncul 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 Sido Muncul by adding Sido Muncul to a well-diversified portfolio.
Sido Muncul Valuation on February 21, 2024
It is possible to determine the worth of Sido Muncul on a given historical date. On February 21, 2024 Sido was worth 548.27 at the beginning of the trading date compared to the closed value of 567.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sido Muncul stock. Still, in general, we apply an absolute valuation method to find Sido Muncul'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 Sido Muncul where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sido Muncul's related companies.
Open | High | Low | Close | Volume | |
567.18 | 576.63 | 543.55 | 548.27 | 161,766,400 | |
02/21/2024 | 548.27 | 571.91 | 534.09 | 567.18 | 98,826,700 |
567.18 | 586.09 | 557.73 | 581.36 | 97,879,900 |
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Sido Muncul Trading Date Momentum on February 21, 2024
On February 22 2024 Sido Muncul PT was traded for 581.36 at the closing time. The highest price during the trading period was 586.09 and the lowest recorded bid was listed for 557.73 . The volume for the day was 97.9 M. This history from February 22, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 2.50% . The trading price change to the current price is 1.67% . |
Sido Muncul PT Fundamentals Correlations and Trends
By evaluating Sido Muncul'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 Sido Muncul's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sido financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sido Muncul Stock history
Sido Muncul 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 Sido is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sido Muncul 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 Sido Muncul stock prices may prove useful in developing a viable investing in Sido Muncul
PT Industri Jamu dan Farmasi Sido Muncul Tbk provides herbal medicines, cosmetics, and foods and beverages related to health in Indonesia and internationally. PT Industri Jamu dan Farmasi Sido Muncul Tbk is a subsidiary of PT Hotel Candi Baru. Industri Jamu operates under Drug ManufacturersSpecialty Generic classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2929 people.
Sido Muncul Stock Technical Analysis
Sido Muncul 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
Sido Muncul Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sido Muncul 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.
Sido Muncul November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sido Muncul stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sido Muncul shares will generate the highest return on investment. By undertsting and applying Sido Muncul stock market strength indicators, traders can identify Sido Muncul PT entry and exit signals to maximize returns
Sido Muncul Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sido Muncul's price direction in advance. Along with the technical and fundamental analysis of Sido Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sido 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 | (0.09) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | (0.84) |
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Other Information on Investing in Sido Stock
Sido Muncul financial ratios help investors to determine whether Sido 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 Sido with respect to the benefits of owning Sido Muncul security.