Salim Ivomas (Indonesia) Price on April 24, 2024
| SIMP Stock | IDR 396.00 6.00 1.54% |
If you're considering investing in Salim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salim Ivomas stands at 396.00, as last reported on the 29th of November, with the highest price reaching 400.00 and the lowest price hitting 390.00 during the day. As of now, Salim Stock is very steady. Salim Ivomas Pratama owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0333, which indicates the firm had a 0.0333% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Salim Ivomas Pratama, which you can use to evaluate the volatility of the company. Please validate Salim Ivomas' Semi Deviation of 1.05, coefficient of variation of 3058.7, and Risk Adjusted Performance of 0.0301 to confirm if the risk estimate we provide is consistent with the expected return of 0.0528%.
Salim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Salim |
Sharpe Ratio = 0.0333
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SIMP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Salim Ivomas is performing at about 2% 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 Salim Ivomas by adding it to a well-diversified portfolio.
Salim Ivomas Valuation on April 24, 2024
It is possible to determine the worth of Salim Ivomas on a given historical date. On April 24, 2024 Salim was worth 352.22 at the beginning of the trading date compared to the closed value of 352.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salim Ivomas stock. Still, in general, we apply an absolute valuation method to find Salim Ivomas' 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 Salim Ivomas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salim Ivomas' related companies.
| Open | High | Low | Close | Volume | |
| 354.16 | 358.05 | 352.22 | 352.22 | 1,199,100 | |
04/24/2024 | 352.22 | 360.00 | 352.22 | 352.22 | 751,500 |
| 354.16 | 354.16 | 350.27 | 354.16 | 1,398,200 |
| Backtest Salim Ivomas | | | Salim Ivomas History | | | Salim Ivomas Valuation | Previous | Next |
Salim Ivomas Trading Date Momentum on April 24, 2024
| On April 25 2024 Salim Ivomas Pratama was traded for 354.16 at the closing time. The highest price during the trading period was 354.16 and the lowest recorded bid was listed for 350.27 . The volume for the day was 1.4 M. This history from April 25, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.55% . The trading price change to the current price is 2.76% . |
Salim Ivomas Pratama Fundamentals Correlations and Trends
By evaluating Salim Ivomas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Salim Ivomas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salim Ivomas Stock history
Salim Ivomas 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 Salim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salim Ivomas Pratama 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 Salim Ivomas stock prices may prove useful in developing a viable investing in Salim Ivomas
Salim Ivomas Stock Technical Analysis
Salim Ivomas 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
Salim Ivomas Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Salim Ivomas Pratama 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.
Salim Ivomas November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Salim Ivomas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salim Ivomas shares will generate the highest return on investment. By undertsting and applying Salim Ivomas stock market strength indicators, traders can identify Salim Ivomas Pratama entry and exit signals to maximize returns
Salim Ivomas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salim Ivomas' price direction in advance. Along with the technical and fundamental analysis of Salim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salim 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 | 0.0301 | |||
| Jensen Alpha | 0.088 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.10) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Salim Stock
Salim Ivomas financial ratios help investors to determine whether Salim 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 Salim with respect to the benefits of owning Salim Ivomas security.