Soechi Lines (Indonesia) Price on March 25, 2024
SOCI Stock | IDR 163.00 4.00 2.52% |
If you're considering investing in Soechi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soechi Lines stands at 163.00, as last reported on the 29th of December, with the highest price reaching 165.00 and the lowest price hitting 160.00 during the day. Soechi Lines Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0614, which indicates the firm had a -0.0614% return per unit of risk over the last 3 months. Soechi Lines Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soechi Lines' Variance of 2.95, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,554) to confirm the risk estimate we provide.
Soechi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soechi |
Sharpe Ratio = -0.0614
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Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Soechi Lines 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 Soechi Lines by adding Soechi Lines to a well-diversified portfolio.
Soechi Lines Valuation on March 25, 2024
It is possible to determine the worth of Soechi Lines on a given historical date. On March 25, 2024 Soechi was worth 188.0 at the beginning of the trading date compared to the closed value of 177.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soechi Lines stock. Still, in general, we apply an absolute valuation method to find Soechi Lines' 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 Soechi Lines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soechi Lines' related companies.
Open | High | Low | Close | Volume | |
168.00 | 169.00 | 167.00 | 167.00 | 1,352,500 | |
03/25/2024 | 188.00 | 188.00 | 169.00 | 177.00 | 54,604,600 |
178.00 | 178.00 | 173.00 | 173.00 | 8,169,500 |
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Soechi Lines Trading Date Momentum on March 25, 2024
On March 26 2024 Soechi Lines Tbk was traded for 173.00 at the closing time. The highest price during the trading period was 178.00 and the lowest recorded bid was listed for 173.00 . The volume for the day was 8.2 M. This history from March 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.26% . The trading price change to the current price is 5.08% . |
Soechi Lines Tbk Fundamentals Correlations and Trends
By evaluating Soechi Lines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Soechi Lines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soechi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soechi Lines Stock history
Soechi Lines 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 Soechi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soechi Lines 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 Soechi Lines stock prices may prove useful in developing a viable investing in Soechi Lines
PT Soechi Lines Tbk provides shipping and ship building services in Indonesia. The company was founded in 1970 and is headquartered in Central Jakarta, Indonesia. Soechi Lines operates under Shipping Ports classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 310 people.
Soechi Lines Stock Technical Analysis
Soechi Lines 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
Soechi Lines Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Soechi Lines 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.
Soechi Lines December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Soechi Lines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Soechi Lines shares will generate the highest return on investment. By undertsting and applying Soechi Lines stock market strength indicators, traders can identify Soechi Lines Tbk entry and exit signals to maximize returns
Soechi Lines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soechi Lines' price direction in advance. Along with the technical and fundamental analysis of Soechi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soechi 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 | (0.05) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | 0.3539 |
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Other Information on Investing in Soechi Stock
Soechi Lines financial ratios help investors to determine whether Soechi 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 Soechi with respect to the benefits of owning Soechi Lines security.