Ulima Nitra (Indonesia) Price on August 18, 2023

UNIQ Stock  IDR 460.00  40.00  8.00%   
If you're considering investing in Ulima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ulima Nitra stands at 460.00, as last reported on the 15th of December 2024, with the highest price reaching 520.00 and the lowest price hitting 454.00 during the day. Ulima Nitra PT owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0674, which indicates the firm had a -0.0674% return per unit of risk over the last 3 months. Ulima Nitra PT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ulima Nitra's Coefficient Of Variation of (1,639), risk adjusted performance of (0.04), and Variance of 23.73 to confirm the risk estimate we provide.
  
Ulima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0674

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsUNIQ

Estimated Market Risk

 4.93
  actual daily
43
57% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ulima Nitra 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 Ulima Nitra by adding Ulima Nitra to a well-diversified portfolio.

Ulima Nitra Valuation on August 18, 2023

It is possible to determine the worth of Ulima Nitra on a given historical date. On August 18, 2023 Ulima was worth 197.59 at the beginning of the trading date compared to the closed value of 193.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ulima Nitra stock. Still, in general, we apply an absolute valuation method to find Ulima Nitra'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 Ulima Nitra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ulima Nitra's related companies.
 Open High Low Close Volume
  214.46    214.46    214.46    214.46    1.00  
08/18/2023
  197.59    202.55    193.61    193.61    22,039,800  
  183.69    194.61    174.75    174.75    14,562,200  
Backtest Ulima Nitra  |  Ulima Nitra History  |  Ulima Nitra Valuation   PreviousNext  
Open Value
197.59
182.79
Downside
193.61
Closing Value
212.39
Upside

Ulima Nitra Trading Date Momentum on August 18, 2023

On August 21 2023 Ulima Nitra PT was traded for  174.75  at the closing time. The highest price during the trading period was 194.61  and the lowest recorded bid was listed for  174.75 . The volume for the day was 14.6 M. This history from August 21, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 9.74% . The trading price change to the current price is 37.95% .

Ulima Nitra PT Fundamentals Correlations and Trends

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

About Ulima Nitra Stock history

Ulima Nitra 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 Ulima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ulima Nitra 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 Ulima Nitra stock prices may prove useful in developing a viable investing in Ulima Nitra
PT Ulima Nitra Tbk offers mining services, truck and heavy equipment rental, construction services, and others. The company was founded in 1992 and is based in Palembang, Indonesia. Ulima Nitra operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 607 people.

Ulima Nitra Stock Technical Analysis

Ulima Nitra 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 Ulima Nitra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ulima Nitra 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

Ulima Nitra Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ulima Nitra 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.

Ulima Nitra December 15, 2024 Market Strength

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

Ulima Nitra Technical and Predictive Indicators

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

Ulima Nitra financial ratios help investors to determine whether Ulima 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 Ulima with respect to the benefits of owning Ulima Nitra security.