Alfa Energi (Indonesia) Price on March 4, 2024
| FIRE Stock | IDR 89.00 2.00 2.30% |
If you're considering investing in Alfa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alfa Energi stands at 89.00, as last reported on the 1st of May, with the highest price reaching 96.00 and the lowest price hitting 88.00 during the day. Alfa Energi Investama secures Sharpe Ratio (or Efficiency) of -0.01, which signifies that the company had a -0.01% return per unit of standard deviation over the last 3 months. Alfa Energi Investama exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alfa Energi's risk adjusted performance of (0.02), and Mean Deviation of 3.39 to double-check the risk estimate we provide.
Alfa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alfa |
Sharpe Ratio = -0.01
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Estimated Market Risk
| 6.93 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alfa Energi 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 Alfa Energi by adding Alfa Energi to a well-diversified portfolio.
Alfa Energi Valuation on March 4, 2024
It is possible to determine the worth of Alfa Energi on a given historical date. On March 4, 2024 Alfa was worth 94.0 at the beginning of the trading date compared to the closed value of 106.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alfa Energi stock. Still, in general, we apply an absolute valuation method to find Alfa Energi'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 Alfa Energi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alfa Energi's related companies.
| Open | High | Low | Close | Volume | |
| 100.00 | 110.00 | 92.00 | 94.00 | 29,745,700 | |
03/04/2024 | 94.00 | 111.00 | 94.00 | 106.00 | 75,475,000 |
| 107.00 | 107.00 | 97.00 | 104.00 | 27,727,300 |
| Backtest Alfa Energi | | | Alfa Energi History | | | Alfa Energi Valuation | Previous | Next |
Alfa Energi Trading Date Momentum on March 4, 2024
| On March 05 2024 Alfa Energi Investama was traded for 104.00 at the closing time. The highest price during the trading period was 107.00 and the lowest recorded bid was listed for 97.00 . The volume for the day was 27.7 M. This history from March 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.89% . The overall trading delta to the current price is 6.60% . |
Alfa Energi Investama Fundamentals Correlations and Trends
By evaluating Alfa Energi'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 Alfa Energi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alfa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alfa Energi Stock history
Alfa Energi 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 Alfa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alfa Energi Investama 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 Alfa Energi stock prices may prove useful in developing a viable investing in Alfa Energi
PT Alfa Energi Investama Tbk, through its subsidiaries, engages in the coal mining and trading business in Indonesia. The company was founded in 2015 and is based in South Jakarta, Indonesia. Alfa Energi operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 71 people.
Alfa Energi Stock Technical Analysis
Alfa Energi 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
Alfa Energi Period Price Range
Low | March 4, 2024
| High |
94.00 | 106.00 |
Alfa Energi May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Alfa Energi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alfa Energi shares will generate the highest return on investment. By undertsting and applying Alfa Energi stock market strength indicators, traders can identify Alfa Energi Investama entry and exit signals to maximize returns
Alfa Energi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alfa Energi's price direction in advance. Along with the technical and fundamental analysis of Alfa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alfa 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | 0.1996 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alfa Energi Investama. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Alfa Stock analysis
When running Alfa Energi's price analysis, check to measure Alfa Energi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alfa Energi is operating at the current time. Most of Alfa Energi's value examination focuses on studying past and present price action to predict the probability of Alfa Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfa Energi's price. Additionally, you may evaluate how the addition of Alfa Energi to your portfolios can decrease your overall portfolio volatility.
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