Indofood Cbp (Indonesia) Price on October 26, 2023

ICBP Stock  IDR 10,550  50.00  0.48%   
If you're considering investing in Indofood Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indofood Cbp stands at 10,550, as last reported on the 12th of June 2024, with the highest price reaching 10,600 and the lowest price hitting 10,400 during the day. Indofood Cbp Sukses holds Efficiency (Sharpe) Ratio of -0.0145, which attests that the entity had a -0.0145% return per unit of risk over the last 3 months. Indofood Cbp Sukses exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indofood Cbp's Market Risk Adjusted Performance of 0.1302, standard deviation of 2.21, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
  
Indofood Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0145

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Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.03
  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 Indofood Cbp 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 Indofood Cbp by adding Indofood Cbp to a well-diversified portfolio.

Indofood Cbp Valuation on October 26, 2023

It is possible to determine the worth of Indofood Cbp on a given historical date. On October 26, 2023 Indofood was worth 10450.0 at the beginning of the trading date compared to the closed value of 10275.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indofood Cbp stock. Still, in general, we apply an absolute valuation method to find Indofood Cbp'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 Indofood Cbp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indofood Cbp's related companies.
 Open High Low Close Volume
  10,725    10,775    10,450    10,450    3,907,400  
10/26/2023
  10,450    10,600    10,225    10,275    6,579,200  
  10,275    10,550    10,175    10,525    5,503,300  
Backtest Indofood Cbp  |  Indofood Cbp History  |  Indofood Cbp Valuation   PreviousNext  
Open Value
10450.0
10,443
Downside
10275.0
Closing Value
10,457
Upside

Indofood Cbp Trading Date Momentum on October 26, 2023

On October 27 2023 Indofood Cbp Sukses was traded for  10,525  at the closing time. The highest price during the trading period was 10,550  and the lowest recorded bid was listed for  10,175 . The volume for the day was 5.5 M. This history from October 27, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 2.43% . The trading delta at closing time to the current price is 1.70% .

Indofood Cbp Sukses Fundamentals Correlations and Trends

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

About Indofood Cbp Stock history

Indofood Cbp 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 Indofood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indofood Cbp Sukses 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 Indofood Cbp stock prices may prove useful in developing a viable investing in Indofood Cbp
PT Indofood CBP Sukses Makmur Tbk, together with its subsidiaries, produces and sells consumers products in Indonesia, rest of Asia, the Middle East, Africa, and internationally. PT Indofood CBP Sukses Makmur Tbk is a subsidiary of PT Indofood Sukses Makmur Tbk. Indofood CBP operates under Packaged Foods classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 35637 people.

Indofood Cbp Stock Technical Analysis

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

Indofood Cbp Period Price Range

Low
October 26, 2023
-175  -1.67%
High

 10,450 

     

 10,275 

Indofood Cbp June 12, 2024 Market Strength

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

Indofood Cbp Technical and Predictive Indicators

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

Indofood Cbp financial ratios help investors to determine whether Indofood 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 Indofood with respect to the benefits of owning Indofood Cbp security.