Alumindo Light (Indonesia) Today
| ALMI Stock | IDR 85.00 2.00 2.30% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Alumindo Light is selling for 85.00 as of the 25th of April 2024. This is a -2.3 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 85.0. Alumindo Light has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Alumindo Light Metal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
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Follow Valuation Odds of Bankruptcy
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Alumindo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alumindo Light's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alumindo Light or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Director | Alim Markus |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Copper, Aluminum, Heavy Metals, Materials, Metals & Mining, Materials, Basic Materials (View all Sectors) |
Alumindo Light Metal (ALMI) is traded on Jakarta Exchange in Indonesia and employs 16 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 999.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alumindo Light's market, we take the total number of its shares issued and multiply it by Alumindo Light's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alumindo Light Metal operates under Metals & Mining sector and is part of Materials industry. The entity has 3.82 B outstanding shares.
Alumindo Light Metal has accumulated about 6.37 M in cash with 16.31 M of positive cash flow from operations.
Check Alumindo Light Probability Of Bankruptcy
Ownership AllocationAlumindo Light Metal retains a total of 3.82 Billion outstanding shares. Alumindo Light Metal shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 96.48 percent of Alumindo Light Metal outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Alumindo Ownership Details
Alumindo Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Alumindo Light jumping above the current price in 90 days from now is about 90.45%. The Alumindo Light Metal probability density function shows the probability of Alumindo Light stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Alumindo Light Metal has a beta of -1.369. This suggests as returns on its benchmark rise, returns on holding Alumindo Light Metal are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Alumindo Light is expected to outperform its benchmark. Additionally, alumindo Light Metal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alumindo Light to move above the current price in 90 days from now is about 90.45 (This Alumindo Light Metal probability density function shows the probability of Alumindo Stock to fall within a particular range of prices over 90 days) .
Alumindo Light Metal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Alumindo Light market risk premium is the additional return an investor will receive from holding Alumindo Light long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alumindo Light. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Alumindo Light's alpha and beta are two of the key measurements used to evaluate Alumindo Light's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.02 | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.41 | |||
| Risk Adjusted Performance | (0.16) |
Alumindo Stock Against Markets
Picking the right benchmark for Alumindo Light stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alumindo Light stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alumindo Light is critical whether you are bullish or bearish towards Alumindo Light Metal at a given time. Please also check how Alumindo Light's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alumindo Light without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alumindo Light Corporate Directors
Alumindo Light corporate directors refer to members of an Alumindo Light board of directors. The board of directors generally takes responsibility for the Alumindo Light's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alumindo Light's board members must vote for the resolution. The Alumindo Light board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Wibowo Suryadinata | Acting Director | Profile | |
| Welly Lie | Director | Profile | |
| Alim Prakasa | Ex Director | Profile | |
| Soefianto Djunaedi | Independent Director | Profile |
How to buy Alumindo Stock?
Before investing in Alumindo Light, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alumindo Light. To buy Alumindo Light stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alumindo Light. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alumindo Light stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alumindo Light Metal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alumindo Light Metal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alumindo Light Metal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Alumindo Light Metal?
The danger of trading Alumindo Light Metal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alumindo Light is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alumindo Light. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alumindo Light Metal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alumindo Light Metal. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Alumindo Stock analysis
When running Alumindo Light's price analysis, check to measure Alumindo Light'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 Alumindo Light is operating at the current time. Most of Alumindo Light's value examination focuses on studying past and present price action to predict the probability of Alumindo Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumindo Light's price. Additionally, you may evaluate how the addition of Alumindo Light to your portfolios can decrease your overall portfolio volatility.
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