Analysis of Stock Price

For the high price we can conclude that the data from january to april the high price increase 8,42%, from january to june the high price increase 1,05%, next from january to august the high price is increase 5,79%, and the last from january to october the high price is 5,26%

For the low price we can conclude that the data from january to april the low price increase 8,11%, from january to june the low price increase 1,08%, next from january to august the low price is increase 8,11% same like on january to april, and the last from january to october the low price is 5,41%.

For the close price we can conclude that the data from january to april the close price increase 8,59%, from january to june the close price increase 9,33%, next from january to august the close price is increase 7,60%, and the last from january to october the close price is 5,60%.

And the last For the volume traded we can conclude that the data from january to april the volume traded increase 21,82%, from january to june the volume traded decrease 4,98%, next from january to august the volume traded is decrease 31,57%, and the last from january to october the volume traded is 49,14%.. we can conclude that when in may untill august there is something wrong with the company so the number of buyer who buy the stocks was decrease than first 2 month and the last two month. But when the number of buyer was decrease it doesn’t effect with the open price and the high price because in the analysis data show us increasing trend from the open price or the high price.

Average

High and low prices are not stable over time, because the stock’s price will tend to have an average price over time. When the current market price is below the average price, the stock is considered attractive to be purchased, and the price will be expected that it will rise. When the current market price is above the average price, the price will be expected that it will fall. The conclusion is the deviation from the average price is expected to revert to the average.

From the data above, the average price of stock of Perusahaan Gas Negara Tbk in almost a year between January 4^th, 2010 until October 30^th, 2010 for the high price of stock is Rp3,970.3431. From the data between 5/1/2010-12/1/2010, 14/1/2010, 11/3/2010-5/5/2010, 18/6/2010-22/6/2010, 28/6/2010, 6/7/2010-2/9/2010, 13/10/2010-29/10/2010 shows that the price of stock is above average price, it means that the price is too high to be purchased, then the price will be expected that it will fall. For the low price of stock, the average price is Rp3,874.8775. Beside the dates of high prices or except the dates, the stock prices are considered to be purchased because the price is below the average price, then the price will be expected that it will rise based on the stock price of Perusahaan Gas Negara Tbk.

The average price of closing price Perusahaan Gas Negara Tbk stock is Rp3,928.7990. On 11/1/2010, 14/1/2010-10/3/2010, 12/4/2010, 7/5/2010-17/6/2010, 23/6/2010-5/7/2010, 2/7/2010-7/7/2010, 22/9/2010-12/10/2010 Perusahaan Gas Negara Tbk got their best performance on selling stock because the price of the stock in this period is below the average price. But unfortunately, except the dates above, Perusahaan Gas Negara Tbk faces the problem that the price of stock is above the average price which means that the stock will difficult to be sold and it will fall down in market price because the price is high.

In the end, the average volume of Perusahaan Gas Negara Tbk from the data is Rp37,312,426.4706. On January 14^th, 2010 Perusahaan Gas Negara Tbk has good performance in selling stock because in this date the volume traded reaches Rp163,591,500.0000.

Standard Deviation

The standard deviation is often used by investors to measure the risk of a stock or a stock portfolio. The basic idea is that the standard deviation is a measure of volatility: the more stock's returns vary from the stock's average return, the more volatile the stock.

From the table above, in the volume traded, there is significant difference between the average Rp37,312,426.4706 and the standard deviation Rp24,942,564.0148. From those numbers, the standard deviation is lower than the average. The answer is, there is small dispersion in volume or the volume has low volatility.

It can be seen that the data collected is so low dispersed. It indicates risky condition by having the stock in Perusahaan Gas Negara Tbk. The reason comes from the result of standard deviation calculation. The standard deviation is low, so this company’s stock exchange price has low possibility to change, which means that the price is almost constantly stable but it is not too stable.

Highest and Lowest

Volume Traded

On August 12^th, 2010, the low price of volume traded is Rp7,045,500.0000 and on October 14^th, 2010, the high price of volume traded is Rp163,591,500.0000. They indicate that the prices of volume traded mean Perusahaan Gas Negara Tbk has many transactions during the period. Probably, the investors are interested to invest their money in Perusahaan Gas Negara Tbk because the stocks in the Company are so attractive.

High and Low Price

The highest of high stock price is Rp4,400.0000 per shares on May 25^th, 2010. Probably, Perusahaan Gas Negara Tbk has proved the highest price is supported by many transactions. The price of stocks increase because a lot of demands are occurred.

On May 25^th, 2010 the lowest of low stock price is Rp3,250.0000 and it is same with the date of the highest of high stock price. Perusahaan Gas Negara Tbk did not have much transaction which means the Company is not attracting enough the stockholders to buy the stocks in Perusahaan Gas Negara Tbk. The lowest of low stock price could be influenced by this factor.

Closing Price

The different between the highest price and the lowest price is relatively high, it can be seen from the highest closing price is Rp 4,325.0000 per shares, it reached on March 25^th, 2010 and March 26^th, 2010. But, the lowest closing price is Rp3,250.0000 per shares, it reached on May 25^th, 2010. The difference between them indicates Perusahaan Gas Negara has a risk, because the fluctuation of the Company is unpredictable and unstable.