Asuransi Bina (Indonesia) Price on October 16, 2024
ABDA Stock | IDR 3,800 260.00 6.40% |
If you're considering investing in Asuransi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asuransi Bina stands at 3,800, as last reported on the 10th of December, with the highest price reaching 3,800 and the lowest price hitting 3,800 during the day. Asuransi Bina Dana secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Asuransi Bina Dana exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asuransi Bina's Standard Deviation of 1.45, risk adjusted performance of (0.12), and Mean Deviation of 0.4823 to double-check the risk estimate we provide.
Asuransi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asuransi |
Sharpe Ratio = -0.121
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Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asuransi Bina 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 Asuransi Bina by adding Asuransi Bina to a well-diversified portfolio.
Asuransi Bina Valuation on October 16, 2024
It is possible to determine the worth of Asuransi Bina on a given historical date. On October 16, 2024 Asuransi was worth 4060.0 at the beginning of the trading date compared to the closed value of 4060.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asuransi Bina stock. Still, in general, we apply an absolute valuation method to find Asuransi Bina'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 Asuransi Bina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asuransi Bina's related companies.
Open | High | Low | Close | Volume | |
4,060 | 4,060 | 4,060 | 4,060 | 1.00 | |
10/16/2024 | 4,060 | 4,060 | 4,060 | 4,060 | 1.00 |
4,060 | 4,060 | 4,060 | 4,060 | 1.00 |
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Asuransi Bina Trading Date Momentum on October 16, 2024
On October 17 2024 Asuransi Bina Dana was traded for 4,060 at the closing time. The highest price during the trading period was 4,060 and the lowest recorded bid was listed for 4,060 . There was no trading activity during the period 1.0. Lack of trading volume on October 17, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Asuransi Bina Dana Fundamentals Correlations and Trends
By evaluating Asuransi Bina'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 Asuransi Bina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asuransi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asuransi Bina Stock history
Asuransi Bina 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 Asuransi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asuransi Bina Dana 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 Asuransi Bina stock prices may prove useful in developing a viable investing in Asuransi Bina
Asuransi Bina Stock Technical Analysis
Asuransi Bina 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
Asuransi Bina Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Asuransi Bina Dana 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.
Asuransi Bina December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Asuransi Bina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asuransi Bina shares will generate the highest return on investment. By undertsting and applying Asuransi Bina stock market strength indicators, traders can identify Asuransi Bina Dana entry and exit signals to maximize returns
Asuransi Bina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asuransi Bina's price direction in advance. Along with the technical and fundamental analysis of Asuransi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asuransi 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 | (0.12) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | (6.53) |
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Other Information on Investing in Asuransi Stock
Asuransi Bina financial ratios help investors to determine whether Asuransi 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 Asuransi with respect to the benefits of owning Asuransi Bina security.