Akasha Wira (Indonesia) Price on October 4, 2024
ADES Stock | IDR 9,750 100.00 1.04% |
If you're considering investing in Akasha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akasha Wira stands at 9,750, as last reported on the 2nd of December, with the highest price reaching 9,750 and the lowest price hitting 9,625 during the day. Akasha Wira International secures Sharpe Ratio (or Efficiency) of -0.0101, which signifies that the company had a -0.0101% return per unit of standard deviation over the last 3 months. Akasha Wira International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akasha Wira's risk adjusted performance of 0.0017, and Mean Deviation of 1.23 to double-check the risk estimate we provide.
Akasha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akasha |
Sharpe Ratio = -0.0101
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.02 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 Akasha Wira 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 Akasha Wira by adding Akasha Wira to a well-diversified portfolio.
Akasha Wira Valuation on October 4, 2024
It is possible to determine the worth of Akasha Wira on a given historical date. On October 4, 2024 Akasha was worth 9925.0 at the beginning of the trading date compared to the closed value of 10450.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akasha Wira stock. Still, in general, we apply an absolute valuation method to find Akasha Wira'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 Akasha Wira where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akasha Wira's related companies.
Open | High | Low | Close | Volume | |
9,900 | 9,900 | 9,900 | 9,900 | 246,000 | |
10/04/2024 | 9,925 | 10,450 | 9,925 | 10,450 | 81,100 |
10,800 | 12,000 | 10,800 | 11,025 | 304,600 |
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Akasha Wira Trading Date Momentum on October 4, 2024
On October 07 2024 Akasha Wira International was traded for 11,025 at the closing time. The highest price during the trading period was 12,000 and the lowest recorded bid was listed for 10,800 . The volume for the day was 304.6 K. This history from October 7, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 5.50% . The overall trading delta to the current price is 5.02% . |
Akasha Wira International Fundamentals Correlations and Trends
By evaluating Akasha Wira'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 Akasha Wira's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akasha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akasha Wira Stock history
Akasha Wira 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 Akasha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akasha Wira International 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 Akasha Wira stock prices may prove useful in developing a viable investing in Akasha Wira
PT Akasha Wira International Tbk manufactures and distributes bottled drinking water and cosmetic products in Indonesia and internationally. PT Akasha Wira International Tbk is a subsidiary of Water Partners Bottling S.A. Akasha Wira operates under BeveragesNon-Alcoholic classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 540 people.
Akasha Wira Stock Technical Analysis
Akasha Wira 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
Akasha Wira Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Akasha Wira International 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.
Akasha Wira December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Akasha Wira stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akasha Wira shares will generate the highest return on investment. By undertsting and applying Akasha Wira stock market strength indicators, traders can identify Akasha Wira International entry and exit signals to maximize returns
Akasha Wira Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akasha Wira's price direction in advance. Along with the technical and fundamental analysis of Akasha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akasha 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 | 0.0017 | |||
Jensen Alpha | 0.0121 | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.0798 |
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Other Information on Investing in Akasha Stock
Akasha Wira financial ratios help investors to determine whether Akasha 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 Akasha with respect to the benefits of owning Akasha Wira security.