Aneka Tambang (Indonesia) Price on April 13, 2023
If you're considering investing in Aneka Stock, it is important to understand the factors that can impact its price. Aneka Tambang Persero secures Sharpe Ratio (or Efficiency) of -0.0276, which signifies that the company had a -0.0276% return per unit of standard deviation over the last 3 months. Aneka Tambang Persero exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aneka Tambang's mean deviation of 2.17, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Aneka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aneka |
Sharpe Ratio = -0.0276
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ANTM |
Estimated Market Risk
2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aneka Tambang 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 Aneka Tambang by adding Aneka Tambang to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin |
Price Boundaries
Aneka Tambang Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Aneka Tambang Persero 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.
Aneka Tambang January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Aneka Tambang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aneka Tambang shares will generate the highest return on investment. By undertsting and applying Aneka Tambang stock market strength indicators, traders can identify Aneka Tambang Persero entry and exit signals to maximize returns
Aneka Tambang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aneka Tambang's price direction in advance. Along with the technical and fundamental analysis of Aneka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aneka 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 | (0.02) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | 0.1455 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Tools for Aneka Stock
When running Aneka Tambang's price analysis, check to measure Aneka Tambang'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 Aneka Tambang is operating at the current time. Most of Aneka Tambang's value examination focuses on studying past and present price action to predict the probability of Aneka Tambang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aneka Tambang's price. Additionally, you may evaluate how the addition of Aneka Tambang to your portfolios can decrease your overall portfolio volatility.
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |