Asuransi Ramayana (Indonesia) Price on November 2, 2023

ASRM Stock  IDR 346.00  12.00  3.35%   
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 Ramayana stands at 346.00, as last reported on the 11th of December 2024, with the highest price reaching 354.00 and the lowest price hitting 344.00 during the day. Asuransi Ramayana Tbk secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Asuransi Ramayana Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asuransi Ramayana's Risk Adjusted Performance of (0.07), mean deviation of 0.8277, and Standard Deviation of 1.19 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.

Sharpe Ratio = -0.1042

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Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asuransi Ramayana 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 Ramayana by adding Asuransi Ramayana to a well-diversified portfolio.

Asuransi Ramayana Valuation on November 2, 2023

It is possible to determine the worth of Asuransi Ramayana on a given historical date. On November 2, 2023 Asuransi was worth 1650.0 at the beginning of the trading date compared to the closed value of 395.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asuransi Ramayana stock. Still, in general, we apply an absolute valuation method to find Asuransi Ramayana'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 Ramayana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asuransi Ramayana's related companies.
 Open High Low Close Volume
  1,650    396.16    394.24    395.20    1.00  
11/02/2023
  1,650    396.16    394.24    395.20    1.00  
  1,650    396.16    394.24    395.20    1.00  
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Open Value
1650.0
395.2
Closing Value
1,654
Upside

Asuransi Ramayana Trading Date Momentum on November 2, 2023

On November 03 2023 Asuransi Ramayana Tbk was traded for  395.20  at the closing time. The highest price during the trading period was 396.16  and the lowest recorded bid was listed for  394.24 . There was no trading activity during the period 1.0. Lack of trading volume on November 3, 2023 did not affect price variability. The overall trading delta to the current price is 0.00% .

Asuransi Ramayana Tbk Fundamentals Correlations and Trends

By evaluating Asuransi Ramayana'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 Ramayana'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 Ramayana Stock history

Asuransi Ramayana 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 Ramayana Tbk 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 Ramayana stock prices may prove useful in developing a viable investing in Asuransi Ramayana
PT Asuransi Ramayana Tbk, together with its subsidiaries, operates as a general insurance company in Indonesia. PT Asuransi Ramayana Tbk was founded in 1956 and is headquartered in Jakarta, Indonesia. Asuransi Ramayana operates under InsuranceProperty Casualty classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1053 people.

Asuransi Ramayana Stock Technical Analysis

Asuransi Ramayana 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.
A focus of Asuransi Ramayana technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asuransi Ramayana trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asuransi Ramayana Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asuransi Ramayana Tbk 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 Ramayana December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Asuransi Ramayana 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 Ramayana shares will generate the highest return on investment. By undertsting and applying Asuransi Ramayana stock market strength indicators, traders can identify Asuransi Ramayana Tbk entry and exit signals to maximize returns

Asuransi Ramayana Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asuransi Ramayana'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.

Other Information on Investing in Asuransi Stock

Asuransi Ramayana 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 Ramayana security.