Bank Danamon (Indonesia) Price on November 4, 2024
BDMN Stock | IDR 2,520 20.00 0.79% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Danamon stands at 2,520, as last reported on the 2nd of December, with the highest price reaching 2,540 and the lowest price hitting 2,510 during the day. Bank Danamon Indonesia secures Sharpe Ratio (or Efficiency) of -0.0918, which signifies that the company had a -0.0918% return per unit of risk over the last 3 months. Bank Danamon Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Danamon's Mean Deviation of 0.512, risk adjusted performance of (0.08), and Standard Deviation of 0.6512 to double-check the risk estimate we provide.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = -0.0918
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Estimated Market Risk
0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank Danamon 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 Bank Danamon by adding Bank Danamon to a well-diversified portfolio.
Bank Danamon Valuation on November 4, 2024
It is possible to determine the worth of Bank Danamon on a given historical date. On November 4, 2024 Bank was worth 2530.0 at the beginning of the trading date compared to the closed value of 2540.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Danamon stock. Still, in general, we apply an absolute valuation method to find Bank Danamon'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 Bank Danamon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Danamon's related companies.
Open | High | Low | Close | Volume | |
2,570 | 2,570 | 2,520 | 2,530 | 1,258,100 | |
11/04/2024 | 2,530 | 2,540 | 2,510 | 2,540 | 681,800 |
2,550 | 2,550 | 2,520 | 2,540 | 506,700 |
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Bank Danamon Trading Date Momentum on November 4, 2024
On November 05 2024 Bank Danamon Indonesia was traded for 2,540 at the closing time. The highest price during the trading period was 2,550 and the lowest recorded bid was listed for 2,520 . The volume for the day was 506.7 K. This history from November 5, 2024 did not affect price variability. The overall trading delta to the current price is 1.18% . |
Bank Danamon Indonesia Fundamentals Correlations and Trends
By evaluating Bank Danamon'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 Bank Danamon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank Danamon Stock history
Bank Danamon 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Danamon Indonesia 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 Bank Danamon stock prices may prove useful in developing a viable investing in Bank Danamon
Bank Danamon Stock Technical Analysis
Bank Danamon 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
Bank Danamon Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bank Danamon Indonesia 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.
Bank Danamon December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Danamon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Danamon shares will generate the highest return on investment. By undertsting and applying Bank Danamon stock market strength indicators, traders can identify Bank Danamon Indonesia entry and exit signals to maximize returns
Bank Danamon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Danamon's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | (0.08) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | 0.3887 |
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Other Information on Investing in Bank Stock
Bank Danamon financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Danamon security.