Bumi Resources (Indonesia) Price on August 16, 2023
BRMS Stock | IDR 356.00 28.00 7.29% |
If you're considering investing in Bumi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bumi Resources stands at 356.00, as last reported on the 1st of March, with the highest price reaching 382.00 and the lowest price hitting 352.00 during the day. Bumi Resources Minerals secures Sharpe Ratio (or Efficiency) of -0.0194, which signifies that the company had a -0.0194 % return per unit of risk over the last 3 months. Bumi Resources Minerals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bumi Resources' Standard Deviation of 4.48, mean deviation of 3.3, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Bumi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bumi |
Sharpe Ratio = -0.0194
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Estimated Market Risk
4.63 actual daily | 41 59% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bumi Resources 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 Bumi Resources by adding Bumi Resources to a well-diversified portfolio.
Bumi Resources Valuation on August 16, 2023
It is possible to determine the worth of Bumi Resources on a given historical date. On August 16, 2023 Bumi was worth 181.0 at the beginning of the trading date compared to the closed value of 178.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bumi Resources stock. Still, in general, we apply an absolute valuation method to find Bumi Resources' 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 Bumi Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bumi Resources' related companies.
Open | High | Low | Close | Volume | |
182.00 | 183.00 | 180.00 | 181.00 | 228,639,300 | |
08/16/2023 | 181.00 | 182.00 | 176.00 | 178.00 | 282,404,400 |
178.00 | 179.00 | 175.00 | 177.00 | 202,882,300 |
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Bumi Resources Trading Date Momentum on August 16, 2023
On August 18 2023 Bumi Resources Minerals was traded for 177.00 at the closing time. The highest price during the trading period was 179.00 and the lowest recorded bid was listed for 175.00 . The volume for the day was 202.9 M. This history from August 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.56% . The overall trading delta to the current price is 12.36% . |
Bumi Resources Minerals Fundamentals Correlations and Trends
By evaluating Bumi Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bumi Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bumi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bumi Resources Stock history
Bumi Resources 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 Bumi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bumi Resources Minerals 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 Bumi Resources stock prices may prove useful in developing a viable investing in Bumi Resources
Bumi Resources Stock Technical Analysis
Bumi Resources 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
Bumi Resources Period Price Range
Low | March 1, 2025
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0.00 | 0.00 |
Bumi Resources Minerals 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.
Bumi Resources March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Bumi Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bumi Resources shares will generate the highest return on investment. By undertsting and applying Bumi Resources stock market strength indicators, traders can identify Bumi Resources Minerals entry and exit signals to maximize returns
Bumi Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bumi Resources' price direction in advance. Along with the technical and fundamental analysis of Bumi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bumi 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 | (0.03) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.32) |
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Other Information on Investing in Bumi Stock
Bumi Resources financial ratios help investors to determine whether Bumi 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 Bumi with respect to the benefits of owning Bumi Resources security.