Bumi Resources (Indonesia) Price on September 6, 2023
| BRMS Stock | IDR 398.00 16.00 3.86% |
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 398.00, as last reported on the 2nd of December, with the highest price reaching 430.00 and the lowest price hitting 396.00 during the day. Bumi Resources is very steady given 3 months investment horizon. Bumi Resources Minerals secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We were able to collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.59% are justified by taking the suggested risk. Use Bumi Resources Risk Adjusted Performance of 0.2218, mean deviation of 4.4, and Downside Deviation of 3.97 to evaluate company specific risk that cannot be diversified away.
Bumi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bumi |
Sharpe Ratio = 0.2771
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Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| 1.59 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Bumi Resources is performing at about 21% of its full potential. 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 it to a well-diversified portfolio.
Bumi Resources Valuation on September 6, 2023
It is possible to determine the worth of Bumi Resources on a given historical date. On September 6, 2023 Bumi was worth 222.0 at the beginning of the trading date compared to the closed value of 216.0. 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 | |
| 210.00 | 216.00 | 206.00 | 216.00 | 853,975,900 | |
09/06/2023 | 222.00 | 222.00 | 212.00 | 216.00 | 528,229,300 |
| 216.00 | 216.00 | 208.00 | 210.00 | 400,228,700 |
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Bumi Resources Trading Date Momentum on September 6, 2023
| On September 07 2023 Bumi Resources Minerals was traded for 210.00 at the closing time. The highest price during the trading period was 216.00 and the lowest recorded bid was listed for 208.00 . The volume for the day was 400.2 M. This history from September 7, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.78% . The overall trading delta to the current price is 0.93% . |
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 | December 2, 2024
| High |
0.00 | 0.00 |
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Bumi Resources December 2, 2024 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 | 0.2218 | |||
| Jensen Alpha | 1.32 | |||
| Total Risk Alpha | 0.6215 | |||
| Sortino Ratio | 0.3616 | |||
| Treynor Ratio | 0.8323 |
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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.