Betonjaya Manunggal (Indonesia) Price on September 26, 2024
BTON Stock | IDR 422.00 16.00 3.94% |
If you're considering investing in Betonjaya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Betonjaya Manunggal stands at 422.00, as last reported on the 4th of December, with the highest price reaching 444.00 and the lowest price hitting 412.00 during the day. Betonjaya Manunggal Tbk secures Sharpe Ratio (or Efficiency) of -9.0E-4, which signifies that the company had a -9.0E-4% return per unit of risk over the last 3 months. Betonjaya Manunggal Tbk exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betonjaya Manunggal's Risk Adjusted Performance of 0.0248, mean deviation of 1.71, and Downside Deviation of 2.67 to double-check the risk estimate we provide.
Betonjaya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Betonjaya |
Sharpe Ratio = -9.0E-4
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Estimated Market Risk
3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Betonjaya Manunggal 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 Betonjaya Manunggal by adding Betonjaya Manunggal to a well-diversified portfolio.
Betonjaya Manunggal Valuation on September 26, 2024
It is possible to determine the worth of Betonjaya Manunggal on a given historical date. On September 26, 2024 Betonjaya was worth 448.0 at the beginning of the trading date compared to the closed value of 448.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Betonjaya Manunggal stock. Still, in general, we apply an absolute valuation method to find Betonjaya Manunggal'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 Betonjaya Manunggal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Betonjaya Manunggal's related companies.
Open | High | Low | Close | Volume | |
450.00 | 450.00 | 450.00 | 450.00 | 1,300 | |
09/26/2024 | 448.00 | 448.00 | 448.00 | 448.00 | 2,100 |
448.00 | 448.00 | 448.00 | 448.00 | 400.00 |
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Betonjaya Manunggal Trading Date Momentum on September 26, 2024
On September 27 2024 Betonjaya Manunggal Tbk was traded for 448.00 at the closing time. The highest price during the trading period was 448.00 and the lowest recorded bid was listed for 448.00 . The volume for the day was 400. This history from September 27, 2024 did not affect price variability. The overall trading delta to the current price is 2.68% . |
Betonjaya Manunggal Tbk Fundamentals Correlations and Trends
By evaluating Betonjaya Manunggal'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 Betonjaya Manunggal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Betonjaya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Betonjaya Manunggal Stock history
Betonjaya Manunggal 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 Betonjaya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Betonjaya Manunggal 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 Betonjaya Manunggal stock prices may prove useful in developing a viable investing in Betonjaya Manunggal
PT Betonjaya Manunggal Tbk manufactures and sells steel round bars in Indonesia. The company was founded in 1995 and is headquartered in Gresik, Indonesia. Betonjaya Manunggal operates under Steel classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 66 people.
Betonjaya Manunggal Stock Technical Analysis
Betonjaya Manunggal 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
Betonjaya Manunggal Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Betonjaya Manunggal 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.
Betonjaya Manunggal December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Betonjaya Manunggal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Betonjaya Manunggal shares will generate the highest return on investment. By undertsting and applying Betonjaya Manunggal stock market strength indicators, traders can identify Betonjaya Manunggal Tbk entry and exit signals to maximize returns
Betonjaya Manunggal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Betonjaya Manunggal's price direction in advance. Along with the technical and fundamental analysis of Betonjaya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Betonjaya 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 | 0.0248 | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.44) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0324 |
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Other Information on Investing in Betonjaya Stock
Betonjaya Manunggal financial ratios help investors to determine whether Betonjaya 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 Betonjaya with respect to the benefits of owning Betonjaya Manunggal security.