Bank Nationalnobu (Indonesia) Price on November 4, 2024
| NOBU Stock | IDR 685.00 10.00 1.48% |
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 Nationalnobu stands at 685.00, as last reported on the 1st of December, with the highest price reaching 710.00 and the lowest price hitting 670.00 during the day. As of now, Bank Stock is very steady. Bank Nationalnobu Tbk secures Sharpe Ratio (or Efficiency) of 0.0737, which signifies that the company had a 0.0737% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Nationalnobu Tbk, which you can use to evaluate the volatility of the firm. Please confirm Bank Nationalnobu's Mean Deviation of 1.62, risk adjusted performance of 0.0456, and Downside Deviation of 1.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.0737
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NOBU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Bank Nationalnobu is performing at about 5% 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 Bank Nationalnobu by adding it to a well-diversified portfolio.
Bank Nationalnobu Valuation on November 4, 2024
It is possible to determine the worth of Bank Nationalnobu on a given historical date. On November 4, 2024 Bank was worth 685.0 at the beginning of the trading date compared to the closed value of 675.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Nationalnobu stock. Still, in general, we apply an absolute valuation method to find Bank Nationalnobu'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 Nationalnobu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Nationalnobu's related companies.
| Open | High | Low | Close | Volume | |
| 685.00 | 705.00 | 675.00 | 675.00 | 733,200 | |
11/04/2024 | 685.00 | 685.00 | 660.00 | 675.00 | 1,279,100 |
| 680.00 | 685.00 | 670.00 | 675.00 | 233,000 |
| Backtest Bank Nationalnobu | | | Bank Nationalnobu History | | | Bank Nationalnobu Valuation | Previous | Next |
Bank Nationalnobu Trading Date Momentum on November 4, 2024
| On November 05 2024 Bank Nationalnobu Tbk was traded for 675.00 at the closing time. The highest price during the trading period was 685.00 and the lowest recorded bid was listed for 670.00 . The volume for the day was 233 K. This history from November 5, 2024 did not affect price variability. The overall trading delta to the current price is 2.22% . |
Bank Nationalnobu Tbk Fundamentals Correlations and Trends
By evaluating Bank Nationalnobu'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 Nationalnobu'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 Nationalnobu Stock history
Bank Nationalnobu 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 Nationalnobu 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 Bank Nationalnobu stock prices may prove useful in developing a viable investing in Bank Nationalnobu
PT Bank Nationalnobu Tbk provides general banking products and services. PT Bank Nationalnobu Tbk is a subsidiary of PT Kharisma Buana Nusantara. Bank Nationalnobu operates under Banks - Regional - Asia classification in Indonesia and is traded on Jakarta Stock Exchange.
Bank Nationalnobu Stock Technical Analysis
Bank Nationalnobu 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 Nationalnobu Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Bank Nationalnobu 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.
Bank Nationalnobu December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Nationalnobu 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 Nationalnobu shares will generate the highest return on investment. By undertsting and applying Bank Nationalnobu stock market strength indicators, traders can identify Bank Nationalnobu Tbk entry and exit signals to maximize returns
Bank Nationalnobu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Nationalnobu'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 | 0.0456 | |||
| Jensen Alpha | 0.1093 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (4.71) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Bank Stock
Bank Nationalnobu 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 Nationalnobu security.