Tunas Baru (Indonesia) Price on November 5, 2024
| TBLA Stock | IDR 635.00 5.00 0.78% |
If you're considering investing in Tunas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tunas Baru stands at 635.00, as last reported on the 11th of December 2024, with the highest price reaching 640.00 and the lowest price hitting 630.00 during the day. As of now, Tunas Stock is very steady. Tunas Baru Lampung owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0681, which indicates the firm had a 0.0681% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tunas Baru Lampung, which you can use to evaluate the volatility of the company. Please validate Tunas Baru's Coefficient Of Variation of 2294.99, semi deviation of 0.9432, and Risk Adjusted Performance of 0.035 to confirm if the risk estimate we provide is consistent with the expected return of 0.0763%.
Tunas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tunas |
Sharpe Ratio = 0.0681
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tunas Baru 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 Tunas Baru by adding it to a well-diversified portfolio.
Tunas Baru Valuation on November 5, 2024
It is possible to determine the worth of Tunas Baru on a given historical date. On November 5, 2024 Tunas was worth 646.0 at the beginning of the trading date compared to the closed value of 655.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tunas Baru stock. Still, in general, we apply an absolute valuation method to find Tunas Baru'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 Tunas Baru where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tunas Baru's related companies.
| Open | High | Low | Close | Volume | |
| 636.50 | 655.50 | 627.00 | 641.25 | 6,372,200 | |
11/05/2024 | 646.00 | 655.50 | 641.25 | 655.50 | 4,744,000 |
| 655.50 | 665.00 | 646.00 | 650.75 | 2,303,900 |
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Tunas Baru Trading Date Momentum on November 5, 2024
| On November 06 2024 Tunas Baru Lampung was traded for 650.75 at the closing time. The highest price during the trading period was 665.00 and the lowest recorded bid was listed for 646.00 . The volume for the day was 2.3 M. This history from November 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.72% . The trading price change to the current price is 0.69% . |
Tunas Baru Lampung Fundamentals Correlations and Trends
By evaluating Tunas Baru'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 Tunas Baru's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tunas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tunas Baru Stock history
Tunas Baru 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 Tunas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tunas Baru Lampung 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 Tunas Baru stock prices may prove useful in developing a viable investing in Tunas Baru
PT Tunas Baru Lampung Tbk primarily manufactures and sells vegetable cooking oils in Indonesia. The company was founded in 1973 and is headquartered in Jakarta, Indonesia. Tunas Baru operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2884 people.
Tunas Baru Stock Technical Analysis
Tunas Baru 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
Tunas Baru Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Tunas Baru Lampung 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.
Tunas Baru December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tunas Baru stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tunas Baru shares will generate the highest return on investment. By undertsting and applying Tunas Baru stock market strength indicators, traders can identify Tunas Baru Lampung entry and exit signals to maximize returns
Tunas Baru Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tunas Baru's price direction in advance. Along with the technical and fundamental analysis of Tunas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tunas 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 | 0.035 | |||
| Jensen Alpha | 0.0404 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (2.26) |
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Other Information on Investing in Tunas Stock
Tunas Baru financial ratios help investors to determine whether Tunas 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 Tunas with respect to the benefits of owning Tunas Baru security.