Tira Austenite (Indonesia) Price on March 21, 2023
If you're considering investing in Tira Stock, it is important to understand the factors that can impact its price. Tira Austenite is very steady given 3 months investment horizon. Tira Austenite Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the firm had a 0.36 % return per unit of risk over the last 3 months. We were able to collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 2.62% are justified by taking the suggested risk. Use Tira Austenite Tbk Risk Adjusted Performance of 0.3184, coefficient of variation of 277.23, and Semi Deviation of 3.01 to evaluate company specific risk that cannot be diversified away.
Tira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tira |
Sharpe Ratio = 0.3607
| Best Portfolio | Best Equity | |||
| Good Returns | TIRA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.28 actual daily | 65 65% of assets are less volatile |
Expected Return
| 2.62 actual daily | 52 52% of assets have lower returns |
Risk-Adjusted Return
| 0.36 actual daily | 28 72% of assets perform better |
Based on monthly moving average Tira Austenite is performing at about 28% 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 Tira Austenite by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Price Boundaries
Tira Austenite Period Price Range
Low | March 30, 2025
| High |
0.00 | 0.00 |
Tira Austenite 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.
Tira Austenite March 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Tira Austenite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tira Austenite shares will generate the highest return on investment. By undertsting and applying Tira Austenite stock market strength indicators, traders can identify Tira Austenite Tbk entry and exit signals to maximize returns
Tira Austenite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tira Austenite's price direction in advance. Along with the technical and fundamental analysis of Tira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tira 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 | 0.3184 | |||
| Jensen Alpha | 2.53 | |||
| Total Risk Alpha | 3.07 | |||
| Sortino Ratio | 0.465 | |||
| Treynor Ratio | (1.71) |
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Other Information on Investing in Tira Stock
Tira Austenite financial ratios help investors to determine whether Tira 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 Tira with respect to the benefits of owning Tira Austenite security.