Tira Austenite (Indonesia) Price on April 29, 2024
| TIRA Stock | IDR 500.00 18.00 3.73% |
If you're considering investing in Tira Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tira Austenite stands at 500.00, as last reported on the 4th of December, with the highest price reaching 500.00 and the lowest price hitting 484.00 during the day. Tira Austenite appears to be very steady, given 3 months investment horizon. Tira Austenite Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting Tira Austenite's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Tira Austenite's Coefficient Of Variation of 1255.4, semi deviation of 4.09, and Risk Adjusted Performance of 0.0695 to confirm if our risk estimates are consistent with your expectations.
Tira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tira |
Sharpe Ratio = 0.1022
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Estimated Market Risk
| 5.95 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Tira Austenite is performing at about 8% 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.
Tira Austenite Valuation on April 29, 2024
It is possible to determine the worth of Tira Austenite on a given historical date. On April 29, 2024 Tira was worth 384.0 at the beginning of the trading date compared to the closed value of 384.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tira Austenite stock. Still, in general, we apply an absolute valuation method to find Tira Austenite'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 Tira Austenite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tira Austenite's related companies.
| Open | High | Low | Close | Volume | |
| 378.00 | 386.00 | 378.00 | 386.00 | 14,900 | |
04/29/2024 | 384.00 | 384.00 | 384.00 | 384.00 | 14,000 |
| 384.00 | 384.00 | 384.00 | 384.00 | 17,000 |
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Tira Austenite Trading Date Momentum on April 29, 2024
| On April 30 2024 Tira Austenite Tbk was traded for 384.00 at the closing time. The highest price during the trading period was 384.00 and the lowest recorded bid was listed for 384.00 . The volume for the day was 17 K. This history from April 30, 2024 did not result in any price rise and fall. The trading price change to the current price is 8.33% . |
Tira Austenite Tbk Fundamentals Correlations and Trends
By evaluating Tira Austenite'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 Tira Austenite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tira Austenite Stock history
Tira Austenite 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 Tira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tira Austenite 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 Tira Austenite stock prices may prove useful in developing a viable investing in Tira Austenite
Tira Austenite Stock Technical Analysis
Tira Austenite 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
Tira Austenite Period Price Range
Low | December 4, 2024
| 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 December 4, 2024 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 | 0.0695 | |||
| Jensen Alpha | 0.3295 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 0.3576 |
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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.