PT Asuransi Ramayana Tbk Reports Earnings Results for the Full Year Ended December 31, 2023 - Marketscreener.com
| ASRM Stock | IDR 346.00 12.00 3.35% |
About 62% of Asuransi Ramayana's investor base is looking to short. The analysis of current outlook of investing in Asuransi Ramayana Tbk suggests that many traders are alarmed regarding Asuransi Ramayana's prospects. Asuransi Ramayana's investing sentiment shows overall attitude of investors towards Asuransi Ramayana Tbk.
Asuransi |
PT Asuransi Ramayana Tbk Reports Earnings Results for the Full Year Ended December 31, 2023 Marketscreener.com
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Asuransi Ramayana Fundamental Analysis
We analyze Asuransi Ramayana's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asuransi Ramayana using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asuransi Ramayana based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Asuransi Ramayana is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Asuransi Ramayana Tbk Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Asuransi Ramayana stock to make a market-neutral strategy. Peer analysis of Asuransi Ramayana could also be used in its relative valuation, which is a method of valuing Asuransi Ramayana by comparing valuation metrics with similar companies.
Peers
Asuransi Ramayana Related Equities
| AHAP | Asuransi Harta | 3.33 | ||||
| ASDM | Asuransi Dayin | 0.41 | ||||
| ASJT | Asuransi Jasa | 2.56 | ||||
| ASBI | Asuransi Bintang | 3.77 | ||||
| ABDA | Asuransi Bina | 6.40 |
Other Information on Investing in Asuransi Stock
Asuransi Ramayana financial ratios help investors to determine whether Asuransi 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 Asuransi with respect to the benefits of owning Asuransi Ramayana security.