Bank Amar (Indonesia) Price on August 28, 2023
AMAR Stock | IDR 195.00 3.00 1.52% |
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 Amar stands at 195.00, as last reported on the 29th of November, with the highest price reaching 199.00 and the lowest price hitting 192.00 during the day. Bank Amar Indonesia secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Bank Amar Indonesia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Amar's Mean Deviation of 0.9884, standard deviation of 1.38, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = -0.1606
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Estimated Market Risk
1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank Amar is not performing at its full potential. However, 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 Amar by adding Bank Amar to a well-diversified portfolio.
Bank Amar Valuation on August 28, 2023
It is possible to determine the worth of Bank Amar on a given historical date. On August 28, 2023 Bank was worth 275.1 at the beginning of the trading date compared to the closed value of 267.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Amar stock. Still, in general, we apply an absolute valuation method to find Bank Amar'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 Amar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Amar's related companies.
Open | High | Low | Close | Volume | |
277.05 | 282.90 | 275.10 | 275.10 | 8,438,500 | |
08/28/2023 | 275.10 | 279.00 | 265.34 | 267.29 | 10,321,800 |
267.29 | 271.20 | 263.39 | 269.25 | 5,990,200 |
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Bank Amar Trading Date Momentum on August 28, 2023
On August 29 2023 Bank Amar Indonesia was traded for 269.25 at the closing time. The highest price during the trading period was 271.20 and the lowest recorded bid was listed for 263.39 . The volume for the day was 6 M. This history from August 29, 2023 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.73% . The overall trading delta to the current price is 0.73% . |
Bank Amar Indonesia Fundamentals Correlations and Trends
By evaluating Bank Amar'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 Amar'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 Amar Stock history
Bank Amar 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 Amar Indonesia 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 Amar stock prices may prove useful in developing a viable investing in Bank Amar
PT Bank Amar Indonesia Tbk engages in the banking activities in Indonesia. PT Bank Amar Indonesia Tbk was incorporated in 1991 and is headquartered in Surabaya, Indonesia. Bank Amar operates under BanksRegional classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1230 people.
Bank Amar Stock Technical Analysis
Bank Amar 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 Amar Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Bank Amar Indonesia 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 Amar November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Amar 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 Amar shares will generate the highest return on investment. By undertsting and applying Bank Amar stock market strength indicators, traders can identify Bank Amar Indonesia entry and exit signals to maximize returns
Bank Amar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Amar'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 | (0.08) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.76) |
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Other Information on Investing in Bank Stock
Bank Amar 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 Amar security.