Asahimas Flat (Indonesia) Price on October 23, 2024
| AMFG Stock | IDR 4,650 20.00 0.43% |
If you're considering investing in Asahimas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asahimas Flat stands at 4,650, as last reported on the 27th of November, with the highest price reaching 4,650 and the lowest price hitting 4,580 during the day. Asahimas Flat Glass secures Sharpe Ratio (or Efficiency) of -0.0244, which signifies that the company had a -0.0244% return per unit of standard deviation over the last 3 months. Asahimas Flat Glass exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asahimas Flat's mean deviation of 0.356, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Asahimas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asahimas |
Sharpe Ratio = -0.0244
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asahimas Flat 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 Asahimas Flat by adding Asahimas Flat to a well-diversified portfolio.
Asahimas Flat Valuation on October 23, 2024
It is possible to determine the worth of Asahimas Flat on a given historical date. On October 23, 2024 Asahimas was worth 4710.0 at the beginning of the trading date compared to the closed value of 4720.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asahimas Flat stock. Still, in general, we apply an absolute valuation method to find Asahimas Flat'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 Asahimas Flat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asahimas Flat's related companies.
| Open | High | Low | Close | Volume | |
| 4,690 | 4,730 | 4,680 | 4,710 | 16,000 | |
10/23/2024 | 4,710 | 4,730 | 4,700 | 4,720 | 9,000 |
| 4,610 | 4,720 | 4,610 | 4,700 | 1,800 |
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Asahimas Flat Trading Date Momentum on October 23, 2024
| On October 24 2024 Asahimas Flat Glass was traded for 4,700 at the closing time. The highest price during the trading period was 4,720 and the lowest recorded bid was listed for 4,610 . The volume for the day was 1.8 K. This history from October 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.42% . The overall trading delta to the current price is 2.33% . |
Asahimas Flat Glass Fundamentals Correlations and Trends
By evaluating Asahimas Flat'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 Asahimas Flat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asahimas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asahimas Flat Stock history
Asahimas Flat 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 Asahimas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asahimas Flat Glass 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 Asahimas Flat stock prices may prove useful in developing a viable investing in Asahimas Flat
PT Asahimas Flat Glass Tbk manufactures and sells flat glass and automotive glass products in Indonesia. PT Asahimas Flat Glass Tbk was founded in 1971 and is headquartered in North Jakarta, Indonesia. Asahimas Flat operates under Building Products Equipment classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2487 people.
Asahimas Flat Stock Technical Analysis
Asahimas Flat 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
Asahimas Flat Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Asahimas Flat Glass 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.
Asahimas Flat November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Asahimas Flat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asahimas Flat shares will generate the highest return on investment. By undertsting and applying Asahimas Flat stock market strength indicators, traders can identify Asahimas Flat Glass entry and exit signals to maximize returns
Asahimas Flat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asahimas Flat's price direction in advance. Along with the technical and fundamental analysis of Asahimas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asahimas 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 | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.303 |
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Other Information on Investing in Asahimas Stock
Asahimas Flat financial ratios help investors to determine whether Asahimas 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 Asahimas with respect to the benefits of owning Asahimas Flat security.