Asiaplast Industries (Indonesia) Price on July 25, 2023
APLI Stock | IDR 500.00 40.00 7.41% |
If you're considering investing in Asiaplast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asiaplast Industries stands at 500.00, as last reported on the 27th of November, with the highest price reaching 550.00 and the lowest price hitting 490.00 during the day. Asiaplast Industries Tbk secures Sharpe Ratio (or Efficiency) of -0.0869, which signifies that the company had a -0.0869% return per unit of risk over the last 3 months. Asiaplast Industries Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asiaplast Industries' Mean Deviation of 1.75, standard deviation of 2.6, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Asiaplast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asiaplast |
Sharpe Ratio = -0.0869
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Estimated Market Risk
2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asiaplast Industries 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 Asiaplast Industries by adding Asiaplast Industries to a well-diversified portfolio.
Asiaplast Industries Valuation on July 25, 2023
It is possible to determine the worth of Asiaplast Industries on a given historical date. On July 25, 2023 Asiaplast was worth 459.67 at the beginning of the trading date compared to the closed value of 471.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asiaplast Industries stock. Still, in general, we apply an absolute valuation method to find Asiaplast Industries' 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 Asiaplast Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asiaplast Industries' related companies.
Open | High | Low | Close | Volume | |
481.47 | 481.47 | 451.75 | 461.66 | 75,300 | |
07/25/2023 | 459.67 | 473.54 | 445.81 | 471.56 | 84,200 |
471.56 | 493.36 | 445.81 | 471.56 | 113,200 |
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Asiaplast Industries Trading Date Momentum on July 25, 2023
On July 26 2023 Asiaplast Industries Tbk was traded for 471.56 at the closing time. The highest price during the trading period was 493.36 and the lowest recorded bid was listed for 445.81 . The volume for the day was 113.2 K. This history from July 26, 2023 did not affect price variability. The overall trading delta to the current price is 16.60% . |
Asiaplast Industries Tbk Fundamentals Correlations and Trends
By evaluating Asiaplast Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asiaplast Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asiaplast financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asiaplast Industries Stock history
Asiaplast Industries 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 Asiaplast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asiaplast Industries 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 Asiaplast Industries stock prices may prove useful in developing a viable investing in Asiaplast Industries
PT Asiaplast Industries Tbk. manufactures and sells polyvinyl chloride products in Indonesia and internationally. The company was founded in 1992 and is headquartered in Tangerang, Indonesia. Asiaplast Industries operates under Packaging Containers classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 321 people.
Asiaplast Industries Stock Technical Analysis
Asiaplast Industries 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
Asiaplast Industries Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Asiaplast Industries 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.
Asiaplast Industries November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Asiaplast Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asiaplast Industries shares will generate the highest return on investment. By undertsting and applying Asiaplast Industries stock market strength indicators, traders can identify Asiaplast Industries Tbk entry and exit signals to maximize returns
Asiaplast Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asiaplast Industries' price direction in advance. Along with the technical and fundamental analysis of Asiaplast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asiaplast 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 | (0.03) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (0.17) |
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Other Information on Investing in Asiaplast Stock
Asiaplast Industries financial ratios help investors to determine whether Asiaplast 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 Asiaplast with respect to the benefits of owning Asiaplast Industries security.