Asuransi Bintang (Indonesia) Price on December 22, 2023

ASBI Stock  IDR 520.00  25.00  4.59%   
If you're considering investing in Asuransi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asuransi Bintang stands at 520.00, as last reported on the 17th of December 2024, with the highest price reaching 520.00 and the lowest price hitting 510.00 during the day. Asuransi Bintang Tbk secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Asuransi Bintang Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asuransi Bintang's Mean Deviation of 3.17, standard deviation of 5.45, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
  
Asuransi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.127

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Estimated Market Risk

 5.58
  actual daily
49
51% of assets are more volatile

Expected Return

 -0.71
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Asuransi Bintang 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 Asuransi Bintang by adding Asuransi Bintang to a well-diversified portfolio.

Asuransi Bintang Valuation on December 22, 2023

It is possible to determine the worth of Asuransi Bintang on a given historical date. On December 22, 2023 Asuransi was worth 682.37 at the beginning of the trading date compared to the closed value of 682.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asuransi Bintang stock. Still, in general, we apply an absolute valuation method to find Asuransi Bintang'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 Asuransi Bintang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asuransi Bintang's related companies.
 Open High Low Close Volume
  637.54    682.37    637.54    682.37    1,500  
12/22/2023
  682.37    682.37    652.48    682.37    1,000.00  
  682.37    692.33    652.48    682.37    39,300  
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Open Value
682.37
665.64
Downside
682.37
Closing Value
699.10
Upside

Asuransi Bintang Trading Date Momentum on December 22, 2023

On December 27 2023 Asuransi Bintang Tbk was traded for  682.37  at the closing time. The highest price during the trading period was 692.33  and the lowest recorded bid was listed for  652.48 . The volume for the day was 39.3 K. This history from December 27, 2023 did not affect price variability. The overall trading delta to the current price is 2.19% .

Asuransi Bintang Tbk Fundamentals Correlations and Trends

By evaluating Asuransi Bintang'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 Asuransi Bintang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asuransi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Asuransi Bintang Stock history

Asuransi Bintang 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 Asuransi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asuransi Bintang 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 Asuransi Bintang stock prices may prove useful in developing a viable investing in Asuransi Bintang
PT Asuransi Bintang Tbk engages in general insurance business in Indonesia. The company was founded in 1955 and is headquartered in Jakarta, Indonesia. Asuransi Bintang is traded on Jakarta Stock Exchange in Indonesia.

Asuransi Bintang Stock Technical Analysis

Asuransi Bintang 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.
A focus of Asuransi Bintang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asuransi Bintang trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Asuransi Bintang Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Asuransi Bintang 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.

Asuransi Bintang December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Asuransi Bintang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asuransi Bintang shares will generate the highest return on investment. By undertsting and applying Asuransi Bintang stock market strength indicators, traders can identify Asuransi Bintang Tbk entry and exit signals to maximize returns

Asuransi Bintang Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Asuransi Bintang's price direction in advance. Along with the technical and fundamental analysis of Asuransi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asuransi 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.

Other Information on Investing in Asuransi Stock

Asuransi Bintang 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 Bintang security.