Astra International (Indonesia) Price on November 4, 2024
If you're considering investing in Astra Stock, it is important to understand the factors that can impact its price. Astra International Tbk secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of risk over the last 3 months. Astra International Tbk exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Astra International's Mean Deviation of 1.23, risk adjusted performance of (0.08), and Standard Deviation of 1.58 to double-check the risk estimate we provide.
Astra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Astra |
Sharpe Ratio = -0.1123
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Astra International 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 Astra International by adding Astra International to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Astra International Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Astra International 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.
Astra International March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Astra International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astra International shares will generate the highest return on investment. By undertsting and applying Astra International stock market strength indicators, traders can identify Astra International Tbk entry and exit signals to maximize returns
Astra International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Astra International's price direction in advance. Along with the technical and fundamental analysis of Astra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Astra 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 | (0.25) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.2823 |
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Other Information on Investing in Astra Stock
Astra International financial ratios help investors to determine whether Astra 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 Astra with respect to the benefits of owning Astra International security.