Trisula Textile (Indonesia) Price on July 27, 2023
BELL Stock | IDR 59.00 2.00 3.28% |
If you're considering investing in Trisula Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trisula Textile stands at 59.00, as last reported on the 18th of December 2024, with the highest price reaching 61.00 and the lowest price hitting 59.00 during the day. Trisula Textile Indu owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0542, which indicates the firm had a -0.0542% return per unit of risk over the last 3 months. Trisula Textile Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trisula Textile's Coefficient Of Variation of (1,306), risk adjusted performance of (0.05), and Variance of 16.12 to confirm the risk estimate we provide.
Trisula Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trisula |
Sharpe Ratio = -0.0542
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Estimated Market Risk
4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trisula Textile 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 Trisula Textile by adding Trisula Textile to a well-diversified portfolio.
Trisula Textile Valuation on July 27, 2023
It is possible to determine the worth of Trisula Textile on a given historical date. On July 27, 2023 Trisula was worth 117.31 at the beginning of the trading date compared to the closed value of 119.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trisula Textile stock. Still, in general, we apply an absolute valuation method to find Trisula Textile'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 Trisula Textile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trisula Textile's related companies.
Open | High | Low | Close | Volume | |
119.30 | 120.29 | 115.32 | 117.31 | 6,385,000 | |
07/27/2023 | 117.31 | 121.28 | 117.31 | 119.30 | 8,806,900 |
121.28 | 121.28 | 117.31 | 118.30 | 12,311,500 |
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Trisula Textile Trading Date Momentum on July 27, 2023
On July 28 2023 Trisula Textile Industries was traded for 118.30 at the closing time. The highest price during the trading period was 121.28 and the lowest recorded bid was listed for 117.31 . The volume for the day was 12.3 M. This history from July 28, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.84% . The trading price change to the current price is 1.67% . |
Trisula Textile Indu Fundamentals Correlations and Trends
By evaluating Trisula Textile'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 Trisula Textile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trisula financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trisula Textile Stock history
Trisula Textile 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 Trisula is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trisula Textile Indu 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 Trisula Textile stock prices may prove useful in developing a viable investing in Trisula Textile
PT Trisula Textile Industries Tbk produces and sells textile products in Indonesia. PT Trisula Textile Industries Tbk was founded in 1968 and is based in Cimahi, Indonesia. Trisula Textile operates under Textile Manufacturing classification in Indonesia and is traded on Jakarta Stock Exchange.
Trisula Textile Stock Technical Analysis
Trisula Textile 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
Trisula Textile Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Trisula Textile Industries 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.
Trisula Textile December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Trisula Textile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trisula Textile shares will generate the highest return on investment. By undertsting and applying Trisula Textile stock market strength indicators, traders can identify Trisula Textile Industries entry and exit signals to maximize returns
Trisula Textile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trisula Textile's price direction in advance. Along with the technical and fundamental analysis of Trisula Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trisula 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 | (0.05) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (0.44) |
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Other Information on Investing in Trisula Stock
Trisula Textile financial ratios help investors to determine whether Trisula 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 Trisula with respect to the benefits of owning Trisula Textile security.