Bank Cimb (Indonesia) Price on November 22, 2024

BNGA Stock  IDR 1,770  20.00  1.12%   
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Cimb stands at 1,770, as last reported on the 27th of November, with the highest price reaching 1,810 and the lowest price hitting 1,765 during the day. Bank Cimb Niaga secures Sharpe Ratio (or Efficiency) of -0.0737, which signifies that the company had a -0.0737% return per unit of risk over the last 3 months. Bank Cimb Niaga exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Cimb's Mean Deviation of 0.8409, risk adjusted performance of (0.05), and Standard Deviation of 1.14 to double-check the risk estimate we provide.
  
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0737

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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bank Cimb 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 Bank Cimb by adding Bank Cimb to a well-diversified portfolio.

Bank Cimb Valuation on November 22, 2024

It is possible to determine the worth of Bank Cimb on a given historical date. On November 22, 2024 Bank was worth 1765.0 at the beginning of the trading date compared to the closed value of 1765.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Cimb stock. Still, in general, we apply an absolute valuation method to find Bank Cimb'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 Bank Cimb where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Cimb's related companies.
 Open High Low Close Volume
  1,770    1,770    1,740    1,740    4,990,600  
11/22/2024
  1,765    1,775    1,730    1,765    1,499,100  
  1,765    1,805    1,760    1,790    5,212,700  
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Open Value
1765.0
1765.0
Closing Value
1,768
Upside

Bank Cimb Trading Date Momentum on November 22, 2024

On November 25 2024 Bank Cimb Niaga was traded for  1,790  at the closing time. The highest price during the trading period was 1,805  and the lowest recorded bid was listed for  1,760 . The volume for the day was 5.2 M. This history from November 25, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.42% . The overall trading delta to the current price is 1.70% .

Bank Cimb Niaga Fundamentals Correlations and Trends

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

About Bank Cimb Stock history

Bank Cimb 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Cimb Niaga 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 Bank Cimb stock prices may prove useful in developing a viable investing in Bank Cimb

Bank Cimb Stock Technical Analysis

Bank Cimb 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 Bank Cimb technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank Cimb 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

Bank Cimb Period Price Range

Low
November 27, 2024
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High

 0.00 

     

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Bank Cimb Niaga 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.

Bank Cimb November 27, 2024 Market Strength

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

Bank Cimb Technical and Predictive Indicators

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

Bank Cimb financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Cimb security.