Bank BRISyariah (Indonesia) Price on September 20, 2023
| BRIS Stock | IDR 2,920 30.00 1.02% |
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 BRISyariah stands at 2,920, as last reported on the 27th of November, with the highest price reaching 2,980 and the lowest price hitting 2,910 during the day. As of now, Bank Stock is very steady. Bank BRISyariah Tbk secures Sharpe Ratio (or Efficiency) of 0.0671, which signifies that the company had a 0.0671% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank BRISyariah Tbk, which you can use to evaluate the volatility of the firm. Please confirm Bank BRISyariah's Mean Deviation of 1.67, downside deviation of 1.75, and Risk Adjusted Performance of 0.0582 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.0671
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Bank BRISyariah is performing at about 5% of its full potential. 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 BRISyariah by adding it to a well-diversified portfolio.
Bank BRISyariah Valuation on September 20, 2023
It is possible to determine the worth of Bank BRISyariah on a given historical date. On September 20, 2023 Bank was worth 1621.22 at the beginning of the trading date compared to the closed value of 1700.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank BRISyariah stock. Still, in general, we apply an absolute valuation method to find Bank BRISyariah'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 BRISyariah where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank BRISyariah's related companies.
| Open | High | Low | Close | Volume | |
| 1,601 | 1,631 | 1,591 | 1,606 | 26,377,300 | |
09/20/2023 | 1,621 | 1,720 | 1,616 | 1,701 | 103,541,200 |
| 1,706 | 1,715 | 1,636 | 1,636 | 61,870,900 |
| Backtest Bank BRISyariah | | | Bank BRISyariah History | | | Bank BRISyariah Valuation | Previous | Next |
Bank BRISyariah Trading Date Momentum on September 20, 2023
| On September 21 2023 Bank BRISyariah Tbk was traded for 1,636 at the closing time. The highest price during the trading period was 1,715 and the lowest recorded bid was listed for 1,636 . The volume for the day was 61.9 M. This history from September 21, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.79% . The overall trading delta to the current price is 5.25% . |
Bank BRISyariah Tbk Fundamentals Correlations and Trends
By evaluating Bank BRISyariah'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 BRISyariah'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 BRISyariah Stock history
Bank BRISyariah 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 BRISyariah 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 Bank BRISyariah stock prices may prove useful in developing a viable investing in Bank BRISyariah
PT Bank Syariah Indonesia Tbk provides various commercial banking products and services in Indonesia. PT Bank Syariah Indonesia Tbk is a subsidiary of PT Bank Rakyat Indonesia Tbk. Bank Syariah operates under BanksRegional classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 17289 people.
Bank BRISyariah Stock Technical Analysis
Bank BRISyariah 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
Bank BRISyariah Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Bank BRISyariah 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.
Bank BRISyariah November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank BRISyariah 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 BRISyariah shares will generate the highest return on investment. By undertsting and applying Bank BRISyariah stock market strength indicators, traders can identify Bank BRISyariah Tbk entry and exit signals to maximize returns
Bank BRISyariah Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank BRISyariah'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.
| Risk Adjusted Performance | 0.0582 | |||
| Jensen Alpha | 0.168 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0192 | |||
| Treynor Ratio | (1.15) |
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Other Information on Investing in Bank Stock
Bank BRISyariah 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 BRISyariah security.