Bank Sinarmas (Indonesia) Price on August 28, 2023
BSIM Stock | IDR 765.00 5.00 0.66% |
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 Sinarmas stands at 765.00, as last reported on the 27th of November, with the highest price reaching 765.00 and the lowest price hitting 755.00 during the day. Bank Sinarmas Tbk secures Sharpe Ratio (or Efficiency) of -0.0918, which signifies that the company had a -0.0918% return per unit of risk over the last 3 months. Bank Sinarmas Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Sinarmas' Risk Adjusted Performance of (0.06), mean deviation of 1.33, and Standard Deviation of 1.75 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.
Bank |
Sharpe Ratio = -0.0918
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank Sinarmas 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 Sinarmas by adding Bank Sinarmas to a well-diversified portfolio.
Bank Sinarmas Valuation on August 28, 2023
It is possible to determine the worth of Bank Sinarmas on a given historical date. On August 28, 2023 Bank was worth 850.0 at the beginning of the trading date compared to the closed value of 890.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Sinarmas stock. Still, in general, we apply an absolute valuation method to find Bank Sinarmas' 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 Sinarmas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Sinarmas' related companies.
Open | High | Low | Close | Volume | |
885.00 | 890.00 | 825.00 | 830.00 | 112,800 | |
08/28/2023 | 850.00 | 890.00 | 800.00 | 890.00 | 263,800 |
890.00 | 890.00 | 800.00 | 890.00 | 1,318,000 |
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Bank Sinarmas Trading Date Momentum on August 28, 2023
On August 29 2023 Bank Sinarmas Tbk was traded for 890.00 at the closing time. The highest price during the trading period was 890.00 and the lowest recorded bid was listed for 800.00 . The volume for the day was 1.3 M. This history from August 29, 2023 did not affect price variability. The overall trading delta to the current price is 1.12% . |
Bank Sinarmas Tbk Fundamentals Correlations and Trends
By evaluating Bank Sinarmas' 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 Sinarmas' 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 Sinarmas Stock history
Bank Sinarmas 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 Sinarmas 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 Sinarmas stock prices may prove useful in developing a viable investing in Bank Sinarmas
Bank Sinarmas Stock Technical Analysis
Bank Sinarmas 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 Sinarmas Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Bank Sinarmas 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 Sinarmas November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Sinarmas 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 Sinarmas shares will generate the highest return on investment. By undertsting and applying Bank Sinarmas stock market strength indicators, traders can identify Bank Sinarmas Tbk entry and exit signals to maximize returns
Bank Sinarmas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Sinarmas' 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 | (0.06) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.62) |
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Other Information on Investing in Bank Stock
Bank Sinarmas 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 Sinarmas security.