Bank Ocbc (Indonesia) Price on November 21, 2024

NISP Stock  IDR 1,340  10.00  0.74%   
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 Ocbc stands at 1,340, as last reported on the 29th of November, with the highest price reaching 1,355 and the lowest price hitting 1,330 during the day. Bank Ocbc Nisp secures Sharpe Ratio (or Efficiency) of -0.0373, which signifies that the company had a -0.0373% return per unit of risk over the last 3 months. Bank Ocbc Nisp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Ocbc's Risk Adjusted Performance of 0.0062, downside deviation of 1.19, and Mean Deviation of 0.7116 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 = -0.0373

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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bank Ocbc 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 Ocbc by adding Bank Ocbc to a well-diversified portfolio.

Bank Ocbc Valuation on November 21, 2024

It is possible to determine the worth of Bank Ocbc on a given historical date. On November 21, 2024 Bank was worth 1350.0 at the beginning of the trading date compared to the closed value of 1340.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Ocbc stock. Still, in general, we apply an absolute valuation method to find Bank Ocbc'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 Ocbc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Ocbc's related companies.
 Open High Low Close Volume
  1,340    1,355    1,340    1,355    2,896,900  
11/21/2024
  1,350    1,355    1,340    1,340    6,036,600  
  1,350    1,355    1,340    1,340    2,202,100  
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Open Value
1350.0
1340.0
Closing Value
1,353
Upside

Bank Ocbc Trading Date Momentum on November 21, 2024

On November 22 2024 Bank Ocbc Nisp was traded for  1,340  at the closing time. The highest price during the trading period was 1,355  and the lowest recorded bid was listed for  1,340 . The volume for the day was 2.2 M. This history from November 22, 2024 did not affect price variability. The overall trading delta to the current price is 0.75% .

Bank Ocbc Nisp Fundamentals Correlations and Trends

By evaluating Bank Ocbc'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 Ocbc'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 Ocbc Stock history

Bank Ocbc 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 Ocbc Nisp 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 Ocbc stock prices may prove useful in developing a viable investing in Bank Ocbc
PT Bank OCBC NISP Tbk provides various banking products and services to corporate and individual customers in Indonesia. As of June 5, 2022, PT Bank OCBC NISP Tbk is a subsidiary of OCBC Overseas Investments Pte. Bank OCBC operates under BanksRegional classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 5590 people.

Bank Ocbc Stock Technical Analysis

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

Low
November 29, 2024
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High

 0.00 

     

 0.00 

Bank Ocbc Nisp 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 Ocbc November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank Ocbc 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 Ocbc shares will generate the highest return on investment. By undertsting and applying Bank Ocbc stock market strength indicators, traders can identify Bank Ocbc Nisp entry and exit signals to maximize returns

Bank Ocbc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank Ocbc'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 Ocbc 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 Ocbc security.