Asia Pacific (Indonesia) Price on May 31, 2024
| POLY Stock | IDR 20.00 1.00 5.26% |
If you're considering investing in Asia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Asia Pacific stands at 20.00, as last reported on the 30th of November, with the highest price reaching 20.00 and the lowest price hitting 19.00 during the day. Asia Pacific Fibers secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Asia Pacific Fibers exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Pacific's Mean Deviation of 3.11, risk adjusted performance of (0.0003), and Standard Deviation of 4.39 to double-check the risk estimate we provide.
Asia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = -0.1105
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | POLY |
Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Pacific 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 Asia Pacific by adding Asia Pacific to a well-diversified portfolio.
Asia Pacific Valuation on May 31, 2024
It is possible to determine the worth of Asia Pacific on a given historical date. On May 31, 2024 Asia was worth 22.0 at the beginning of the trading date compared to the closed value of 22.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Pacific stock. Still, in general, we apply an absolute valuation method to find Asia Pacific'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 Asia Pacific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Pacific's related companies.
| Open | High | Low | Close | Volume | |
| 19.00 | 20.00 | 19.00 | 20.00 | 566,500 | |
05/31/2024 | 22.00 | 22.00 | 22.00 | 22.00 | 63,000 |
| 21.00 | 21.00 | 21.00 | 21.00 | 66,300 |
| Backtest Asia Pacific | | | Asia Pacific History | | | Asia Pacific Valuation | Previous | Next |
Asia Pacific Trading Date Momentum on May 31, 2024
| On June 03 2024 Asia Pacific Fibers was traded for 21.00 at the closing time. The highest price during the trading period was 21.00 and the lowest recorded bid was listed for 21.00 . The volume for the day was 66.3 K. This history from June 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.55% . The overall trading delta to the current price is 13.64% . |
Asia Pacific Fibers Fundamentals Correlations and Trends
By evaluating Asia Pacific'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 Asia Pacific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Pacific Stock history
Asia Pacific 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia Pacific Fibers 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 Asia Pacific stock prices may prove useful in developing a viable investing in Asia Pacific
PT Asia Pacific Fibers Tbk, together with its subsidiaries, engages in the chemical and synthetic fiber manufacturing, weaving and knitting, and other activities related to the textile industry in Indonesia. PT Asia Pacific Fibers Tbk is a subsidiary of Damiano Investments B.V. Asia Pacific operates under Specialty Chemicals classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 3255 people.
Asia Pacific Stock Technical Analysis
Asia Pacific 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
Asia Pacific Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Asia Pacific Fibers 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.
Asia Pacific November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Pacific shares will generate the highest return on investment. By undertsting and applying Asia Pacific stock market strength indicators, traders can identify Asia Pacific Fibers entry and exit signals to maximize returns
Asia Pacific Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Pacific's price direction in advance. Along with the technical and fundamental analysis of Asia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | (0.0003) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.48) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Asia Stock
Asia Pacific financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Pacific security.