J Resources (Indonesia) Price on November 1, 2024
| PSAB Stock | IDR 302.00 2.00 0.67% |
If you're considering investing in PSAB Stock, it is important to understand the factors that can impact its price. As of today, the current price of J Resources stands at 302.00, as last reported on the 1st of December, with the highest price reaching 306.00 and the lowest price hitting 296.00 during the day. J Resources appears to be very steady, given 3 months investment horizon. J Resources Asia holds Efficiency (Sharpe) Ratio of 0.1, which attests that the company had a 0.1% return per unit of volatility over the last 3 months. By analyzing J Resources' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize J Resources' semi deviation of 3.85, and Market Risk Adjusted Performance of 0.7275 to validate if our risk estimates are consistent with your expectations.
PSAB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PSAB |
Sharpe Ratio = 0.1041
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Estimated Market Risk
| 5.42 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average J Resources is performing at about 8% 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 J Resources by adding it to a well-diversified portfolio.
J Resources Valuation on November 1, 2024
It is possible to determine the worth of J Resources on a given historical date. On November 1, 2024 PSAB was worth 320.0 at the beginning of the trading date compared to the closed value of 308.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of J Resources stock. Still, in general, we apply an absolute valuation method to find J Resources' 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 J Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against J Resources' related companies.
| Open | High | Low | Close | Volume | |
| 346.00 | 348.00 | 316.00 | 320.00 | 460,287,700 | |
11/01/2024 | 320.00 | 322.00 | 302.00 | 308.00 | 370,549,200 |
| 308.00 | 322.00 | 296.00 | 306.00 | 379,507,300 |
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J Resources Trading Date Momentum on November 1, 2024
| On November 04 2024 J Resources Asia was traded for 306.00 at the closing time. The highest price during the trading period was 322.00 and the lowest recorded bid was listed for 296.00 . The volume for the day was 379.5 M. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.65% . The trading delta at closing time to the current price is 1.95% . |
J Resources Asia Fundamentals Correlations and Trends
By evaluating J Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among J Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PSAB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About J Resources Stock history
J Resources 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 PSAB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in J Resources Asia 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 J Resources stock prices may prove useful in developing a viable investing in J Resources
J Resources Stock Technical Analysis
J Resources 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
J Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
J Resources Asia 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.
J Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how J Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading J Resources shares will generate the highest return on investment. By undertsting and applying J Resources stock market strength indicators, traders can identify J Resources Asia entry and exit signals to maximize returns
J Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for J Resources' price direction in advance. Along with the technical and fundamental analysis of PSAB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PSAB 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 | 0.0828 | |||
| Jensen Alpha | 0.4224 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0881 | |||
| Treynor Ratio | 0.7175 |
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Other Information on Investing in PSAB Stock
J Resources financial ratios help investors to determine whether PSAB 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 PSAB with respect to the benefits of owning J Resources security.