Bukit Asam (Indonesia) Price on November 10, 2023
PTBA Stock | IDR 2,710 80.00 2.87% |
If you're considering investing in Bukit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bukit Asam stands at 2,710, as last reported on the 30th of November, with the highest price reaching 2,790 and the lowest price hitting 2,700 during the day. Bukit Asam Tbk secures Sharpe Ratio (or Efficiency) of -0.0257, which signifies that the company had a -0.0257% return per unit of risk over the last 3 months. Bukit Asam Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bukit Asam's Standard Deviation of 1.85, mean deviation of 1.35, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
Bukit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bukit |
Sharpe Ratio = -0.0257
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Estimated Market Risk
1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bukit Asam 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 Bukit Asam by adding Bukit Asam to a well-diversified portfolio.
Bukit Asam Valuation on November 10, 2023
It is possible to determine the worth of Bukit Asam on a given historical date. On November 10, 2023 Bukit was worth 2031.02 at the beginning of the trading date compared to the closed value of 2022.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bukit Asam stock. Still, in general, we apply an absolute valuation method to find Bukit Asam'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 Bukit Asam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bukit Asam's related companies.
Open | High | Low | Close | Volume | |
2,031 | 2,048 | 2,014 | 2,031 | 9,197,100 | |
11/10/2023 | 2,031 | 2,048 | 2,022 | 2,022 | 5,557,200 |
2,022 | 2,048 | 2,022 | 2,040 | 6,214,200 |
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Bukit Asam Trading Date Momentum on November 10, 2023
On November 13 2023 Bukit Asam Tbk was traded for 2,040 at the closing time. The highest price during the trading period was 2,048 and the lowest recorded bid was listed for 2,022 . The volume for the day was 6.2 M. This history from November 13, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.85% . The overall trading delta to the current price is 2.56% . |
Bukit Asam Tbk Fundamentals Correlations and Trends
By evaluating Bukit Asam'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 Bukit Asam's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bukit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bukit Asam Stock history
Bukit Asam 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 Bukit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bukit Asam 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 Bukit Asam stock prices may prove useful in developing a viable investing in Bukit Asam
PT Bukit Asam Tbk, together with its subsidiaries, engages in the coal mining activities in Indonesia. PT Bukit Asam Tbk is a subsidiary of PT Indonesia Asahan Aluminium . Bukit Asam operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1827 people.
Bukit Asam Stock Technical Analysis
Bukit Asam 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
Bukit Asam Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Bukit Asam 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.
Bukit Asam November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bukit Asam stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bukit Asam shares will generate the highest return on investment. By undertsting and applying Bukit Asam stock market strength indicators, traders can identify Bukit Asam Tbk entry and exit signals to maximize returns
Bukit Asam Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bukit Asam's price direction in advance. Along with the technical and fundamental analysis of Bukit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bukit 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) | |||
Jensen Alpha | 0.0141 | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 0.0886 |
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Other Information on Investing in Bukit Stock
Bukit Asam financial ratios help investors to determine whether Bukit 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 Bukit with respect to the benefits of owning Bukit Asam security.