Tower Bersama (Indonesia) Price on November 13, 2024
TBIG Stock | IDR 1,950 45.00 2.36% |
If you're considering investing in Tower Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tower Bersama stands at 1,950, as last reported on the 26th of November, with the highest price reaching 1,950 and the lowest price hitting 1,900 during the day. Tower Bersama Infras owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0036, which indicates the firm had a -0.0036% return per unit of risk over the last 3 months. Tower Bersama Infrastructure exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tower Bersama's Risk Adjusted Performance of 0.0048, semi deviation of 0.6755, and Coefficient Of Variation of 22748.55 to confirm the risk estimate we provide.
Tower Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tower |
Sharpe Ratio = -0.0036
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Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tower Bersama 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 Tower Bersama by adding Tower Bersama to a well-diversified portfolio.
Tower Bersama Valuation on November 13, 2024
It is possible to determine the worth of Tower Bersama on a given historical date. On November 13, 2024 Tower was worth 1800.0 at the beginning of the trading date compared to the closed value of 1900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tower Bersama stock. Still, in general, we apply an absolute valuation method to find Tower Bersama'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 Tower Bersama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tower Bersama's related companies.
Open | High | Low | Close | Volume | |
1,880 | 1,880 | 1,860 | 1,880 | 142,000 | |
11/13/2024 | 1,800 | 1,905 | 1,800 | 1,900 | 925,100 |
1,900 | 1,910 | 1,860 | 1,885 | 995,400 |
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Tower Bersama Trading Date Momentum on November 13, 2024
On November 14 2024 Tower Bersama Infrastructure was traded for 1,885 at the closing time. The highest price during the trading period was 1,910 and the lowest recorded bid was listed for 1,860 . The volume for the day was 995.4 K. This history from November 14, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.79% . The trading price change to the current price is 2.63% . |
Tower Bersama Infras Fundamentals Correlations and Trends
By evaluating Tower Bersama'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 Tower Bersama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tower financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tower Bersama Stock history
Tower Bersama 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 Tower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tower Bersama Infras 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 Tower Bersama stock prices may prove useful in developing a viable investing in Tower Bersama
Tower Bersama Stock Technical Analysis
Tower Bersama 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
Tower Bersama Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tower Bersama Infrastructure 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.
Tower Bersama November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tower Bersama stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tower Bersama shares will generate the highest return on investment. By undertsting and applying Tower Bersama stock market strength indicators, traders can identify Tower Bersama Infrastructure entry and exit signals to maximize returns
Tower Bersama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tower Bersama's price direction in advance. Along with the technical and fundamental analysis of Tower Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tower 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 | 0.0048 | |||
Jensen Alpha | 0.0046 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | 0.0677 |
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Other Information on Investing in Tower Stock
Tower Bersama financial ratios help investors to determine whether Tower 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 Tower with respect to the benefits of owning Tower Bersama security.