Tira Austenite (Indonesia) Price on April 12, 2023
| TIRA Stock | IDR 490.00 8.00 1.61% |
If you're considering investing in Tira Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tira Austenite stands at 490.00, as last reported on the 11th of December 2024, with the highest price reaching 492.00 and the lowest price hitting 486.00 during the day. Tira Austenite appears to be very steady, given 3 months investment horizon. Tira Austenite Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0713, which indicates the firm had a 0.0713% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tira Austenite Tbk, which you can use to evaluate the volatility of the company. Please review Tira Austenite's Semi Deviation of 3.93, risk adjusted performance of 0.0567, and Coefficient Of Variation of 1506.77 to confirm if our risk estimates are consistent with your expectations.
Tira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tira |
Sharpe Ratio = 0.0713
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Estimated Market Risk
| 5.75 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tira Austenite is performing at about 5% 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 Tira Austenite by adding it to a well-diversified portfolio.
Tira Austenite Valuation on April 12, 2023
It is possible to determine the worth of Tira Austenite on a given historical date. On April 12, 2023 Tira was worth 408.0 at the beginning of the trading date compared to the closed value of 396.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tira Austenite stock. Still, in general, we apply an absolute valuation method to find Tira Austenite'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 Tira Austenite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tira Austenite's related companies.
| Open | High | Low | Close | Volume | |
| 414.00 | 414.00 | 392.00 | 402.00 | 1,400 | |
04/12/2023 | 408.00 | 408.00 | 394.00 | 396.00 | 600.00 |
| 402.00 | 404.00 | 380.00 | 402.00 | 500.00 |
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Tira Austenite Trading Date Momentum on April 12, 2023
| On April 13 2023 Tira Austenite Tbk was traded for 402.00 at the closing time. The highest price during the trading period was 404.00 and the lowest recorded bid was listed for 380.00 . The volume for the day was 500. This history from April 13, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.52% . The trading price change to the current price is 3.03% . |
Tira Austenite Tbk Fundamentals Correlations and Trends
By evaluating Tira Austenite'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 Tira Austenite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tira Austenite Stock history
Tira Austenite 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 Tira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tira Austenite 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 Tira Austenite stock prices may prove useful in developing a viable investing in Tira Austenite
Tira Austenite Stock Technical Analysis
Tira Austenite 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
Tira Austenite Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Tira Austenite 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.
Tira Austenite December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tira Austenite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tira Austenite shares will generate the highest return on investment. By undertsting and applying Tira Austenite stock market strength indicators, traders can identify Tira Austenite Tbk entry and exit signals to maximize returns
Tira Austenite Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tira Austenite's price direction in advance. Along with the technical and fundamental analysis of Tira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tira 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 | 0.0567 | |||
| Jensen Alpha | 0.4614 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.0498 | |||
| Treynor Ratio | (0.43) |
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| Volume Indicators |
Other Information on Investing in Tira Stock
Tira Austenite financial ratios help investors to determine whether Tira 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 Tira with respect to the benefits of owning Tira Austenite security.