Astra Otoparts (Indonesia) Price on August 26, 2023

AUTO Stock  IDR 2,330  20.00  0.85%   
If you're considering investing in Astra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Astra Otoparts stands at 2,330, as last reported on the 15th of December 2024, with the highest price reaching 2,360 and the lowest price hitting 2,310 during the day. As of now, Astra Stock is very steady. Astra Otoparts Tbk secures Sharpe Ratio (or Efficiency) of 0.0393, which signifies that the company had a 0.0393% return per unit of risk over the last 3 months. We have found thirty technical indicators for Astra Otoparts Tbk, which you can use to evaluate the volatility of the firm. Please confirm Astra Otoparts' Risk Adjusted Performance of 0.0441, downside deviation of 1.67, and Mean Deviation of 1.43 to double-check if the risk estimate we provide is consistent with the expected return of 0.0771%.
  
Astra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0393

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Estimated Market Risk

 1.96
  actual daily
17
83% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Astra Otoparts is performing at about 3% 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 Astra Otoparts by adding it to a well-diversified portfolio.

Astra Otoparts Valuation on August 26, 2023

It is possible to determine the worth of Astra Otoparts on a given historical date. On August 26, 2023 Astra was worth 2921.48 at the beginning of the trading date compared to the closed value of 2858.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Astra Otoparts stock. Still, in general, we apply an absolute valuation method to find Astra Otoparts' 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 Astra Otoparts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Astra Otoparts' related companies.
 Open High Low Close Volume
  2,912    2,994    2,885    2,921    12,894,300  
08/25/2023
  2,921    2,949    2,813    2,858    7,238,600  
  2,858    2,876    2,705    2,723    15,647,000  
Backtest Astra Otoparts  |  Astra Otoparts History  |  Astra Otoparts Valuation   PreviousNext  
Open Value
2921.48
2858.36
Closing Value
2,927
Upside

Astra Otoparts Trading Date Momentum on August 26, 2023

On August 28 2023 Astra Otoparts Tbk was traded for  2,723  at the closing time. The highest price during the trading period was 2,876  and the lowest recorded bid was listed for  2,705 . The volume for the day was 15.6 M. This history from August 28, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.73% . The overall trading delta to the current price is 4.10% .

Astra Otoparts Tbk Fundamentals Correlations and Trends

By evaluating Astra Otoparts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Astra Otoparts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Astra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Astra Otoparts Stock history

Astra Otoparts 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 Astra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Astra Otoparts 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 Astra Otoparts stock prices may prove useful in developing a viable investing in Astra Otoparts

Astra Otoparts Stock Technical Analysis

Astra Otoparts 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.
A focus of Astra Otoparts technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Astra Otoparts trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Astra Otoparts Period Price Range

Low
December 15, 2024
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Astra Otoparts 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.

Astra Otoparts December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Astra Otoparts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astra Otoparts shares will generate the highest return on investment. By undertsting and applying Astra Otoparts stock market strength indicators, traders can identify Astra Otoparts Tbk entry and exit signals to maximize returns

Astra Otoparts Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Astra Otoparts' price direction in advance. Along with the technical and fundamental analysis of Astra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Astra 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.

Other Information on Investing in Astra Stock

Astra Otoparts financial ratios help investors to determine whether Astra 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 Astra with respect to the benefits of owning Astra Otoparts security.