Primarindo Asia (Indonesia) Price on December 13, 2024
| BIMA Stock | IDR 105.00 1.00 0.96% |
If you're considering investing in Primarindo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Primarindo Asia stands at 105.00, as last reported on the 16th of December 2024, with the highest price reaching 105.00 and the lowest price hitting 101.00 during the day. Primarindo Asia Infr maintains Sharpe Ratio (i.e., Efficiency) of -0.0198, which implies the firm had a -0.0198% return per unit of risk over the last 3 months. Primarindo Asia Infr exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Primarindo Asia's Risk Adjusted Performance of 0.0497, coefficient of variation of 1743.21, and Semi Deviation of 2.95 to confirm the risk estimate we provide.
Primarindo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Primarindo |
Sharpe Ratio = -0.0198
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Primarindo Asia 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 Primarindo Asia by adding Primarindo Asia to a well-diversified portfolio.
Primarindo Asia Valuation on December 13, 2024
It is possible to determine the worth of Primarindo Asia on a given historical date. On December 13, 2024 Primarindo was worth 104.0 at the beginning of the trading date compared to the closed value of 105.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Primarindo Asia stock. Still, in general, we apply an absolute valuation method to find Primarindo Asia'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 Primarindo Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Primarindo Asia's related companies.
| Open | High | Low | Close | Volume | |
| 99.00 | 109.00 | 97.00 | 104.00 | 5,893,000 | |
12/13/2024 | 104.00 | 105.00 | 101.00 | 105.00 | 884,500 |
| 104.00 | 105.00 | 101.00 | 105.00 | 0.00 |
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Primarindo Asia Trading Date Momentum on December 13, 2024
| On December 16 2024 Primarindo Asia Infrastructure was traded for 105.00 at the closing time. The highest price during the trading period was 105.00 and the lowest recorded bid was listed for 101.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not cause price change. The trading delta at closing time to the current price is 0.95% . |
Primarindo Asia Infr Fundamentals Correlations and Trends
By evaluating Primarindo Asia'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 Primarindo Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Primarindo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Primarindo Asia Stock history
Primarindo Asia 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 Primarindo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Primarindo Asia Infr 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 Primarindo Asia stock prices may prove useful in developing a viable investing in Primarindo Asia
PT Primarindo Asia Infrastructure Tbk. engages in the production, marketing, and export of sportscasual shoes under the Tomkins brand name in Indonesia. PT Primarindo Asia Infrastructure Tbk. is a subsidiary of PT. Primarindo Asia operates under Footwear Accessories classification in Indonesia and is traded on Jakarta Stock Exchange.
Primarindo Asia Stock Technical Analysis
Primarindo Asia 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
Primarindo Asia Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Primarindo Asia 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.
Primarindo Asia December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Primarindo Asia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primarindo Asia shares will generate the highest return on investment. By undertsting and applying Primarindo Asia stock market strength indicators, traders can identify Primarindo Asia Infrastructure entry and exit signals to maximize returns
Primarindo Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Primarindo Asia's price direction in advance. Along with the technical and fundamental analysis of Primarindo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Primarindo 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 | 0.0497 | |||
| Jensen Alpha | 0.266 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0377 | |||
| Treynor Ratio | (0.38) |
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Other Information on Investing in Primarindo Stock
Primarindo Asia financial ratios help investors to determine whether Primarindo 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 Primarindo with respect to the benefits of owning Primarindo Asia security.