Bintang Mitra (Indonesia) Price on October 16, 2024

BMSR Stock  IDR 320.00  2.00  0.63%   
If you're considering investing in Bintang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bintang Mitra stands at 320.00, as last reported on the 13th of December 2024, with the highest price reaching 322.00 and the lowest price hitting 318.00 during the day. Bintang Mitra Semestaraya secures Sharpe Ratio (or Efficiency) of -0.0275, which signifies that the company had a -0.0275% return per unit of risk over the last 3 months. Bintang Mitra Semestaraya exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bintang Mitra's Mean Deviation of 0.9771, standard deviation of 1.4, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Bintang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0275

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.04
  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 Bintang Mitra 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 Bintang Mitra by adding Bintang Mitra to a well-diversified portfolio.

Bintang Mitra Valuation on October 16, 2024

It is possible to determine the worth of Bintang Mitra on a given historical date. On October 16, 2024 Bintang was worth 350.0 at the beginning of the trading date compared to the closed value of 350.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bintang Mitra stock. Still, in general, we apply an absolute valuation method to find Bintang Mitra'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 Bintang Mitra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bintang Mitra's related companies.
 Open High Low Close Volume
  348.00    364.00    348.00    352.00    496,600  
10/16/2024
  350.00    354.00    348.00    350.00    70,200  
  354.00    372.00    350.00    358.00    1,607,400  
Backtest Bintang Mitra  |  Bintang Mitra History  |  Bintang Mitra Valuation   PreviousNext  
Open Value
350.0
345.69
Downside
350.0
Closing Value
354.31
Upside

Bintang Mitra Trading Date Momentum on October 16, 2024

On October 17 2024 Bintang Mitra Semestaraya was traded for  358.00  at the closing time. The highest price during the trading period was 372.00  and the lowest recorded bid was listed for  350.00 . The volume for the day was 1.6 M. This history from October 17, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 2.29% . The overall trading delta to the current price is 0.57% .

Bintang Mitra Semestaraya Fundamentals Correlations and Trends

By evaluating Bintang Mitra'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 Bintang Mitra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bintang financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bintang Mitra Stock history

Bintang Mitra 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 Bintang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bintang Mitra Semestaraya 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 Bintang Mitra stock prices may prove useful in developing a viable investing in Bintang Mitra
PT Bintang Mitra Semestaraya Tbk engages in the trading of chemicals and rice in Indonesia. PT Bintang Mitra Semestaraya Tbk was founded in 1989 and is based in Jakarta, Indonesia. Bintang Mitra operates under Conglomerates classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 57 people.

Bintang Mitra Stock Technical Analysis

Bintang Mitra 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 Bintang Mitra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bintang Mitra 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

Bintang Mitra Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bintang Mitra Semestaraya 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.

Bintang Mitra December 13, 2024 Market Strength

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

Bintang Mitra Technical and Predictive Indicators

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

Bintang Mitra financial ratios help investors to determine whether Bintang 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 Bintang with respect to the benefits of owning Bintang Mitra security.