Trans Power (Indonesia) Price on December 8, 2023
TPMA Stock | IDR 645.00 20.00 3.20% |
If you're considering investing in Trans Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trans Power stands at 645.00, as last reported on the 11th of December 2024, with the highest price reaching 650.00 and the lowest price hitting 640.00 during the day. Trans Power Marine owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0523, which indicates the firm had a -0.0523% return per unit of risk over the last 3 months. Trans Power Marine exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trans Power's Variance of 5.44, coefficient of variation of (4,338), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Trans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trans |
Sharpe Ratio = -0.0523
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Estimated Market Risk
2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trans Power 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 Trans Power by adding Trans Power to a well-diversified portfolio.
Trans Power Valuation on December 8, 2023
It is possible to determine the worth of Trans Power on a given historical date. On December 8, 2023 Trans was worth 690.67 at the beginning of the trading date compared to the closed value of 672.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trans Power stock. Still, in general, we apply an absolute valuation method to find Trans Power'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 Trans Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trans Power's related companies.
Open | High | Low | Close | Volume | |
672.00 | 695.33 | 662.67 | 690.67 | 11,429,700 | |
12/08/2023 | 690.67 | 700.00 | 667.33 | 672.00 | 5,097,900 |
672.00 | 690.67 | 662.67 | 676.67 | 4,812,800 |
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Trans Power Trading Date Momentum on December 8, 2023
On December 11 2023 Trans Power Marine was traded for 676.67 at the closing time. The highest price during the trading period was 690.67 and the lowest recorded bid was listed for 662.67 . The volume for the day was 4.8 M. This history from December 11, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.69% . The trading price change to the current price is 0.69% . |
Trans Power Marine Fundamentals Correlations and Trends
By evaluating Trans Power'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 Trans Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trans financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trans Power Stock history
Trans Power 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 Trans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trans Power Marine 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 Trans Power stock prices may prove useful in developing a viable investing in Trans Power
Trans Power Stock Technical Analysis
Trans Power 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
Trans Power Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
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Trans Power December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Trans Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trans Power shares will generate the highest return on investment. By undertsting and applying Trans Power stock market strength indicators, traders can identify Trans Power Marine entry and exit signals to maximize returns
Trans Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trans Power's price direction in advance. Along with the technical and fundamental analysis of Trans Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trans 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 | (0.01) | |||
Jensen Alpha | 0.0095 | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 0.0997 |
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Other Information on Investing in Trans Stock
Trans Power financial ratios help investors to determine whether Trans 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 Trans with respect to the benefits of owning Trans Power security.