Transkon Jaya (Indonesia) Price on March 13, 2023
TRJA Stock | IDR 181.00 1.00 0.55% |
If you're considering investing in Transkon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Transkon Jaya stands at 181.00, as last reported on the 29th of December, with the highest price reaching 189.00 and the lowest price hitting 179.00 during the day. Transkon Jaya Pt owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0855, which indicates the firm had a -0.0855% return per unit of risk over the last 3 months. Transkon Jaya Pt exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Transkon Jaya's Risk Adjusted Performance of (0.08), variance of 1.82, and Coefficient Of Variation of (948.69) to confirm the risk estimate we provide.
Transkon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Transkon |
Sharpe Ratio = -0.0855
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Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Transkon Jaya 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 Transkon Jaya by adding Transkon Jaya to a well-diversified portfolio.
Transkon Jaya Valuation on March 13, 2023
It is possible to determine the worth of Transkon Jaya on a given historical date. On March 13, 2023 Transkon was worth 268.0 at the beginning of the trading date compared to the closed value of 276.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Transkon Jaya stock. Still, in general, we apply an absolute valuation method to find Transkon Jaya'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 Transkon Jaya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Transkon Jaya's related companies.
Open | High | Low | Close | Volume | |
276.00 | 282.00 | 267.07 | 267.07 | 4,219,000 | |
03/13/2023 | 268.00 | 294.00 | 268.00 | 276.96 | 18,388,500 |
276.00 | 280.00 | 269.04 | 269.04 | 2,291,500 |
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Transkon Jaya Trading Date Momentum on March 13, 2023
On March 14 2023 Transkon Jaya Pt was traded for 269.04 at the closing time. The highest price during the trading period was 280.00 and the lowest recorded bid was listed for 269.04 . The volume for the day was 2.3 M. This history from March 14, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.86% . The trading price change to the current price is 7.60% . |
Transkon Jaya Pt Fundamentals Correlations and Trends
By evaluating Transkon Jaya'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 Transkon Jaya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Transkon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Transkon Jaya Stock history
Transkon Jaya 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 Transkon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Transkon Jaya Pt 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 Transkon Jaya stock prices may prove useful in developing a viable investing in Transkon Jaya
PT Transkon Jaya Tbk engages in the rental and lease without option rights for cars, buses, trucks, and others. The company was founded in 2002 and is based in Balikpapan, Indonesia. Transkon Jaya operates under Rental Leasing Services classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 196 people.
Transkon Jaya Stock Technical Analysis
Transkon Jaya 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
Transkon Jaya Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Transkon Jaya Pt 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.
Transkon Jaya December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Transkon Jaya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transkon Jaya shares will generate the highest return on investment. By undertsting and applying Transkon Jaya stock market strength indicators, traders can identify Transkon Jaya Pt entry and exit signals to maximize returns
Transkon Jaya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Transkon Jaya's price direction in advance. Along with the technical and fundamental analysis of Transkon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Transkon 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 | (0.08) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.80) |
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Other Information on Investing in Transkon Stock
Transkon Jaya financial ratios help investors to determine whether Transkon 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 Transkon with respect to the benefits of owning Transkon Jaya security.