Waskita Beton (Indonesia) Price on April 29, 2024
WSBP Stock | IDR 17.00 1.00 5.56% |
If you're considering investing in Waskita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Waskita Beton stands at 17.00, as last reported on the 15th of December 2024, with the highest price reaching 17.00 and the lowest price hitting 17.00 during the day. Waskita Beton Precast shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Waskita Beton Precast exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waskita Beton's Standard Deviation of 3.65, mean deviation of 2.45, and Market Risk Adjusted Performance of (0.34) to validate the risk estimate we provide.
Waskita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Waskita |
Sharpe Ratio = -0.1204
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Estimated Market Risk
3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Waskita Beton 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 Waskita Beton by adding Waskita Beton to a well-diversified portfolio.
Waskita Beton Valuation on April 29, 2024
It is possible to determine the worth of Waskita Beton on a given historical date. On April 29, 2024 Waskita was worth 16.0 at the beginning of the trading date compared to the closed value of 16.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waskita Beton stock. Still, in general, we apply an absolute valuation method to find Waskita Beton'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 Waskita Beton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waskita Beton's related companies.
Open | High | Low | Close | Volume | |
15.00 | 15.00 | 15.00 | 15.00 | 7,337,600 | |
04/29/2024 | 16.00 | 16.00 | 16.00 | 16.00 | 7,449,000 |
16.00 | 17.00 | 16.00 | 17.00 | 70,633,600 |
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Waskita Beton Trading Date Momentum on April 29, 2024
On April 30 2024 Waskita Beton Precast was traded for 17.00 at the closing time. The highest price during the trading period was 17.00 and the lowest recorded bid was listed for 16.00 . The volume for the day was 70.6 M. This history from April 30, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 6.25% . The trading price change to the current price is 12.50% . |
Waskita Beton Precast Fundamentals Correlations and Trends
By evaluating Waskita Beton'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 Waskita Beton's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waskita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Waskita Beton Stock history
Waskita Beton 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 Waskita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waskita Beton Precast 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 Waskita Beton stock prices may prove useful in developing a viable investing in Waskita Beton
PT Waskita Beton Precast Tbk manufactures precast and ready mix concrete. PT Waskita Beton Precast Tbk is a subsidiary of PT Waskita Karya Tbk. Waskita Beton operates under Building Materials classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 334 people.
Waskita Beton Stock Technical Analysis
Waskita Beton 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
Waskita Beton Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Waskita Beton Precast 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.
Waskita Beton December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Waskita Beton stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waskita Beton shares will generate the highest return on investment. By undertsting and applying Waskita Beton stock market strength indicators, traders can identify Waskita Beton Precast entry and exit signals to maximize returns
Waskita Beton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waskita Beton's price direction in advance. Along with the technical and fundamental analysis of Waskita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waskita 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 | (0.03) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (0.35) |
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Other Information on Investing in Waskita Stock
Waskita Beton financial ratios help investors to determine whether Waskita 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 Waskita with respect to the benefits of owning Waskita Beton security.