Bank Tabungan (Indonesia) Price on January 26, 2024
| BBTN Stock | IDR 1,275 45.00 3.41% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Tabungan stands at 1,275, as last reported on the 3rd of May, with the highest price reaching 1,310 and the lowest price hitting 1,265 during the day. We consider Bank Tabungan very steady. Bank Tabungan Negara secures Sharpe Ratio (or Efficiency) of 0.041, which signifies that the company had a 0.041% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Tabungan Negara, which you can use to evaluate the volatility of the firm. Please confirm Bank Tabungan's Mean Deviation of 2.0, downside deviation of 2.42, and Risk Adjusted Performance of 0.0083 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.041
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bank Tabungan is performing at about 3% of its full potential. 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 Bank Tabungan by adding it to a well-diversified portfolio.
Bank Tabungan Valuation on January 26, 2024
It is possible to determine the worth of Bank Tabungan on a given historical date. On January 26, 2024 Bank was worth 1290.0 at the beginning of the trading date compared to the closed value of 1238.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Tabungan stock. Still, in general, we apply an absolute valuation method to find Bank Tabungan'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 Bank Tabungan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Tabungan's related companies.
| Open | High | Low | Close | Volume | |
| 1,290 | 1,310 | 1,243 | 1,243 | 20,418,600 | |
01/26/2024 | 1,290 | 1,290 | 1,238 | 1,238 | 12,158,100 |
| 1,285 | 1,310 | 1,262 | 1,262 | 14,744,100 |
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Bank Tabungan Trading Date Momentum on January 26, 2024
| On January 29 2024 Bank Tabungan Negara was traded for 1,262 at the closing time. The highest price during the trading period was 1,310 and the lowest recorded bid was listed for 1,262 . The volume for the day was 14.7 M. This history from January 29, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.95% . The overall trading delta to the current price is 3.39% . |
Bank Tabungan Negara Fundamentals Correlations and Trends
By evaluating Bank Tabungan'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 Bank Tabungan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank Tabungan Stock history
Bank Tabungan 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Tabungan Negara 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 Bank Tabungan stock prices may prove useful in developing a viable investing in Bank Tabungan
PT Bank Tabungan Negara Tbk provides various banking products and services in Indonesia. PT Bank Tabungan Negara Tbk was founded in 1897 and is headquartered in Jakarta, Indonesia. Bank Tabungan operates under BanksRegional classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 10899 people.
Bank Tabungan Stock Technical Analysis
Bank Tabungan 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
Bank Tabungan Period Price Range
Low | January 26, 2024
| High |
1,290 | 1,238 |
Bank Tabungan May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Tabungan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Tabungan shares will generate the highest return on investment. By undertsting and applying Bank Tabungan stock market strength indicators, traders can identify Bank Tabungan Negara entry and exit signals to maximize returns
| Accumulation Distribution | 489811.0 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 1264.01 | |||
| Day Typical Price | 1255.35 | |||
| Price Action Indicator | (51.97) | |||
| Period Momentum Indicator | 36.97 |
Bank Tabungan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Tabungan's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0083 | |||
| Jensen Alpha | 0.0191 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0127 |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Tabungan Negara. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Bank Stock analysis
When running Bank Tabungan's price analysis, check to measure Bank Tabungan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Tabungan is operating at the current time. Most of Bank Tabungan's value examination focuses on studying past and present price action to predict the probability of Bank Tabungan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Tabungan's price. Additionally, you may evaluate how the addition of Bank Tabungan to your portfolios can decrease your overall portfolio volatility.
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