Bank Maybank (Indonesia) Price on January 24, 2024
| BNII Stock | IDR 228.00 2.00 0.88% |
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 Maybank stands at 228.00, as last reported on the 16th of May 2024, with the highest price reaching 232.00 and the lowest price hitting 224.00 during the day. Bank Maybank Indonesia secures Sharpe Ratio (or Efficiency) of -0.069, which signifies that the company had a -0.069% return per unit of risk over the last 3 months. Bank Maybank Indonesia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Maybank's Standard Deviation of 1.43, mean deviation of 1.04, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = -0.069
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| Negative Returns | BNII |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank Maybank 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 Bank Maybank by adding Bank Maybank to a well-diversified portfolio.
Bank Maybank Valuation on January 24, 2024
It is possible to determine the worth of Bank Maybank on a given historical date. On January 24, 2024 Bank was worth 244.0 at the beginning of the trading date compared to the closed value of 232.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Maybank stock. Still, in general, we apply an absolute valuation method to find Bank Maybank'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 Maybank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Maybank's related companies.
| Open | High | Low | Close | Volume | |
| 246.00 | 248.00 | 234.41 | 234.41 | 978,700 | |
01/24/2024 | 244.00 | 246.00 | 232.49 | 232.49 | 1,097,600 |
| 242.00 | 246.00 | 234.41 | 234.41 | 511,800 |
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Bank Maybank Trading Date Momentum on January 24, 2024
| On January 25 2024 Bank Maybank Indonesia was traded for 234.41 at the closing time. The highest price during the trading period was 246.00 and the lowest recorded bid was listed for 234.41 . The volume for the day was 511.8 K. This history from January 25, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.83% . The overall trading delta to the current price is 4.95% . |
Bank Maybank Indonesia Fundamentals Correlations and Trends
By evaluating Bank Maybank'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 Maybank'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 Maybank Stock history
Bank Maybank 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 Maybank Indonesia 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 Maybank stock prices may prove useful in developing a viable investing in Bank Maybank
Bank Maybank Stock Technical Analysis
Bank Maybank 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 Maybank Period Price Range
Low | January 24, 2024
| High |
244.00 | 232.49 |
Bank Maybank May 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Maybank 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 Maybank shares will generate the highest return on investment. By undertsting and applying Bank Maybank stock market strength indicators, traders can identify Bank Maybank Indonesia entry and exit signals to maximize returns
| Accumulation Distribution | 60278.76 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 239.25 | |||
| Day Typical Price | 236.99 | |||
| Price Action Indicator | (12.51) | |||
| Period Momentum Indicator | (4.49) |
Bank Maybank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Maybank'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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Maybank Indonesia. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Bank Stock analysis
When running Bank Maybank's price analysis, check to measure Bank Maybank'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 Maybank is operating at the current time. Most of Bank Maybank's value examination focuses on studying past and present price action to predict the probability of Bank Maybank'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 Maybank's price. Additionally, you may evaluate how the addition of Bank Maybank to your portfolios can decrease your overall portfolio volatility.
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