Asuransi Bintang (Indonesia) Technical Analysis

ASBI Stock  IDR 820.00  30.00  3.80%   
As of the 23rd of April, Asuransi Bintang shows the Mean Deviation of 2.97, downside deviation of 4.32, and Risk Adjusted Performance of 0.0714. Asuransi Bintang Tbk technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Asuransi Bintang Tbk, which can be compared to its peers. Please confirm Asuransi Bintang Tbk information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Asuransi Bintang Tbk is priced correctly, providing market reflects its regular price of 820.0 per share.

Asuransi Bintang Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asuransi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Asuransi
  
Asuransi Bintang's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Asuransi Bintang 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.
A focus of Asuransi Bintang technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asuransi Bintang trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Asuransi Bintang Tbk Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Asuransi Bintang Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Asuransi Bintang Tbk Trend Analysis

Use this graph to draw trend lines for Asuransi Bintang Tbk. You can use it to identify possible trend reversals for Asuransi Bintang as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Asuransi Bintang price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Asuransi Bintang Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Asuransi Bintang Tbk applied against its price change over selected period. The best fit line has a slop of   2.66  , which means Asuransi Bintang Tbk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 268444.67, which is the sum of squared deviations for the predicted Asuransi Bintang price change compared to its average price change.

About Asuransi Bintang Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Asuransi Bintang Tbk on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Asuransi Bintang Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asuransi Bintang Tbk price pattern first instead of the macroeconomic environment surrounding Asuransi Bintang Tbk. By analyzing Asuransi Bintang's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Asuransi Bintang's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Asuransi Bintang specific price patterns or momentum indicators. Please read more on our technical analysis page.

Asuransi Bintang April 23, 2024 Technical Indicators

Most technical analysis of Asuransi help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Asuransi from various momentum indicators to cycle indicators. When you analyze Asuransi charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asuransi Bintang Tbk. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Asuransi Stock analysis

When running Asuransi Bintang's price analysis, check to measure Asuransi Bintang'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 Asuransi Bintang is operating at the current time. Most of Asuransi Bintang's value examination focuses on studying past and present price action to predict the probability of Asuransi Bintang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asuransi Bintang's price. Additionally, you may evaluate how the addition of Asuransi Bintang to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asuransi Bintang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asuransi Bintang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asuransi Bintang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.