Asuransi Bina Dana Stock Cash And Equivalents
| ABDA Stock | IDR 5,000 0.00 0.00% |
Asuransi Bina Dana fundamentals help investors to digest information that contributes to Asuransi Bina's financial success or failures. It also enables traders to predict the movement of Asuransi Stock. The fundamental analysis module provides a way to measure Asuransi Bina's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Asuransi Bina stock.
Asuransi |
Asuransi Bina Dana Company Cash And Equivalents Analysis
Asuransi Bina's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Asuransi Bina Cash And Equivalents | 385.15 B |
Most of Asuransi Bina's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Asuransi Bina Dana is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Asuransi Bina Dana has 385.15 B in Cash And Equivalents. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The cash and equivalents for all Indonesia stocks is significantly lower than that of the firm.
Asuransi Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asuransi Bina's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asuransi Bina could also be used in its relative valuation, which is a method of valuing Asuransi Bina by comparing valuation metrics of similar companies.Asuransi Bina is currently under evaluation in cash and equivalents category among related companies.
Asuransi Fundamentals
| Return On Equity | 0.0835 | |||
| Return On Asset | 0.0376 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 3.93 T | |||
| Shares Outstanding | 35.37 M | |||
| Shares Owned By Institutions | 10.69 % | |||
| Price To Book | 2.80 X | |||
| Price To Sales | 5.43 X | |||
| Revenue | 788.58 B | |||
| Gross Profit | 472.28 B | |||
| EBITDA | 157.49 B | |||
| Net Income | 157.36 B | |||
| Cash And Equivalents | 385.15 B | |||
| Book Value Per Share | 2,394 X | |||
| Cash Flow From Operations | (118.79 B) | |||
| Earnings Per Share | 197.00 X | |||
| Number Of Employees | 454 | |||
| Beta | 0.11 | |||
| Market Capitalization | 4.04 T | |||
| Total Asset | 2.5 T | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 2.5 T |
About Asuransi Bina Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asuransi Bina Dana's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asuransi Bina using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asuransi Bina Dana based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Asuransi Bina
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asuransi Bina position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asuransi Bina will appreciate offsetting losses from the drop in the long position's value.Moving together with Asuransi Stock
| 0.73 | BYAN | Bayan Resources Tbk | PairCorr |
Moving against Asuransi Stock
| 0.66 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.61 | BBCA | Bank Central Asia | PairCorr |
| 0.57 | TPIA | Chandra Asri Petroch | PairCorr |
The ability to find closely correlated positions to Asuransi Bina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Bina when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asuransi Bina - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asuransi Bina Dana to buy it.
The correlation of Asuransi Bina is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asuransi Bina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Bina Dana moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asuransi Bina can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asuransi Bina Dana. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Asuransi Stock analysis
When running Asuransi Bina's price analysis, check to measure Asuransi Bina'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 Bina is operating at the current time. Most of Asuransi Bina's value examination focuses on studying past and present price action to predict the probability of Asuransi Bina'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 Bina's price. Additionally, you may evaluate how the addition of Asuransi Bina to your portfolios can decrease your overall portfolio volatility.
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