Asiaplast Industries (Indonesia) Today
Asiaplast Industries is selling for 530.00 as of the 23rd of April 2024. This is a -2.75% down since the beginning of the trading day. The stock's last reported lowest price was 530.0. Equity ratings for Asiaplast Industries Tbk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Valuation
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Asiaplast Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Asiaplast Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asiaplast Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Commissioner | Alexander Pranoto |
| Business Concentration | Materials, Chemicals, Packaging & Containers, Consumer Cyclical (View all Sectors) |
Asiaplast Industries Tbk (APLI) is traded on Jakarta Exchange in Indonesia and employs 203 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 332.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asiaplast Industries's market, we take the total number of its shares issued and multiply it by Asiaplast Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Asiaplast Industries Tbk operates under Chemicals sector and is part of Materials industry. The entity has 1.36 B outstanding shares.
Asiaplast Industries Tbk has accumulated about 9.33 B in cash with 49.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.85.
Check Asiaplast Industries Probability Of Bankruptcy
Asiaplast Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Asiaplast Industries jumping above the current price in 90 days from now is about 92.96%. The Asiaplast Industries Tbk probability density function shows the probability of Asiaplast Industries stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Asiaplast Industries has a beta of 0.4346. This suggests as returns on the market go up, Asiaplast Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asiaplast Industries Tbk will be expected to be much smaller as well. Additionally, asiaplast Industries Tbk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Asiaplast Industries to move above the current price in 90 days from now is about 92.96 (This Asiaplast Industries Tbk probability density function shows the probability of Asiaplast Stock to fall within a particular range of prices over 90 days) .
Asiaplast Industries Tbk Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Asiaplast Industries market risk premium is the additional return an investor will receive from holding Asiaplast Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Asiaplast Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Asiaplast Industries' alpha and beta are two of the key measurements used to evaluate Asiaplast Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.78 | |||
| Semi Deviation | 3.1 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.11 |
Asiaplast Stock Against Markets
Picking the right benchmark for Asiaplast Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Asiaplast Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Asiaplast Industries is critical whether you are bullish or bearish towards Asiaplast Industries Tbk at a given time. Please also check how Asiaplast Industries' historical prices are related to one of the top price index indicators.
Asiaplast Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Asiaplast Industries stock to make a market-neutral strategy. Peer analysis of Asiaplast Industries could also be used in its relative valuation, which is a method of valuing Asiaplast Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Asiaplast Industries Corporate Management
Elected by the shareholders, the Asiaplast Industries' board of directors comprises two types of representatives: Asiaplast Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asiaplast. The board's role is to monitor Asiaplast Industries' management team and ensure that shareholders' interests are well served. Asiaplast Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asiaplast Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hendri Hastuti | Corporate Secretary | Profile | |
| Giman Sastrahandaya | Head Operational | Profile | |
| Agnes Amelia | Head Accounting | Profile | |
| Ouw Lianawati | Head Audit | Profile |
How to buy Asiaplast Stock?
Before investing in Asiaplast Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Asiaplast Industries. To buy Asiaplast Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Asiaplast Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Asiaplast Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Asiaplast Industries Tbk stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Asiaplast Industries Tbk stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Asiaplast Industries Tbk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Asiaplast Industries Tbk?
The danger of trading Asiaplast Industries Tbk is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asiaplast Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asiaplast Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asiaplast Industries Tbk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Asiaplast Stock analysis
When running Asiaplast Industries' price analysis, check to measure Asiaplast Industries' 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 Asiaplast Industries is operating at the current time. Most of Asiaplast Industries' value examination focuses on studying past and present price action to predict the probability of Asiaplast Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiaplast Industries' price. Additionally, you may evaluate how the addition of Asiaplast Industries to your portfolios can decrease your overall portfolio volatility.
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