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Ashmore Asset Management Indonesia
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PenkeI guess you are interested in Ashmore Asset Management Indonesia. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Ashmore Asset Management Indonesia. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ashmore Asset Management Indonesia (30 sec.)










What can you expect buying and holding a share of Ashmore Asset Management Indonesia? (30 sec.)

How much money do you get?

How much money do you get?
Rp0.00
When do you have the money?
1 year
How often do you get paid?
83.3%

What is your share worth?

Current worth
Rp130.06
Expected worth in 1 year
Rp133.66
How sure are you?
94.4%

+ What do you gain per year?

Total Gains per Share
Rp19.61
Return On Investment
2.0%

For what price can you sell your share?

Current Price per Share
Rp965.00
Expected price per share
Rp924.12 - Rp1,362
How sure are you?
50%

1. Valuation of Ashmore Asset Management Indonesia (5 min.)




Live pricePrice per Share (EOD)

Rp965.00

Intrinsic Value Per Share

Rp487.84 - Rp566.00

Total Value Per Share

Rp617.90 - Rp696.06

2. Growth of Ashmore Asset Management Indonesia (5 min.)




Is Ashmore Asset Management Indonesia growing?

Current yearPrevious yearGrowGrow %
How rich?$28.7m$29.9m-$820k-2.8%

How much money is Ashmore Asset Management Indonesia making?

Current yearPrevious yearGrowGrow %
Making money$2.4m$2.6m-$203.2k-8.3%
Net Profit Margin30.5%30.1%--

How much money comes from the company's main activities?

3. Financial Health of Ashmore Asset Management Indonesia (5 min.)




4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#600 / 763

Most Revenue
#385 / 763

Most Profit
#370 / 763

Most Efficient
#467 / 763

What can you expect buying and holding a share of Ashmore Asset Management Indonesia? (5 min.)

Welcome investor! Ashmore Asset Management Indonesia's management wants to use your money to grow the business. In return you get a share of Ashmore Asset Management Indonesia.

What can you expect buying and holding a share of Ashmore Asset Management Indonesia?

First you should know what it really means to hold a share of Ashmore Asset Management Indonesia. And how you can make/lose money.

Speculation

The Price per Share of Ashmore Asset Management Indonesia is Rp965.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ashmore Asset Management Indonesia.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ashmore Asset Management Indonesia, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is Rp130.06. Based on the TTM, the Book Value Change Per Share is Rp0.90 per quarter. Based on the YOY, the Book Value Change Per Share is Rp-1.19 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is Rp4.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ashmore Asset Management Indonesia.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 Rp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per ShareRp% of Price per Share
Usd Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share0.10-0.10-0.14-16.81-16.81-
Price to Earnings Ratio24.72-22.48-29.95-6,003.14-6,003.14-
Price-to-Total Gains Ratio-66.83-55.07-82.98-23,056,666,666,908.28-23,056,666,666,908.28-
Price to Book Ratio7.54-7.96-10.56-843.07-843.07-
Price-to-Total Gains Ratio-66.83-55.07-82.98-23,056,666,666,908.28-23,056,666,666,908.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0965
Number of shares10362
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (10362 shares)5.0826.45
Gains per Year (10362 shares)20.32105.81
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
117410763096
23373015260202
350115022890308
4661570303120414
5831990379150520
69922110455180626
711626130531210732
813330150607240838
914934170683270944
10166371907592991050

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%8.07.03.044.4%8.07.03.044.4%8.07.03.044.4%
Dividend per Share1.00.03.025.0%9.00.03.075.0%15.00.03.083.3%15.00.03.083.3%15.00.03.083.3%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%17.01.00.094.4%17.01.00.094.4%17.01.00.094.4%

Fundamentals of Ashmore Asset Management Indonesia

About Ashmore Asset Management Indonesia

PT Ashmore Asset Management Indonesia Tbk s an investment management company. The firm was founded in 2010 and is headquartered in Jakarta Utara, Jakarta Raya, Indonesia.

Fundamental data was last updated by Penke on 2024-03-28 15:19:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Ashmore Asset Management Indonesia.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ashmore Asset Management Indonesia earns for each Rp1 of revenue.

  • Above 10% is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • A Net Profit Margin of 27.0% means that Rp0.27 for each Rp1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ashmore Asset Management Indonesia:

  • The MRQ is 27.0%. The company is making a huge profit. +2
  • The TTM is 30.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ27.0%TTM30.5%-3.5%
TTM30.5%YOY30.1%+0.4%
TTM30.5%5Y29.3%+1.1%
5Y29.3%10Y29.3%0.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ27.0%62.0%-35.0%
TTM30.5%63.5%-33.0%
YOY30.1%71.0%-40.9%
5Y29.3%62.9%-33.6%
10Y29.3%58.3%-29.0%
1.1.2. Return on Assets

Shows how efficient Ashmore Asset Management Indonesia is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • 6.1% Return on Assets means that Ashmore Asset Management Indonesia generated Rp0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ashmore Asset Management Indonesia:

  • The MRQ is 6.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.1%TTM6.7%-0.6%
TTM6.7%YOY6.9%-0.2%
TTM6.7%5Y5.5%+1.2%
5Y5.5%10Y5.5%0.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ6.1%0.8%+5.3%
TTM6.7%0.9%+5.8%
YOY6.9%1.0%+5.9%
5Y5.5%1.5%+4.0%
10Y5.5%2.1%+3.4%
1.1.3. Return on Equity

Shows how efficient Ashmore Asset Management Indonesia is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • 7.6% Return on Equity means Ashmore Asset Management Indonesia generated Rp0.08 for each Rp1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ashmore Asset Management Indonesia:

  • The MRQ is 7.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.6%TTM8.4%-0.8%
TTM8.4%YOY8.9%-0.5%
TTM8.4%5Y7.0%+1.4%
5Y7.0%10Y7.0%0.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%1.7%+5.9%
TTM8.4%2.0%+6.4%
YOY8.9%1.9%+7.0%
5Y7.0%2.6%+4.4%
10Y7.0%3.2%+3.8%

1.2. Operating Efficiency of Ashmore Asset Management Indonesia.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ashmore Asset Management Indonesia is operating .

  • Measures how much profit Ashmore Asset Management Indonesia makes for each Rp1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • An Operating Margin of 0.0% means the company generated Rp0.00  for each Rp1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ashmore Asset Management Indonesia:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM9.8%-9.8%
TTM9.8%YOY24.3%-14.6%
TTM9.8%5Y20.8%-11.0%
5Y20.8%10Y20.8%0.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-80.3%-80.3%
TTM9.8%62.8%-53.0%
YOY24.3%70.7%-46.4%
5Y20.8%55.7%-34.9%
10Y20.8%50.4%-29.6%
1.2.2. Operating Ratio

Measures how efficient Ashmore Asset Management Indonesia is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of 1.17 means that the operating costs are Rp1.17 for each Rp1 in net sales.

Let's take a look of the Operating Ratio trends of Ashmore Asset Management Indonesia:

  • The MRQ is 1.175. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.137. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.175TTM1.137+0.038
TTM1.137YOY1.064+0.073
TTM1.1375Y0.937+0.200
5Y0.93710Y0.9370.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1750.420+0.755
TTM1.1370.445+0.692
YOY1.0640.335+0.729
5Y0.9370.430+0.507
10Y0.9370.483+0.454

1.3. Liquidity of Ashmore Asset Management Indonesia.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ashmore Asset Management Indonesia is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of 4.25 means the company has Rp4.25 in assets for each Rp1 in short-term debts.

Let's take a look of the Current Ratio trends of Ashmore Asset Management Indonesia:

  • The MRQ is 4.254. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.357. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.254TTM4.357-0.103
TTM4.357YOY3.333+1.024
TTM4.3575Y4.391-0.034
5Y4.39110Y4.3910.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2543.222+1.032
TTM4.3573.191+1.166
YOY3.3333.840-0.507
5Y4.3915.526-1.135
10Y4.3916.549-2.158
1.3.2. Quick Ratio

Measures if Ashmore Asset Management Indonesia is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • A Quick Ratio of 1.91 means the company can pay off Rp1.91 for each Rp1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ashmore Asset Management Indonesia:

  • The MRQ is 1.906. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.399. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.906TTM2.399-0.493
TTM2.399YOY1.687+0.712
TTM2.3995Y3.079-0.680
5Y3.07910Y3.0790.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9063.184-1.278
TTM2.3993.532-1.133
YOY1.6874.139-2.452
5Y3.0796.715-3.636
10Y3.0796.060-2.981

1.4. Solvency of Ashmore Asset Management Indonesia.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ashmore Asset Management Indonesia assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ashmore Asset Management Indonesia to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.20 means that Ashmore Asset Management Indonesia assets are financed with 20.3% credit (debt) and the remaining percentage (100% - 20.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ashmore Asset Management Indonesia:

  • The MRQ is 0.203. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.206. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.206-0.003
TTM0.206YOY0.226-0.021
TTM0.2065Y0.177+0.029
5Y0.17710Y0.1770.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2030.183+0.020
TTM0.2060.180+0.026
YOY0.2260.185+0.041
5Y0.1770.190-0.013
10Y0.1770.188-0.011
1.4.2. Debt to Equity Ratio

Measures if Ashmore Asset Management Indonesia is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • A Debt to Equity ratio of 25.5% means that company has Rp0.25 debt for each Rp1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ashmore Asset Management Indonesia:

  • The MRQ is 0.255. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.260. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.255TTM0.260-0.005
TTM0.260YOY0.296-0.036
TTM0.2605Y0.226+0.034
5Y0.22610Y0.2260.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2550.210+0.045
TTM0.2600.220+0.040
YOY0.2960.227+0.069
5Y0.2260.250-0.024
10Y0.2260.260-0.034

2. Market Valuation of Ashmore Asset Management Indonesia

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every Rp1 in earnings Ashmore Asset Management Indonesia generates.

  • Above 15 is considered overpriced but always compare Ashmore Asset Management Indonesia to the Asset Management industry mean.
  • A PE ratio of 24.72 means the investor is paying Rp24.72 for every Rp1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ashmore Asset Management Indonesia:

  • The EOD is 24.338. Based on the earnings, the company is fair priced.
  • The MRQ is 24.716. Based on the earnings, the company is fair priced.
  • The TTM is 22.483. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD24.338MRQ24.716-0.378
MRQ24.716TTM22.483+2.233
TTM22.483YOY29.951-7.468
TTM22.4835Y6,003.142-5,980.660
5Y6,003.14210Y6,003.1420.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD24.3385.619+18.719
MRQ24.7165.505+19.211
TTM22.4835.667+16.816
YOY29.9513.801+26.150
5Y6,003.1425.342+5,997.800
10Y6,003.1427.598+5,995.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ashmore Asset Management Indonesia:

  • The EOD is 38.986. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 39.592. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 26.991. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD38.986MRQ39.592-0.606
MRQ39.592TTM26.991+12.601
TTM26.991YOY43.351-16.360
TTM26.9915Y5,862.945-5,835.954
5Y5,862.94510Y5,862.9450.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD38.9864.635+34.351
MRQ39.5924.286+35.306
TTM26.9913.311+23.680
YOY43.3512.052+41.299
5Y5,862.9452.207+5,860.738
10Y5,862.9452.479+5,860.466
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ashmore Asset Management Indonesia is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 7.54 means the investor is paying Rp7.54 for each Rp1 in book value.

Let's take a look of the Price to Book Ratio trends of Ashmore Asset Management Indonesia:

  • The EOD is 7.420. Based on the equity, the company is overpriced. -1
  • The MRQ is 7.535. Based on the equity, the company is overpriced. -1
  • The TTM is 7.955. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.420MRQ7.535-0.115
MRQ7.535TTM7.955-0.420
TTM7.955YOY10.558-2.602
TTM7.9555Y843.065-835.110
5Y843.06510Y843.0650.000
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD7.4200.927+6.493
MRQ7.5350.911+6.624
TTM7.9550.910+7.045
YOY10.5580.983+9.575
5Y843.0651.008+842.057
10Y843.0651.157+841.908
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ashmore Asset Management Indonesia compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---14.6640.902-1726%-1.189-92%7.225-303%7.225-303%
Book Value Per Share--130.055131.407-1%134.849-4%111.420+17%111.420+17%
Current Ratio--4.2544.357-2%3.333+28%4.391-3%4.391-3%
Debt To Asset Ratio--0.2030.206-1%0.226-10%0.177+15%0.177+15%
Debt To Equity Ratio--0.2550.260-2%0.296-14%0.226+13%0.226+13%
Dividend Per Share---4.000-100%33.889-100%18.304-100%18.304-100%
Eps--9.91311.670-15%11.955-17%11.795-16%11.795-16%
Free Cash Flow Per Share--6.18810.421-41%11.271-45%10.524-41%10.524-41%
Free Cash Flow To Equity Per Share--6.18810.041-38%-16.091+360%3.935+57%3.935+57%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--566.004--------
Intrinsic Value_10Y_min--487.843--------
Intrinsic Value_1Y_max--50.683--------
Intrinsic Value_1Y_min--49.779--------
Intrinsic Value_3Y_max--156.880--------
Intrinsic Value_3Y_min--149.678--------
Intrinsic Value_5Y_max--268.624--------
Intrinsic Value_5Y_min--248.934--------
Market Cap2135969600000.000-2%2169171200000.0002294113810375.000-5%3122020705500.000-31%371991919727526.000-99%371991919727526.000-99%
Net Profit Margin--0.2700.305-11%0.301-10%0.293-8%0.293-8%
Operating Margin---0.098-100%0.243-100%0.208-100%0.208-100%
Operating Ratio--1.1751.137+3%1.064+10%0.937+25%0.937+25%
Pb Ratio7.420-2%7.5357.955-5%10.558-29%843.065-99%843.065-99%
Pe Ratio24.338-2%24.71622.483+10%29.951-17%6003.142-100%6003.142-100%
Price Per Share965.000-2%980.0001036.250-5%1407.500-30%168058.611-99%168058.611-99%
Price To Free Cash Flow Ratio38.986-2%39.59226.991+47%43.351-9%5862.945-99%5862.945-99%
Price To Total Gains Ratio-65.808+2%-66.83155.073-221%82.981-181%23056666666908.281-100%23056666666908.281-100%
Quick Ratio--1.9062.399-21%1.687+13%3.079-38%3.079-38%
Return On Assets--0.0610.067-9%0.069-12%0.055+11%0.055+11%
Return On Equity--0.0760.084-9%0.089-15%0.070+9%0.070+9%
Total Gains Per Share---14.6644.902-399%32.700-145%25.529-157%25.529-157%
Usd Book Value--28787000.00029091000.000-1%29911019.814-4%24691112.751+17%24691112.751+17%
Usd Book Value Change Per Share---0.0010.000-1726%0.000-92%0.001-303%0.001-303%
Usd Book Value Per Share--0.0130.013-1%0.013-4%0.011+17%0.011+17%
Usd Dividend Per Share---0.000-100%0.003-100%0.002-100%0.002-100%
Usd Eps--0.0010.001-15%0.001-17%0.001-16%0.001-16%
Usd Free Cash Flow--1369700.0002307200.000-41%2499997.084-45%2331771.095-41%2331771.095-41%
Usd Free Cash Flow Per Share--0.0010.001-41%0.001-45%0.001-41%0.001-41%
Usd Free Cash Flow To Equity Per Share--0.0010.001-38%-0.002+360%0.000+57%0.000+57%
Usd Market Cap213596960.000-2%216917120.000229411381.038-5%312202070.550-31%37199191972.753-99%37199191972.753-99%
Usd Price Per Share0.097-2%0.0980.104-5%0.141-30%16.806-99%16.806-99%
Usd Profit--2194100.0002448400.000-10%2651688.832-17%2583347.075-15%2583347.075-15%
Usd Revenue--8130100.0008036900.000+1%8824211.865-8%8762935.068-7%8762935.068-7%
Usd Total Gains Per Share---0.0010.000-399%0.003-145%0.003-157%0.003-157%
 EOD+5 -3MRQTTM+5 -30YOY+10 -255Y+11 -2410Y+11 -24

3.2. Fundamental Score

Let's check the fundamental score of Ashmore Asset Management Indonesia based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.338
Price to Book Ratio (EOD)Between0-17.420
Net Profit Margin (MRQ)Greater than00.270
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.906
Current Ratio (MRQ)Greater than14.254
Debt to Asset Ratio (MRQ)Less than10.203
Debt to Equity Ratio (MRQ)Less than10.255
Return on Equity (MRQ)Greater than0.150.076
Return on Assets (MRQ)Greater than0.050.061
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Ashmore Asset Management Indonesia based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.093
Ma 20Greater thanMa 50966.500
Ma 50Greater thanMa 100999.554
Ma 100Greater thanMa 200971.869
OpenGreater thanClose970.000
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in IDR. All numbers in thousands.

Summary
Total Assets361,230,000
Total Liabilities73,360,000
Total Stockholder Equity287,870,000
 As reported
Total Liabilities 73,360,000
Total Stockholder Equity+ 287,870,000
Total Assets = 361,230,000

Assets

Total Assets361,230,000
Total Current Assets224,252,000
Long-term Assets136,978,000
Total Current Assets
Cash And Cash Equivalents 106,639,000
Short-term Investments 64,122,000
Net Receivables 36,360,000
Total Current Assets  (as reported)224,252,000
Total Current Assets  (calculated)207,121,000
+/- 17,131,000
Long-term Assets
Property Plant Equipment 15,054,000
Intangible Assets 6,462,000
Long-term Assets  (as reported)136,978,000
Long-term Assets  (calculated)21,516,000
+/- 115,462,000

Liabilities & Shareholders' Equity

Total Current Liabilities52,719,000
Long-term Liabilities20,641,000
Total Stockholder Equity287,870,000
Total Current Liabilities
Total Current Liabilities  (as reported)52,719,000
Total Current Liabilities  (calculated)0
+/- 52,719,000
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt15,455,000
Long-term Liabilities  (as reported)20,641,000
Long-term Liabilities  (calculated)15,455,000
+/- 5,186,000
Total Stockholder Equity
Retained Earnings 57,779,000
Total Stockholder Equity (as reported)287,870,000
Total Stockholder Equity (calculated)57,779,000
+/- 230,091,000
Other
Capital Stock27,778,000
Common Stock Shares Outstanding 2,213,438
Net Invested Capital 287,870,000
Net Working Capital 171,533,000
Property Plant and Equipment Gross 22,577,000



Balance Sheet

Currency in IDR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
0
0
0
336,398,989
374,109,331
347,839,051
369,063,645
393,127,594
425,670,623
385,593,993
388,559,469
393,081,000
411,756,000
352,760,000
348,301,000
360,367,000
393,630,000
361,230,000
361,230,000393,630,000360,367,000348,301,000352,760,000411,756,000393,081,000388,559,469385,593,993425,670,623393,127,594369,063,645347,839,051374,109,331336,398,989000
   > Total Current Assets 
0
0
331,549,645
329,977,851
345,160,310
269,256,314
282,440,487
307,194,209
248,541,760
209,055,499
209,921,236
214,748,000
232,787,000
173,870,000
167,573,000
180,497,000
361,481,000
224,252,000
224,252,000361,481,000180,497,000167,573,000173,870,000232,787,000214,748,000209,921,236209,055,499248,541,760307,194,209282,440,487269,256,314345,160,310329,977,851331,549,64500
       Cash And Cash Equivalents 
0
0
0
205,461,768
293,262,003
212,483,579
213,976,431
258,097,250
193,352,555
141,098,271
149,351,797
3,976,000
3,444,000
122,731,000
118,762,000
142,552,000
212,334,000
106,639,000
106,639,000212,334,000142,552,000118,762,000122,731,0003,444,0003,976,000149,351,797141,098,271193,352,555258,097,250213,976,431212,483,579293,262,003205,461,768000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
101,011,000
102,382,000
103,385,000
104,224,000
104,967,000
64,122,000
64,122,000104,967,000104,224,000103,385,000102,382,000101,011,000000000000000
       Net Receivables 
0
0
41,351,250
29,716,864
30,573,136
43,016,929
46,278,659
42,900,549
44,149,658
50,367,190
42,382,570
37,490,000
42,604,000
50,662,000
35,232,000
36,252,000
35,593,000
36,360,000
36,360,00035,593,00036,252,00035,232,00050,662,00042,604,00037,490,00042,382,57050,367,19044,149,65842,900,54946,278,65943,016,92930,573,13629,716,86441,351,25000
       Other Current Assets 
0
0
1,105,747
0
4,796,002
7,519,884
10,677,770
1,191,497
5,629,135
13,302,280
17,475,291
0
0
0
0
1,106,000
0
0
001,106,000000017,475,29113,302,2805,629,1351,191,49710,677,7707,519,8844,796,00201,105,74700
   > Long-term Assets 
0
0
0
0
0
0
86,623,158
87,124,883
177,128,863
176,538,494
173,831,497
178,333,000
178,969,000
178,890,000
180,727,000
180,976,000
32,149,000
136,978,000
136,978,00032,149,000180,976,000180,727,000178,890,000178,969,000178,333,000173,831,497176,538,494177,128,86387,124,88386,623,158000000
       Property Plant Equipment 
0
0
4,714,506
4,320,840
26,796,569
25,667,150
24,539,954
23,683,285
22,622,541
21,484,057
20,355,603
19,221,000
18,445,000
17,373,000
16,961,000
16,139,000
15,322,000
15,054,000
15,054,00015,322,00016,139,00016,961,00017,373,00018,445,00019,221,00020,355,60321,484,05722,622,54123,683,28524,539,95425,667,15026,796,5694,320,8404,714,50600
       Intangible Assets 
0
27,500
0
13,750
6,875
710,980
0
0
0
0
164,063
153,000
142,000
4,957,000
6,166,000
5,735,000
6,187,000
6,462,000
6,462,0006,187,0005,735,0006,166,0004,957,000142,000153,000164,0630000710,9806,87513,750027,5000
       Other Assets 
0
0
1,060,195
2,086,547
2,145,577
2,915,587
2,263,637
2,194,586
4,520,441
4,589,998
7,192,603
2,155,000
8,987,000
8,192,000
0
8,611,000
0
0
008,611,00008,192,0008,987,0002,155,0007,192,6034,589,9984,520,4412,194,5862,263,6372,915,5872,145,5772,086,5471,060,19500
> Total Liabilities 
0
0
0
50,845,571
68,230,717
72,768,898
95,750,232
80,948,190
84,912,327
94,027,789
114,560,676
83,581,000
79,288,000
72,286,000
83,435,000
69,806,000
73,287,000
73,360,000
73,360,00073,287,00069,806,00083,435,00072,286,00079,288,00083,581,000114,560,67694,027,78984,912,32780,948,19095,750,23272,768,89868,230,71750,845,571000
   > Total Current Liabilities 
0
0
51,126,146
39,240,160
36,583,924
39,797,429
68,508,741
54,096,809
57,661,204
68,075,880
89,322,737
60,929,000
57,897,000
50,614,000
61,995,000
50,903,000
52,196,000
52,719,000
52,719,00052,196,00050,903,00061,995,00050,614,00057,897,00060,929,00089,322,73768,075,88057,661,20454,096,80968,508,74139,797,42936,583,92439,240,16051,126,14600
       Accounts payable 
0
0
0
0
0
0
0
0
0
16,708,330
15,842,066
0
0
0
0
0
0
0
000000015,842,06616,708,330000000000
       Other Current Liabilities 
0
0
22,019,243
4,160,067
4,374,537
9,907,257
17,431,989
10,654,294
7,784,866
16,197,334
23,618,161
0
6,516,000
12,510,000
0
6,727,000
0
0
006,727,000012,510,0006,516,000023,618,16116,197,3347,784,86610,654,29417,431,9899,907,2574,374,5374,160,06722,019,24300
   > Long-term Liabilities 
0
0
0
0
0
0
5,351,949
25,136,101
25,731,114
25,437,561
25,135,447
22,652,000
22,256,000
21,853,000
21,440,000
21,491,000
21,091,000
20,641,000
20,641,00021,091,00021,491,00021,440,00021,853,00022,256,00022,652,00025,135,44725,437,56125,731,11425,136,1015,351,949000000
       Long term Debt Total 
0
0
0
93,612
23,106,323
22,502,531
21,889,542
20,798,449
21,103,642
20,520,269
19,928,335
19,328,000
18,718,000
0
0
0
0
0
0000018,718,00019,328,00019,928,33520,520,26921,103,64220,798,44921,889,54222,502,53123,106,32393,612000
       Other Liabilities 
0
0
10,415,112
11,605,412
8,603,435
10,500,704
5,351,949
6,052,933
6,147,481
5,431,641
6,189,734
0
5,313,000
5,332,000
0
5,783,000
0
0
005,783,00005,332,0005,313,00006,189,7345,431,6416,147,4816,052,9335,351,94910,500,7048,603,43511,605,41210,415,11200
> Total Stockholder Equity
0
0
0
285,553,418
305,878,615
275,070,153
273,313,413
312,179,404
340,758,297
291,566,204
273,998,793
309,500,000
332,468,000
280,474,000
264,866,000
290,561,000
320,343,000
287,870,000
287,870,000320,343,000290,561,000264,866,000280,474,000332,468,000309,500,000273,998,793291,566,204340,758,297312,179,404273,313,413275,070,153305,878,615285,553,418000
   Common Stock
0
0
27,777,780
27,777,780
27,777,780
27,777,780
27,777,780
27,777,780
27,777,780
27,777,780
27,777,780
27,778,000
27,778,000
27,778,000
0
27,778,000
0
0
0027,778,000027,778,00027,778,00027,778,00027,777,78027,777,78027,777,78027,777,78027,777,78027,777,78027,777,78027,777,78027,777,78000
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 
0
0
0
201,347,241
201,347,241
200,967,388
200,967,388
200,967,388
200,967,388
200,967,388
200,967,388
200,967,000
200,967,000
0
0
0
0
0
00000200,967,000200,967,000200,967,388200,967,388200,967,388200,967,388200,967,388200,967,388201,347,241201,347,241000
   Treasury Stock00000000-7,189,198000000000
   Other Stockholders Equity 
0
0
567,035
471,949
471,949
471,949
471,949
208,825,889
208,825,889
204,412,222
204,412,222
1,004,000
207,165,000
207,398,000
0
208,330,000
0
0
00208,330,0000207,398,000207,165,0001,004,000204,412,222204,412,222208,825,889208,825,889471,949471,949471,949471,949567,03500



Balance Sheet

Currency in IDR. All numbers in thousands.




Cash Flow

Currency in IDR. All numbers in thousands.




Income Statement

Currency in IDR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue324,086,000
Cost of Revenue-154,113,000
Gross Profit169,973,000169,973,000
 
Operating Income (+$)
Gross Profit169,973,000
Operating Expense-215,448,000
Operating Income108,638,000-45,475,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative7,234,000
Selling And Marketing Expenses-
Operating Expense215,448,0007,234,000
 
Net Interest Income (+$)
Interest Income4,983,000
Interest Expense-992,000
Other Finance Cost-0
Net Interest Income3,991,000
 
Pretax Income (+$)
Operating Income108,638,000
Net Interest Income3,991,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)124,978,000108,638,000
EBIT - interestExpense = -992,000
99,334,000
100,326,000
Interest Expense992,000
Earnings Before Interest and Taxes (EBIT)-125,970,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax124,978,000
Tax Provision-25,644,000
Net Income From Continuing Ops99,334,00099,334,000
Net Income99,334,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--3,991,000
 

Technical Analysis of Ashmore Asset Management Indonesia
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ashmore Asset Management Indonesia. The general trend of Ashmore Asset Management Indonesia is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ashmore Asset Management Indonesia's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ashmore Asset Management Indonesia.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 985.00 < 1,304 < 1,362.

The bearish price targets are: 950.00 > 938.87 > 924.12.

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Ashmore Asset Management Indonesia Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ashmore Asset Management Indonesia. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ashmore Asset Management Indonesia Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ashmore Asset Management Indonesia. The current macd is -9.94229292.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ashmore Asset Management Indonesia price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ashmore Asset Management Indonesia. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ashmore Asset Management Indonesia price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ashmore Asset Management Indonesia Daily Moving Average Convergence/Divergence (MACD) ChartAshmore Asset Management Indonesia Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ashmore Asset Management Indonesia. The current adx is 13.83.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ashmore Asset Management Indonesia shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Ashmore Asset Management Indonesia Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ashmore Asset Management Indonesia. The current sar is 1,009.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Ashmore Asset Management Indonesia Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ashmore Asset Management Indonesia. The current rsi is 43.09. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Ashmore Asset Management Indonesia Daily Relative Strength Index (RSI) ChartAshmore Asset Management Indonesia Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ashmore Asset Management Indonesia. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ashmore Asset Management Indonesia price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ashmore Asset Management Indonesia Daily Stochastic Oscillator ChartAshmore Asset Management Indonesia Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ashmore Asset Management Indonesia. The current cci is 5.46448087.

Ashmore Asset Management Indonesia Daily Commodity Channel Index (CCI) ChartAshmore Asset Management Indonesia Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ashmore Asset Management Indonesia. The current cmo is -20.95448463.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Ashmore Asset Management Indonesia Daily Chande Momentum Oscillator (CMO) ChartAshmore Asset Management Indonesia Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Ashmore Asset Management Indonesia. The current willr is -70.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ashmore Asset Management Indonesia is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ashmore Asset Management Indonesia Daily Williams %R ChartAshmore Asset Management Indonesia Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Ashmore Asset Management Indonesia.

Ashmore Asset Management Indonesia Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ashmore Asset Management Indonesia. The current atr is 24.94.

Ashmore Asset Management Indonesia Daily Average True Range (ATR) ChartAshmore Asset Management Indonesia Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ashmore Asset Management Indonesia. The current obv is 1,398,000.

Ashmore Asset Management Indonesia Daily On-Balance Volume (OBV) ChartAshmore Asset Management Indonesia Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ashmore Asset Management Indonesia. The current mfi is 76.79.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Ashmore Asset Management Indonesia Daily Money Flow Index (MFI) ChartAshmore Asset Management Indonesia Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ashmore Asset Management Indonesia.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside

6.3. Candlestick Patterns

Ashmore Asset Management Indonesia Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ashmore Asset Management Indonesia based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.093
Ma 20Greater thanMa 50966.500
Ma 50Greater thanMa 100999.554
Ma 100Greater thanMa 200971.869
OpenGreater thanClose970.000
Total2/5 (40.0%)
Penke

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