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Asuransi Bintang Tbk
Buy, Hold or Sell?

Let's analyse Asuransi Bintang Tbk together

PenkeI guess you are interested in Asuransi Bintang Tbk. 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 Asuransi Bintang Tbk. 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 Asuransi Bintang Tbk (30 sec.)










What can you expect buying and holding a share of Asuransi Bintang Tbk? (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?
80.0%

What is your share worth?

Current worth
Rp1,059.39
Expected worth in 1 year
Rp1,214.32
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
Rp177.73
Return On Investment
20.9%

For what price can you sell your share?

Current Price per Share
Rp850.00
Expected price per share
Rp720.00 - Rp
How sure are you?
50%

1. Valuation of Asuransi Bintang Tbk (5 min.)




Live pricePrice per Share (EOD)

Rp850.00

Intrinsic Value Per Share

Rp-1,511.42 - Rp-1,018.89

Total Value Per Share

Rp-452.03 - Rp40.50

2. Growth of Asuransi Bintang Tbk (5 min.)




Is Asuransi Bintang Tbk growing?

Current yearPrevious yearGrowGrow %
How rich?$36.9m$35.5m$1.3m3.7%

How much money is Asuransi Bintang Tbk making?

Current yearPrevious yearGrowGrow %
Making money$513.2k$1.6m-$1.1m-220.4%
Net Profit Margin2.1%6.8%--

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

3. Financial Health of Asuransi Bintang Tbk (5 min.)




What can you expect buying and holding a share of Asuransi Bintang Tbk? (5 min.)

Welcome investor! Asuransi Bintang Tbk's management wants to use your money to grow the business. In return you get a share of Asuransi Bintang Tbk.

What can you expect buying and holding a share of Asuransi Bintang Tbk?

First you should know what it really means to hold a share of Asuransi Bintang Tbk. And how you can make/lose money.

Speculation

The Price per Share of Asuransi Bintang Tbk is Rp850.00. 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 Asuransi Bintang Tbk.
  • 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 Asuransi Bintang Tbk, 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 Rp1,059.39. Based on the TTM, the Book Value Change Per Share is Rp38.73 per quarter. Based on the YOY, the Book Value Change Per Share is Rp120.43 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 Rp5.70 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Asuransi Bintang Tbk.

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%0.010.0%0.010.0%0.010.0%
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%0.010.0%0.010.0%0.010.0%
Usd Price Per Share0.05-0.05-0.03-0.03-0.04-
Price to Earnings Ratio36.65-36.65-6.23-13.58-13.16-
Price-to-Total Gains Ratio12.15-12.15-2.24-6.46-9.93-
Price to Book Ratio0.51-0.51-0.29-0.37-0.77-
Price-to-Total Gains Ratio12.15-12.15-2.24-6.46-9.93-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.085
Number of shares11764
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (11764 shares)52.2778.73
Gains per Year (11764 shares)209.08314.92
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12718219940275305
25436540881549620
380547617121824935
410772982616110981250
5134911103520213731565
61611094124424216481880
71881276145328219222195
82151458166232321972510
92411640187136324712825
102681823208040327463140

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 Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.03.00.086.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.02.080.0%8.00.014.036.4%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.03.00.086.4%

Fundamentals of Asuransi Bintang Tbk

About Asuransi Bintang Tbk

PT Asuransi Bintang Tbk engages in the general and reinsurance insurance business in Indonesia. The company offers fire, vehicle, personal, accident, health, terrorism and sabotage, natural disaster, engineering, marine cargo, hull, and motor vehicle insurance products. The company was founded in 1955 and is headquartered in Jakarta, Indonesia.

Fundamental data was last updated by Penke on 2024-03-28 17:26:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Asuransi Bintang Tbk.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Asuransi Bintang Tbk earns for each Rp1 of revenue.

  • Above 10% is considered healthy but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • A Net Profit Margin of 2.1% means that Rp0.02 for each Rp1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Asuransi Bintang Tbk:

  • The MRQ is 2.1%. The company is making a profit. +1
  • The TTM is 2.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.1%TTM2.1%0.0%
TTM2.1%YOY6.8%-4.7%
TTM2.1%5Y5.1%-3.0%
5Y5.1%10Y7.2%-2.1%
1.1.2. Return on Assets

Shows how efficient Asuransi Bintang Tbk is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • 0.5% Return on Assets means that Asuransi Bintang Tbk generated Rp0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Asuransi Bintang Tbk:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.5%0.0%
TTM0.5%YOY1.7%-1.2%
TTM0.5%5Y1.5%-1.0%
5Y1.5%10Y2.5%-1.0%
1.1.3. Return on Equity

Shows how efficient Asuransi Bintang Tbk is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • 1.4% Return on Equity means Asuransi Bintang Tbk generated Rp0.01 for each Rp1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Asuransi Bintang Tbk:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY4.6%-3.2%
TTM1.4%5Y4.3%-2.9%
5Y4.3%10Y7.5%-3.3%

1.2. Operating Efficiency of Asuransi Bintang Tbk.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Asuransi Bintang Tbk is operating .

  • Measures how much profit Asuransi Bintang Tbk 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 Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • An Operating Margin of -2.9% means the company generated Rp-0.03  for each Rp1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Asuransi Bintang Tbk:

  • The MRQ is -2.9%. The company is operating very inefficient. -2
  • The TTM is -2.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2.9%TTM-2.9%0.0%
TTM-2.9%YOY-5.6%+2.7%
TTM-2.9%5Y-1.8%-1.2%
5Y-1.8%10Y0.0%-1.8%
1.2.2. Operating Ratio

Measures how efficient Asuransi Bintang Tbk is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Diversified industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are Rp0.00 for each Rp1 in net sales.

Let's take a look of the Operating Ratio trends of Asuransi Bintang Tbk:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.283-0.283
5Y0.28310Y0.561-0.278

1.3. Liquidity of Asuransi Bintang Tbk.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Asuransi Bintang Tbk is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Diversified industry mean).
  • A Current Ratio of 1.03 means the company has Rp1.03 in assets for each Rp1 in short-term debts.

Let's take a look of the Current Ratio trends of Asuransi Bintang Tbk:

  • The MRQ is 1.029. The company is just able to pay all its short-term debts.
  • The TTM is 1.029. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.029TTM1.0290.000
TTM1.029YOY1.021+0.008
TTM1.0295Y1.126-0.097
5Y1.12610Y0.964+0.162
1.3.2. Quick Ratio

Measures if Asuransi Bintang Tbk is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • A Quick Ratio of 0.17 means the company can pay off Rp0.17 for each Rp1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Asuransi Bintang Tbk:

  • The MRQ is 0.168. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.168. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.168TTM0.1680.000
TTM0.168YOY0.214-0.046
TTM0.1685Y0.300-0.132
5Y0.30010Y0.390-0.091

1.4. Solvency of Asuransi Bintang Tbk.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Asuransi Bintang Tbk assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Asuransi Bintang Tbk to Insurance - Diversified industry mean.
  • A Debt to Asset Ratio of 0.63 means that Asuransi Bintang Tbk assets are financed with 62.7% credit (debt) and the remaining percentage (100% - 62.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Asuransi Bintang Tbk:

  • The MRQ is 0.627. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.627. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.627TTM0.6270.000
TTM0.627YOY0.6280.000
TTM0.6275Y0.647-0.020
5Y0.64710Y0.658-0.011
1.4.2. Debt to Equity Ratio

Measures if Asuransi Bintang Tbk is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • A Debt to Equity ratio of 168.2% means that company has Rp1.68 debt for each Rp1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Asuransi Bintang Tbk:

  • The MRQ is 1.682. The company is just able to pay all its debts with equity.
  • The TTM is 1.682. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.682TTM1.6820.000
TTM1.682YOY1.685-0.003
TTM1.6825Y1.840-0.158
5Y1.84010Y1.937-0.098

2. Market Valuation of Asuransi Bintang Tbk

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 Asuransi Bintang Tbk generates.

  • Above 15 is considered overpriced but always compare Asuransi Bintang Tbk to the Insurance - Diversified industry mean.
  • A PE ratio of 36.65 means the investor is paying Rp36.65 for every Rp1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Asuransi Bintang Tbk:

  • The EOD is 57.696. Based on the earnings, the company is expensive. -2
  • The MRQ is 36.654. Based on the earnings, the company is overpriced. -1
  • The TTM is 36.654. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD57.696MRQ36.654+21.042
MRQ36.654TTM36.6540.000
TTM36.654YOY6.228+30.426
TTM36.6545Y13.581+23.073
5Y13.58110Y13.159+0.423
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Asuransi Bintang Tbk:

  • The EOD is -6.585. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.184. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.184. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.585MRQ-4.184-2.402
MRQ-4.184TTM-4.1840.000
TTM-4.184YOY-8.099+3.915
TTM-4.1845Y-3.288-0.895
5Y-3.28810Y1.629-4.918
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Asuransi Bintang Tbk is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Diversified industry mean).
  • A PB ratio of 0.51 means the investor is paying Rp0.51 for each Rp1 in book value.

Let's take a look of the Price to Book Ratio trends of Asuransi Bintang Tbk:

  • The EOD is 0.802. Based on the equity, the company is cheap. +2
  • The MRQ is 0.510. Based on the equity, the company is cheap. +2
  • The TTM is 0.510. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.802MRQ0.510+0.293
MRQ0.510TTM0.5100.000
TTM0.510YOY0.288+0.222
TTM0.5105Y0.372+0.138
5Y0.37210Y0.767-0.395
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Asuransi Bintang Tbk 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--38.73338.7330%120.429-68%58.355-34%71.863-46%
Book Value Per Share--1059.3911059.3910%1020.658+4%924.762+15%711.354+49%
Current Ratio--1.0291.0290%1.021+1%1.126-9%0.964+7%
Debt To Asset Ratio--0.6270.6270%0.6280%0.647-3%0.658-5%
Debt To Equity Ratio--1.6821.6820%1.6850%1.840-9%1.937-13%
Dividend Per Share--5.7005.7000%10.541-46%8.568-33%7.906-28%
Eps--14.73214.7320%47.203-69%38.560-62%44.124-67%
Free Cash Flow Per Share---129.073-129.0730%-36.301-72%-51.265-60%-32.965-74%
Free Cash Flow To Equity Per Share---135.861-135.8610%-47.791-65%-61.313-55%-44.449-67%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1018.894--------
Intrinsic Value_10Y_min---1511.424--------
Intrinsic Value_1Y_max---62.365--------
Intrinsic Value_1Y_min---86.652--------
Intrinsic Value_3Y_max---217.665--------
Intrinsic Value_3Y_min---318.024--------
Intrinsic Value_5Y_max---409.475--------
Intrinsic Value_5Y_min---610.827--------
Market Cap296128086400.000+36%188128693800.000188128693800.0000%102425622180.000+84%120820427796.000+56%148935124800.000+26%
Net Profit Margin--0.0210.0210%0.068-69%0.051-59%0.072-71%
Operating Margin---0.029-0.0290%-0.056+92%-0.018-40%0.000-7506%
Operating Ratio----0%-0%0.283-100%0.561-100%
Pb Ratio0.802+36%0.5100.5100%0.288+77%0.372+37%0.767-34%
Pe Ratio57.696+36%36.65436.6540%6.228+488%13.581+170%13.159+179%
Price Per Share850.000+36%540.000540.0000%294.000+84%346.800+56%427.500+26%
Price To Free Cash Flow Ratio-6.585-57%-4.184-4.1840%-8.099+94%-3.288-21%1.629-357%
Price To Total Gains Ratio19.130+36%12.15312.1530%2.245+441%6.458+88%9.931+22%
Quick Ratio--0.1680.1680%0.214-21%0.300-44%0.390-57%
Return On Assets--0.0050.0050%0.017-70%0.015-65%0.025-79%
Return On Equity--0.0140.0140%0.046-70%0.043-67%0.075-82%
Total Gains Per Share--44.43344.4330%130.971-66%66.924-34%79.769-44%
Usd Book Value--36907753.90036907753.9000%35558349.100+4%32217459.740+15%24782621.820+49%
Usd Book Value Change Per Share--0.0040.0040%0.012-68%0.006-34%0.007-46%
Usd Book Value Per Share--0.1060.1060%0.102+4%0.092+15%0.071+49%
Usd Dividend Per Share--0.0010.0010%0.001-46%0.001-33%0.001-28%
Usd Eps--0.0010.0010%0.005-69%0.004-62%0.004-67%
Usd Free Cash Flow---4496711.900-4496711.9000%-1264664.100-72%-1786015.400-60%-918773.180-80%
Usd Free Cash Flow Per Share---0.013-0.0130%-0.004-72%-0.005-60%-0.003-74%
Usd Free Cash Flow To Equity Per Share---0.014-0.0140%-0.005-65%-0.006-55%-0.004-67%
Usd Market Cap29612808.640+36%18812869.38018812869.3800%10242562.218+84%12082042.780+56%14893512.480+26%
Usd Price Per Share0.085+36%0.0540.0540%0.029+84%0.035+56%0.043+26%
Usd Profit--513254.000513254.0000%1644473.200-69%1343368.620-62%1537220.010-67%
Usd Revenue--24317299.30024317299.3000%24269777.200+0%26122576.040-7%22673526.700+7%
Usd Total Gains Per Share--0.0040.0040%0.013-66%0.007-34%0.008-44%
 EOD+5 -3MRQTTM+0 -0YOY+12 -225Y+11 -2410Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Asuransi Bintang Tbk based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1557.696
Price to Book Ratio (EOD)Between0-10.802
Net Profit Margin (MRQ)Greater than00.021
Operating Margin (MRQ)Greater than0-0.029
Quick Ratio (MRQ)Greater than10.168
Current Ratio (MRQ)Greater than11.029
Debt to Asset Ratio (MRQ)Less than10.627
Debt to Equity Ratio (MRQ)Less than11.682
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Asuransi Bintang Tbk based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.867
Ma 20Greater thanMa 50748.750
Ma 50Greater thanMa 100721.300
Ma 100Greater thanMa 200684.250
OpenGreater thanClose845.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Stockholders Equity  81,149,369187,83381,337,202-3,966,91577,370,28723,959,952101,330,239-102,070,945-740,706



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in IDR. All numbers in thousands.

Summary
Total Assets989,810,930
Total Liabilities620,733,391
Total Stockholder Equity369,077,539
 As reported
Total Liabilities 620,733,391
Total Stockholder Equity+ 369,077,539
Total Assets = 989,810,930

Assets

Total Assets989,810,930
Total Current Assets556,444,099
Long-term Assets0
Total Current Assets
Net Receivables 90,759,427
Other Current Assets 399,769,087
Total Current Assets  (as reported)556,444,099
Total Current Assets  (calculated)490,528,514
+/- 65,915,585
Long-term Assets
Property Plant Equipment 168,886,060
Intangible Assets 742,679
Long-term Assets  (as reported)0
Long-term Assets  (calculated)169,628,739
+/- 169,628,739

Liabilities & Shareholders' Equity

Total Current Liabilities540,845,980
Long-term Liabilities0
Total Stockholder Equity369,077,539
Total Current Liabilities
Accounts payable 365,835,981
Other Current Liabilities 143,006,926
Total Current Liabilities  (as reported)540,845,980
Total Current Liabilities  (calculated)508,842,907
+/- 32,003,073
Long-term Liabilities
Long term Debt Total 10,403,106
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)10,403,106
+/- 10,403,106
Total Stockholder Equity
Common Stock87,096,618
Retained Earnings 178,668,004
Capital Surplus 50,000
Total Stockholder Equity (as reported)369,077,539
Total Stockholder Equity (calculated)265,814,622
+/- 103,262,917
Other
Cash And Equivalents27,234,576
Common Stock Shares Outstanding 348,386
Liabilities and Stockholders Equity 989,810,930
Net Working Capital 15,598,119



Balance Sheet

Currency in IDR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
159,264,911
181,100,985
194,950,016
191,663,106
165,895,289
174,681,545
182,527,922
181,709,227
200,327,602
186,853,913
243,601,400
245,566,009
369,709,147
398,947,898
439,681,392
494,002,999
525,898,830
738,183,659
874,472,888
857,520,585
871,769,183
954,657,152
989,810,930
989,810,930954,657,152871,769,183857,520,585874,472,888738,183,659525,898,830494,002,999439,681,392398,947,898369,709,147245,566,009243,601,400186,853,913200,327,602181,709,227182,527,922174,681,545165,895,289191,663,106194,950,016181,100,985159,264,911
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
352,394,149
362,707,919
437,018,924
562,029,759
548,233,716
528,297,266
515,472,611
556,444,099
556,444,099515,472,611528,297,266548,233,716562,029,759437,018,924362,707,919352,394,149000000000000000
       Cash And Cash Equivalents 
6,438,474
2,597,448
3,260,736
3,263,970
2,325,341
26,840,552
45,507,562
19,926,411
5,177,920
4,485,878
3,652,892
4,687,260
14,011,479
6,419,705
11,760,509
6,983,516
20,921,179
21,799,624
23,975,854
25,446,117
26,810,850
19,190,886
0
019,190,88626,810,85025,446,11723,975,85421,799,62420,921,1796,983,51611,760,5096,419,70514,011,4794,687,2603,652,8924,485,8785,177,92019,926,41145,507,56226,840,5522,325,3413,263,9703,260,7362,597,4486,438,474
       Short-term Investments 
9,524,435
16,097,598
0
0
763,954
0
0
0
29,447,741
29,794,712
31,545,561
38,142,603
78,994,036
117,693,908
126,283,329
119,604,746
87,249,915
80,310,224
100,139,908
0
0
0
0
0000100,139,90880,310,22487,249,915119,604,746126,283,329117,693,90878,994,03638,142,60331,545,56129,794,71229,447,741000763,9540016,097,5989,524,435
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
123,129,665
123,911,881
147,994,769
145,906,674
145,815,708
122,086,297
107,884,382
90,759,427
90,759,427107,884,382122,086,297145,815,708145,906,674147,994,769123,911,881123,129,665000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
91,767,051
118,965,300
175,242,775
280,422,599
287,962,211
291,000,647
333,351,457
399,769,087
399,769,087333,351,457291,000,647287,962,211280,422,599175,242,775118,965,30091,767,051000000000000000
   > Long-term Assets 00000000000000000000000
       Property Plant Equipment 
48,795,440
49,222,031
35,011,016
36,702,594
34,660,015
32,461,982
30,701,826
30,499,569
28,604,818
27,685,504
28,090,159
25,892,701
24,181,008
34,057,036
32,490,332
32,214,535
32,790,469
114,005,987
123,308,301
127,895,603
125,064,327
155,679,201
168,886,060
168,886,060155,679,201125,064,327127,895,603123,308,301114,005,98732,790,46932,214,53532,490,33234,057,03624,181,00825,892,70128,090,15927,685,50428,604,81830,499,56930,701,82632,461,98234,660,01536,702,59435,011,01649,222,03148,795,440
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
53,642,759
63,821,811
96,089,409
97,825,070
0
0
0
0
000097,825,07096,089,40963,821,81153,642,759000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
2,941,602
1,871,928
1,597,015
734,423
471,518
229,609
1,122,766
4,002,155
2,888,074
1,914,136
891,342
207,838
52,800
742,679
742,67952,800207,838891,3421,914,1362,888,0744,002,1551,122,766229,609471,518734,4231,597,0151,871,9282,941,602000000000
> Total Liabilities 
92,405,569
111,905,048
118,539,568
112,116,320
88,140,972
100,186,673
95,841,876
108,129,462
120,170,060
99,593,531
151,964,749
144,079,059
250,993,279
270,903,986
302,061,257
333,324,940
352,278,240
470,757,160
593,239,916
566,169,091
558,141,692
599,073,661
620,733,391
620,733,391599,073,661558,141,692566,169,091593,239,916470,757,160352,278,240333,324,940302,061,257270,903,986250,993,279144,079,059151,964,74999,593,531120,170,060108,129,46295,841,876100,186,67388,140,972112,116,320118,539,568111,905,04892,405,569
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
260,439,471
259,143,455
347,346,240
468,079,890
456,975,591
447,494,064
504,716,121
540,845,980
540,845,980504,716,121447,494,064456,975,591468,079,890347,346,240259,143,455260,439,471000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
540,000
540,000
0
0
0
0
0
0
000000540,000540,000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
540,000
540,000
0
0
0
0
0
0
000000540,000540,000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
114,305,124
121,584,527
171,311,557
290,576,149
286,879,002
285,756,018
320,902,091
365,835,981
365,835,981320,902,091285,756,018286,879,002290,576,149171,311,557121,584,527114,305,124000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
131,722,369
123,410,640
123,467,803
143,989,571
158,490,886
142,322,565
164,479,322
143,006,926
143,006,926164,479,322142,322,565158,490,886143,989,571123,467,803123,410,640131,722,369000000000000000
   > Long-term Liabilities 00000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,017,472
6,879,475
10,087,696
11,869,563
6,682,080
10,823,490
11,904,562
10,403,106
10,403,10611,904,56210,823,4906,682,08011,869,56310,087,6966,879,47512,017,472000000000000000
> Total Stockholder Equity
66,859,342
69,195,937
76,410,448
79,546,786
77,729,317
74,469,877
86,660,967
73,554,589
80,132,254
87,234,987
91,611,058
101,461,138
118,689,883
128,017,661
137,593,565
160,678,059
173,620,590
267,426,499
281,232,972
291,351,494
313,627,491
355,583,491
369,077,539
369,077,539355,583,491313,627,491291,351,494281,232,972267,426,499173,620,590160,678,059137,593,565128,017,661118,689,883101,461,13891,611,05887,234,98780,132,25473,554,58986,660,96774,469,87777,729,31779,546,78676,410,44869,195,93766,859,342
   Common Stock
40,249,997
40,249,997
40,249,997
40,249,997
40,249,997
40,249,997
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,618
87,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61887,096,61840,249,99740,249,99740,249,99740,249,99740,249,99740,249,997
   Retained Earnings 
28,915,900
31,400,350
38,788,863
40,716,572
38,615,257
40,042,676
5,484,512
0
0
2,461,119
5,137,698
14,256,698
29,851,135
45,069,361
50,337,440
74,632,455
87,421,595
95,370,975
112,936,985
122,867,674
149,110,586
167,106,634
178,668,004
178,668,004167,106,634149,110,586122,867,674112,936,98595,370,97587,421,59574,632,45550,337,44045,069,36129,851,13514,256,6985,137,6982,461,119005,484,51240,042,67638,615,25740,716,57238,788,86331,400,35028,915,900
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,00050,00050,00050,00050,00050,00050,00050,000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,101,014
-947,623
84,908,906
81,149,369
81,337,202
77,370,287
101,330,239
-740,706
-740,706101,330,23977,370,28781,337,20281,149,36984,908,906-947,623-1,101,014000000000000000



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, 2022-12-31)

Gross Profit (+$)
totalRevenue243,172,993
Cost of Revenue-0
Gross Profit0243,172,993
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income5,978,0200
 
Operating Expense (+$)
Research Development0
Selling General Administrative123,494,269
Selling And Marketing Expenses0
Operating Expense0123,494,269
 
Net Interest Income (+$)
Interest Income0
Interest Expense-47,615
Other Finance Cost-47,615
Net Interest Income0
 
Pretax Income (+$)
Operating Income5,978,020
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,978,0205,978,020
EBIT - interestExpense = -7,212,039
6,005,979
5,180,155
Interest Expense47,615
Earnings Before Interest and Taxes (EBIT)-7,164,4246,025,635
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,978,020
Tax Provision-830,400
Net Income From Continuing Ops05,147,620
Net Income5,132,540
Net Income Applicable To Common Shares5,132,540
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Asuransi Bintang Tbk
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 Asuransi Bintang Tbk. The general trend of Asuransi Bintang Tbk is BULLISH with 100.0% 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 Asuransi Bintang Tbk'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 (100.0%) Bearish trend (-100.0%)
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 Asuransi Bintang Tbk.

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: .

The bearish price targets are: 745.00 > 745.00 > 720.00.

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Asuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above 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 above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above 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

Asuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current macd is 29.47.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Asuransi Bintang Tbk price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Asuransi Bintang Tbk. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Asuransi Bintang Tbk price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Asuransi Bintang Tbk Daily Moving Average Convergence/Divergence (MACD) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current adx is 43.37.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Asuransi Bintang Tbk shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Asuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current sar is 935.00.

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
Asuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current rsi is 68.87. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Asuransi Bintang Tbk Daily Relative Strength Index (RSI) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +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 Asuransi Bintang Tbk price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Asuransi Bintang Tbk Daily Stochastic Oscillator ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current cci is 208.54.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Asuransi Bintang Tbk Daily Commodity Channel Index (CCI) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current cmo is 44.17.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Asuransi Bintang Tbk Daily Chande Momentum Oscillator (CMO) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current willr is -39.53488372.

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 Asuransi Bintang Tbk is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Asuransi Bintang Tbk Daily Williams %R ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk.

Asuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current atr is 50.06.

Asuransi Bintang Tbk Daily Average True Range (ATR) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current obv is 5,798,500.

Asuransi Bintang Tbk Daily On-Balance Volume (OBV) ChartAsuransi Bintang Tbk 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 Asuransi Bintang Tbk. The current mfi is 90.38.

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

  • MFI > 50: +1
  • MFI > 80: +1
Asuransi Bintang Tbk Daily Money Flow Index (MFI) ChartAsuransi Bintang Tbk Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Asuransi Bintang Tbk.

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
2023-11-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13MACD 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
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18MACD 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
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-21MACD 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).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH 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
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22STOCH 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).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08CCI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH 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).
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-22MACD 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
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).
2024-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Asuransi Bintang Tbk Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Asuransi Bintang Tbk based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.867
Ma 20Greater thanMa 50748.750
Ma 50Greater thanMa 100721.300
Ma 100Greater thanMa 200684.250
OpenGreater thanClose845.000
Total4/5 (80.0%)
Penke

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