It is indeed !
Some values could be higher though (str 20, all res 11 especially) but it's a 4 to 5 point ring with great and very useful features for someone both casting and physical (paladin ?).
The typical range is something between Ohm and Ber, I think, for such rings - let's wait for someone more knowledgeable about high value stuff.
Can do trades on D2R or D2RotW
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Adrenalyne, 
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