Bk Harda (Indonesia) Market Value
| BBHI Stock | IDR 895.00 5.00 0.56% |
| Symbol | BBHI |
Bk Harda 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bk Harda's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bk Harda.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bk Harda on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Bk Harda Internasional or generate 0.0% return on investment in Bk Harda over 30 days. Bk Harda is related to or competes with Bank Artos, Bank Yudha, Bank Ganesha, Bank Rakyat, and Bank Mnc. PT Bank Harda Internasional Tbk provides various banking products and services in Indonesia More
Bk Harda Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bk Harda's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bk Harda Internasional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 18.28 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 4.44 |
Bk Harda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bk Harda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bk Harda's standard deviation. In reality, there are many statistical measures that can use Bk Harda historical prices to predict the future Bk Harda's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (1.02) |
Bk Harda Internasional Backtested Returns
Bk Harda Internasional retains Efficiency (Sharpe Ratio) of -0.0606, which signifies that the company had a -0.0606% return per unit of price deviation over the last 3 months. Bk Harda exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bk Harda's Information Ratio of (0.12), market risk adjusted performance of (1.01), and Variance of 7.15 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bk Harda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bk Harda is expected to be smaller as well. At this point, Bk Harda Internasional has a negative expected return of -0.16%. Please make sure to confirm Bk Harda's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Bk Harda Internasional performance from the past will be repeated at some future date.
Auto-correlation | -0.22 |
Weak reverse predictability
Bk Harda Internasional has weak reverse predictability. Overlapping area represents the amount of predictability between Bk Harda time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bk Harda Internasional price movement. The serial correlation of -0.22 indicates that over 22.0% of current Bk Harda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 661.16 |
Bk Harda Internasional lagged returns against current returns
Autocorrelation, which is Bk Harda stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bk Harda's stock expected returns. We can calculate the autocorrelation of Bk Harda returns to help us make a trade decision. For example, suppose you find that Bk Harda has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bk Harda regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bk Harda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bk Harda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bk Harda stock over time.
Current vs Lagged Prices |
| Timeline |
Bk Harda Lagged Returns
When evaluating Bk Harda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bk Harda stock have on its future price. Bk Harda autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bk Harda autocorrelation shows the relationship between Bk Harda stock current value and its past values and can show if there is a momentum factor associated with investing in Bk Harda Internasional.
Regressed Prices |
| Timeline |
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Bk Harda financial ratios help investors to determine whether BBHI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BBHI with respect to the benefits of owning Bk Harda security.