Bank Mestika (Indonesia) Market Value
| BBMD Stock | IDR 2,050 20.00 0.99% |
| Symbol | Bank |
Bank Mestika '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 Bank Mestika'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 Bank Mestika.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bank Mestika on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Mestika Dharma or generate 0.0% return on investment in Bank Mestika over 30 days. Bank Mestika is related to or competes with Bank Maspion, Bank Sinarmas, Bank Ina, Bank Bumi, and Bank Qnb. PT Bank Mestika Dharma, Tbk. provides banking products and services in Indonesia More
Bank Mestika 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 Bank Mestika'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 Bank Mestika Dharma upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.07 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.44 |
Bank Mestika Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Mestika's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Mestika's standard deviation. In reality, there are many statistical measures that can use Bank Mestika historical prices to predict the future Bank Mestika's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.131 |
Bank Mestika Dharma Backtested Returns
As of now, Bank Stock is very steady. Bank Mestika Dharma secures Sharpe Ratio (or Efficiency) of 0.0073, which signifies that the company had a 0.0073% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank Mestika Dharma, which you can use to evaluate the volatility of the firm. Please confirm Bank Mestika's Mean Deviation of 0.8544, downside deviation of 1.73, and Risk Adjusted Performance of 0.0145 to double-check if the risk estimate we provide is consistent with the expected return of 0.0111%. The firm shows a Beta (market volatility) of 0.0693, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Mestika's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Mestika is expected to be smaller as well. Bank Mestika Dharma right now shows a risk of 1.52%. Please confirm Bank Mestika Dharma total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Bank Mestika Dharma will be following its price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Bank Mestika Dharma has poor reverse predictability. Overlapping area represents the amount of predictability between Bank Mestika time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Bank Mestika Dharma price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Bank Mestika price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1383.47 |
Bank Mestika Dharma lagged returns against current returns
Autocorrelation, which is Bank Mestika 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 Bank Mestika's stock expected returns. We can calculate the autocorrelation of Bank Mestika returns to help us make a trade decision. For example, suppose you find that Bank Mestika 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 |
Bank Mestika 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 Bank Mestika stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Mestika stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Mestika stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Mestika Lagged Returns
When evaluating Bank Mestika's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Mestika stock have on its future price. Bank Mestika 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, Bank Mestika autocorrelation shows the relationship between Bank Mestika stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Mestika Dharma.
Regressed Prices |
| Timeline |
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Bank Mestika financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Mestika security.