Bank Pembangunan (Indonesia) Market Value
| BEKS Stock | IDR 34.00 1.00 2.86% |
| Symbol | Bank |
Bank Pembangunan '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 Pembangunan'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 Pembangunan.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Bank Pembangunan on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Pembangunan Daerah or generate 0.0% return on investment in Bank Pembangunan over 30 days. Bank Pembangunan is related to or competes with Maskapai Reasuransi, Paninvest Tbk, Bank Mayapada, and Asuransi Dayin. Bank Pembangunan Daerah Banten, Tbk provides various banking services in Indonesia More
Bank Pembangunan 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 Pembangunan'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 Pembangunan Daerah upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.35 | |||
| Information Ratio | 0.1153 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (8.51) | |||
| Potential Upside | 9.09 |
Bank Pembangunan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Pembangunan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Pembangunan's standard deviation. In reality, there are many statistical measures that can use Bank Pembangunan historical prices to predict the future Bank Pembangunan's volatility.| Risk Adjusted Performance | 0.1089 | |||
| Jensen Alpha | 0.7744 | |||
| Total Risk Alpha | 0.0958 | |||
| Sortino Ratio | 0.0975 | |||
| Treynor Ratio | (0.86) |
Bank Pembangunan Daerah Backtested Returns
Bank Pembangunan appears to be not too volatile, given 3 months investment horizon. Bank Pembangunan Daerah secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Bank Pembangunan's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of Bank Pembangunan's Downside Deviation of 6.35, mean deviation of 4.2, and Risk Adjusted Performance of 0.1089 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Pembangunan holds a performance score of 11. The firm shows a Beta (market volatility) of -0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bank Pembangunan are expected to decrease at a much lower rate. During the bear market, Bank Pembangunan is likely to outperform the market. Please check Bank Pembangunan's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bank Pembangunan's price patterns will revert.
Auto-correlation | 0.75 |
Good predictability
Bank Pembangunan Daerah has good predictability. Overlapping area represents the amount of predictability between Bank Pembangunan time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Pembangunan Daerah price movement. The serial correlation of 0.75 indicates that around 75.0% of current Bank Pembangunan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 |
Bank Pembangunan Daerah lagged returns against current returns
Autocorrelation, which is Bank Pembangunan 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 Pembangunan's stock expected returns. We can calculate the autocorrelation of Bank Pembangunan returns to help us make a trade decision. For example, suppose you find that Bank Pembangunan 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 Pembangunan 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 Pembangunan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Pembangunan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Pembangunan stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Pembangunan Lagged Returns
When evaluating Bank Pembangunan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Pembangunan stock have on its future price. Bank Pembangunan 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 Pembangunan autocorrelation shows the relationship between Bank Pembangunan stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Pembangunan Daerah.
Regressed Prices |
| Timeline |
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Bank Pembangunan 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 Pembangunan security.