Bekasi Fajar (Indonesia) Market Value
| BEST Stock | IDR 105.00 2.00 1.87% |
| Symbol | Bekasi |
Bekasi Fajar '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 Bekasi Fajar'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 Bekasi Fajar.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bekasi Fajar on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Bekasi Fajar Industrial or generate 0.0% return on investment in Bekasi Fajar over 30 days. Bekasi Fajar is related to or competes with Ciputra Development, Bumi Serpong, Alam Sutera, Lippo Karawaci, and Pakuwon Jati. PT Bekasi Fajar Industrial Estate Tbk develops, constructs, and manages industrial estates and properties in Indonesia More
Bekasi Fajar 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 Bekasi Fajar'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 Bekasi Fajar Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.02 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.77 |
Bekasi Fajar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bekasi Fajar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bekasi Fajar's standard deviation. In reality, there are many statistical measures that can use Bekasi Fajar historical prices to predict the future Bekasi Fajar's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.2252 |
Bekasi Fajar Industrial Backtested Returns
Bekasi Fajar Industrial secures Sharpe Ratio (or Efficiency) of -0.095, which signifies that the company had a -0.095% return per unit of risk over the last 3 months. Bekasi Fajar Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bekasi Fajar's Standard Deviation of 2.15, mean deviation of 1.72, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bekasi Fajar are expected to decrease at a much lower rate. During the bear market, Bekasi Fajar is likely to outperform the market. At this point, Bekasi Fajar Industrial has a negative expected return of -0.2%. Please make sure to confirm Bekasi Fajar's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Bekasi Fajar Industrial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Bekasi Fajar Industrial has modest predictability. Overlapping area represents the amount of predictability between Bekasi Fajar 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 Bekasi Fajar Industrial price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Bekasi Fajar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 5.14 |
Bekasi Fajar Industrial lagged returns against current returns
Autocorrelation, which is Bekasi Fajar 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 Bekasi Fajar's stock expected returns. We can calculate the autocorrelation of Bekasi Fajar returns to help us make a trade decision. For example, suppose you find that Bekasi Fajar 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 |
Bekasi Fajar 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 Bekasi Fajar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bekasi Fajar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bekasi Fajar stock over time.
Current vs Lagged Prices |
| Timeline |
Bekasi Fajar Lagged Returns
When evaluating Bekasi Fajar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bekasi Fajar stock have on its future price. Bekasi Fajar 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, Bekasi Fajar autocorrelation shows the relationship between Bekasi Fajar stock current value and its past values and can show if there is a momentum factor associated with investing in Bekasi Fajar Industrial.
Regressed Prices |
| Timeline |
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Bekasi Fajar financial ratios help investors to determine whether Bekasi 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 Bekasi with respect to the benefits of owning Bekasi Fajar security.