Bank Ina (Indonesia) Market Value
| BINA Stock | IDR 4,100 10.00 0.24% |
| Symbol | Bank |
Bank Ina '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 Ina'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 Ina.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bank Ina on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Ina Perdana or generate 0.0% return on investment in Bank Ina over 30 days. Bank Ina is related to or competes with Bk Harda, Bank Yudha, Bank Sinarmas, Bank Maspion, and Bank Bumi. PT Bank Ina Perdana Tbk provides various banking products and services in Indonesia More
Bank Ina 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 Ina'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 Ina Perdana upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.34 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 2.23 |
Bank Ina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ina's standard deviation. In reality, there are many statistical measures that can use Bank Ina historical prices to predict the future Bank Ina's volatility.| Risk Adjusted Performance | 0.0228 | |||
| Jensen Alpha | 0.0294 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.19) |
Bank Ina Perdana Backtested Returns
As of now, Bank Stock is very steady. Bank Ina Perdana secures Sharpe Ratio (or Efficiency) of 0.0348, which signifies that the company had a 0.0348% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Ina Perdana, which you can use to evaluate the volatility of the firm. Please confirm Bank Ina's Risk Adjusted Performance of 0.0228, downside deviation of 1.06, and Mean Deviation of 0.6573 to double-check if the risk estimate we provide is consistent with the expected return of 0.0367%. Bank Ina has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0944, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Ina are expected to decrease at a much lower rate. During the bear market, Bank Ina is likely to outperform the market. Bank Ina Perdana right now shows a risk of 1.06%. Please confirm Bank Ina Perdana standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Bank Ina Perdana will be following its price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
Bank Ina Perdana has insignificant predictability. Overlapping area represents the amount of predictability between Bank Ina time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Ina Perdana price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Bank Ina price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 14.88 |
Bank Ina Perdana lagged returns against current returns
Autocorrelation, which is Bank Ina 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 Ina's stock expected returns. We can calculate the autocorrelation of Bank Ina returns to help us make a trade decision. For example, suppose you find that Bank Ina 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 Ina 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 Ina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ina stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Ina Lagged Returns
When evaluating Bank Ina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ina stock have on its future price. Bank Ina 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 Ina autocorrelation shows the relationship between Bank Ina stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ina Perdana.
Regressed Prices |
| Timeline |
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Bank Ina 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 Ina security.