Bank Jabar (Indonesia) Market Value
| BJBR Stock | IDR 955.00 5.00 0.52% |
| Symbol | Bank |
Bank Jabar '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 Jabar'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 Jabar.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bank Jabar on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Jabar or generate 0.0% return on investment in Bank Jabar over 30 days. Bank Jabar is related to or competes with Bank Pembangunan, Bank Tabungan, Bank Danamon, Bumi Serpong, and Bank Bukopin. PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk provides banking products and services to individual and corporate ... More
Bank Jabar 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 Jabar'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 Jabar upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 3.1 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.02 |
Bank Jabar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Jabar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Jabar's standard deviation. In reality, there are many statistical measures that can use Bank Jabar historical prices to predict the future Bank Jabar's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.9535 |
Bank Jabar Backtested Returns
Bank Jabar secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Bank Jabar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Jabar's Standard Deviation of 0.6113, mean deviation of 0.4754, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0817, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Jabar are expected to decrease at a much lower rate. During the bear market, Bank Jabar is likely to outperform the market. At this point, Bank Jabar has a negative expected return of -0.0711%. Please make sure to confirm Bank Jabar's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bank Jabar performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Bank Jabar has poor reverse predictability. Overlapping area represents the amount of predictability between Bank Jabar 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 Jabar price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Bank Jabar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 36.78 |
Bank Jabar lagged returns against current returns
Autocorrelation, which is Bank Jabar 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 Jabar's stock expected returns. We can calculate the autocorrelation of Bank Jabar returns to help us make a trade decision. For example, suppose you find that Bank Jabar 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 Jabar 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 Jabar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Jabar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Jabar stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Jabar Lagged Returns
When evaluating Bank Jabar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Jabar stock have on its future price. Bank Jabar 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 Jabar autocorrelation shows the relationship between Bank Jabar stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Jabar.
Regressed Prices |
| Timeline |
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Bank Jabar 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 Jabar security.