Bank Rakyat Stock Market Value
| BKRKY Stock | USD 13.77 0.18 1.29% |
| Symbol | Bank |
Bank Rakyat '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 Rakyat's pink sheet 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 Rakyat.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bank Rakyat on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Rakyat or generate 0.0% return on investment in Bank Rakyat over 30 days. Bank Rakyat is related to or competes with PSB Holdings, and United Overseas. PT Bank Rakyat Indonesia Tbk provides various banking products and services in Indonesia, Singapore, Timor Leste, Hong K... More
Bank Rakyat 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 Rakyat's pink sheet 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 Rakyat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.91 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.68 |
Bank Rakyat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Rakyat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Rakyat's standard deviation. In reality, there are many statistical measures that can use Bank Rakyat historical prices to predict the future Bank Rakyat's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.48 |
Bank Rakyat Backtested Returns
Bank Rakyat 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. Bank Rakyat exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Rakyat's Risk Adjusted Performance of (0.09), mean deviation of 1.43, and Standard Deviation of 1.77 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0935, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Rakyat are expected to decrease at a much lower rate. During the bear market, Bank Rakyat is likely to outperform the market. At this point, Bank Rakyat has a negative expected return of -0.25%. Please make sure to confirm Bank Rakyat's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Bank Rakyat performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Bank Rakyat has virtually no predictability. Overlapping area represents the amount of predictability between Bank Rakyat 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 Rakyat price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Bank Rakyat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Bank Rakyat lagged returns against current returns
Autocorrelation, which is Bank Rakyat pink sheet'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 Rakyat's pink sheet expected returns. We can calculate the autocorrelation of Bank Rakyat returns to help us make a trade decision. For example, suppose you find that Bank Rakyat has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Rakyat 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 Rakyat pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Rakyat pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Rakyat pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Rakyat Lagged Returns
When evaluating Bank Rakyat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Rakyat pink sheet have on its future price. Bank Rakyat 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 Rakyat autocorrelation shows the relationship between Bank Rakyat pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Rakyat.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bank Pink Sheet Analysis
When running Bank Rakyat's price analysis, check to measure Bank Rakyat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Rakyat is operating at the current time. Most of Bank Rakyat's value examination focuses on studying past and present price action to predict the probability of Bank Rakyat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Rakyat's price. Additionally, you may evaluate how the addition of Bank Rakyat to your portfolios can decrease your overall portfolio volatility.