Bank Maybank (Indonesia) Market Value
| BNII Stock | IDR 216.00 2.00 0.92% |
| Symbol | Bank |
Bank Maybank '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 Maybank'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 Maybank.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bank Maybank on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Maybank Indonesia or generate 0.0% return on investment in Bank Maybank over 30 days. Bank Maybank is related to or competes with Bank Cimb, Bank Danamon, Bank Pan, Bank Permata, and Bakrie Brothers. More
Bank Maybank 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 Maybank'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 Maybank Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 5.25 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.83 |
Bank Maybank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Maybank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Maybank's standard deviation. In reality, there are many statistical measures that can use Bank Maybank historical prices to predict the future Bank Maybank's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.67) |
Bank Maybank Indonesia Backtested Returns
Bank Maybank Indonesia secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Bank Maybank Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Maybank's Standard Deviation of 1.08, risk adjusted performance of (0.07), and Mean Deviation of 0.8086 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Maybank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Maybank is expected to be smaller as well. At this point, Bank Maybank Indonesia has a negative expected return of -0.15%. Please make sure to confirm Bank Maybank'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 Maybank Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Bank Maybank Indonesia has weak reverse predictability. Overlapping area represents the amount of predictability between Bank Maybank time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Maybank Indonesia price movement. The serial correlation of -0.24 indicates that over 24.0% of current Bank Maybank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
Bank Maybank Indonesia lagged returns against current returns
Autocorrelation, which is Bank Maybank 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 Maybank's stock expected returns. We can calculate the autocorrelation of Bank Maybank returns to help us make a trade decision. For example, suppose you find that Bank Maybank 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 Maybank 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 Maybank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Maybank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Maybank stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Maybank Lagged Returns
When evaluating Bank Maybank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Maybank stock have on its future price. Bank Maybank 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 Maybank autocorrelation shows the relationship between Bank Maybank stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Maybank Indonesia.
Regressed Prices |
| Timeline |
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Bank Maybank 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 Maybank security.