Batavia Prosperindo (Indonesia) Market Value
| BPFI Stock | IDR 304.00 10.00 3.18% |
| Symbol | Batavia |
Batavia Prosperindo '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 Batavia Prosperindo'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 Batavia Prosperindo.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Batavia Prosperindo on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Batavia Prosperindo Finance or generate 0.0% return on investment in Batavia Prosperindo over 660 days. Batavia Prosperindo is related to or competes with Buana Finance, Clipan Finance, Asuransi Bintang, Bank Bumi, and Asuransi Harta. More
Batavia Prosperindo 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 Batavia Prosperindo'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 Batavia Prosperindo Finance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.92 |
Batavia Prosperindo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Batavia Prosperindo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Batavia Prosperindo's standard deviation. In reality, there are many statistical measures that can use Batavia Prosperindo historical prices to predict the future Batavia Prosperindo's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 1.11 |
Batavia Prosperindo Backtested Returns
Batavia Prosperindo secures Sharpe Ratio (or Efficiency) of -0.0197, which signifies that the company had a -0.0197% return per unit of risk over the last 3 months. Batavia Prosperindo Finance exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Batavia Prosperindo's Standard Deviation of 1.19, mean deviation of 0.8527, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0639, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Batavia Prosperindo are expected to decrease at a much lower rate. During the bear market, Batavia Prosperindo is likely to outperform the market. At this point, Batavia Prosperindo has a negative expected return of -0.0235%. Please make sure to confirm Batavia Prosperindo's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Batavia Prosperindo performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Batavia Prosperindo Finance has very weak reverse predictability. Overlapping area represents the amount of predictability between Batavia Prosperindo time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Batavia Prosperindo price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Batavia Prosperindo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 748.25 |
Batavia Prosperindo lagged returns against current returns
Autocorrelation, which is Batavia Prosperindo 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 Batavia Prosperindo's stock expected returns. We can calculate the autocorrelation of Batavia Prosperindo returns to help us make a trade decision. For example, suppose you find that Batavia Prosperindo 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 |
Batavia Prosperindo 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 Batavia Prosperindo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Batavia Prosperindo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Batavia Prosperindo stock over time.
Current vs Lagged Prices |
| Timeline |
Batavia Prosperindo Lagged Returns
When evaluating Batavia Prosperindo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Batavia Prosperindo stock have on its future price. Batavia Prosperindo 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, Batavia Prosperindo autocorrelation shows the relationship between Batavia Prosperindo stock current value and its past values and can show if there is a momentum factor associated with investing in Batavia Prosperindo Finance.
Regressed Prices |
| Timeline |
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Batavia Prosperindo financial ratios help investors to determine whether Batavia 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 Batavia with respect to the benefits of owning Batavia Prosperindo security.