Bumi Resources (Indonesia) Market Value

BRMS Stock  IDR 442.00  8.00  1.84%   
Bumi Resources' market value is the price at which a share of Bumi Resources trades on a public exchange. It measures the collective expectations of Bumi Resources Minerals investors about its performance. Bumi Resources is selling for 442.00 as of the 25th of November 2024. This is a 1.84 percent up since the beginning of the trading day. The stock's last reported lowest price was 440.0.
With this module, you can estimate the performance of a buy and hold strategy of Bumi Resources Minerals and determine expected loss or profit from investing in Bumi Resources over a given investment horizon. Check out Bumi Resources Correlation, Bumi Resources Volatility and Bumi Resources Alpha and Beta module to complement your research on Bumi Resources.
Symbol

Please note, there is a significant difference between Bumi Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bumi Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bumi Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Bumi Resources '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 Bumi Resources' 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 Bumi Resources.
0.00
12/06/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/25/2024
0.00
If you would invest  0.00  in Bumi Resources on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Bumi Resources Minerals or generate 0.0% return on investment in Bumi Resources over 720 days. Bumi Resources is related to or competes with Energi Mega, Harum Energy, Delta Dunia, Benakat Petroleum, and Bumi Resources. More

Bumi Resources 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 Bumi Resources' 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 Bumi Resources Minerals upside and downside potential and time the market with a certain degree of confidence.

Bumi Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bumi Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bumi Resources' standard deviation. In reality, there are many statistical measures that can use Bumi Resources historical prices to predict the future Bumi Resources' volatility.
Hype
Prediction
LowEstimatedHigh
436.40442.00447.60
Details
Intrinsic
Valuation
LowRealHigh
339.16344.76486.20
Details
Naive
Forecast
LowNextHigh
419.50425.11430.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
396.79442.33487.88
Details

Bumi Resources Minerals Backtested Returns

Bumi Resources is very steady given 3 months investment horizon. Bumi Resources Minerals secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of risk over the last 3 months. We were able to collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use Bumi Resources Downside Deviation of 4.08, risk adjusted performance of 0.25, and Mean Deviation of 4.16 to evaluate company specific risk that cannot be diversified away. Bumi Resources holds a performance score of 24 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.96, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bumi Resources will likely underperform. Use Bumi Resources jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Bumi Resources.

Auto-correlation

    
  0.36  

Below average predictability

Bumi Resources Minerals has below average predictability. Overlapping area represents the amount of predictability between Bumi Resources time series from 6th of December 2022 to 1st of December 2023 and 1st 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 Bumi Resources Minerals price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Bumi Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.18
Residual Average0.0
Price Variance7023.38

Bumi Resources Minerals lagged returns against current returns

Autocorrelation, which is Bumi Resources 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 Bumi Resources' stock expected returns. We can calculate the autocorrelation of Bumi Resources returns to help us make a trade decision. For example, suppose you find that Bumi Resources 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  

Bumi Resources 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 Bumi Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bumi Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bumi Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

Bumi Resources Lagged Returns

When evaluating Bumi Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bumi Resources stock have on its future price. Bumi Resources 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, Bumi Resources autocorrelation shows the relationship between Bumi Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Bumi Resources Minerals.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Bumi Stock

Bumi Resources financial ratios help investors to determine whether Bumi 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 Bumi with respect to the benefits of owning Bumi Resources security.