Bumi Teknokultura (Indonesia) Market Value
| BTEK Stock | IDR 3.00 1.00 25.00% |
| Symbol | Bumi |
Bumi Teknokultura '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 Teknokultura'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 Bumi Teknokultura.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Bumi Teknokultura on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bumi Teknokultura Unggul or generate 0.0% return on investment in Bumi Teknokultura over 180 days. Bumi Teknokultura is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Bumi Teknokultura 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 Teknokultura'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 Bumi Teknokultura Unggul upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.94 | |||
| Information Ratio | 0.0553 | |||
| Maximum Drawdown | 75.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Bumi Teknokultura Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bumi Teknokultura's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bumi Teknokultura's standard deviation. In reality, there are many statistical measures that can use Bumi Teknokultura historical prices to predict the future Bumi Teknokultura's volatility.| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 0.9593 | |||
| Total Risk Alpha | (1.74) | |||
| Sortino Ratio | 0.0373 | |||
| Treynor Ratio | 0.8141 |
Bumi Teknokultura Unggul Backtested Returns
Bumi Teknokultura is abnormally volatile given 3 months investment horizon. Bumi Teknokultura Unggul secures Sharpe Ratio (or Efficiency) of 0.0629, which signifies that the company had a 0.0629% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Bumi Teknokultura Mean Deviation of 11.24, downside deviation of 26.94, and Risk Adjusted Performance of 0.0575 to evaluate company specific risk that cannot be diversified away. Bumi Teknokultura holds a performance score of 4 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.38, 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 Teknokultura will likely underperform. Use Bumi Teknokultura coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to analyze future returns on Bumi Teknokultura.
Auto-correlation | -0.38 |
Poor reverse predictability
Bumi Teknokultura Unggul has poor reverse predictability. Overlapping area represents the amount of predictability between Bumi Teknokultura time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th 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 Teknokultura Unggul price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Bumi Teknokultura price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Bumi Teknokultura Unggul lagged returns against current returns
Autocorrelation, which is Bumi Teknokultura 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 Teknokultura's stock expected returns. We can calculate the autocorrelation of Bumi Teknokultura returns to help us make a trade decision. For example, suppose you find that Bumi Teknokultura 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 Teknokultura 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 Teknokultura stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bumi Teknokultura stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bumi Teknokultura stock over time.
Current vs Lagged Prices |
| Timeline |
Bumi Teknokultura Lagged Returns
When evaluating Bumi Teknokultura's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bumi Teknokultura stock have on its future price. Bumi Teknokultura 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 Teknokultura autocorrelation shows the relationship between Bumi Teknokultura stock current value and its past values and can show if there is a momentum factor associated with investing in Bumi Teknokultura Unggul.
Regressed Prices |
| Timeline |
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Bumi Teknokultura 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 Teknokultura security.