PT Bukalapak (Indonesia) Market Value
| BUKA Stock | 121.00 1.00 0.82% |
| Symbol | BUKA |
PT Bukalapak '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 PT Bukalapak'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 PT Bukalapak.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in PT Bukalapak on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding PT Bukalapak or generate 0.0% return on investment in PT Bukalapak over 90 days. PT Bukalapak is related to or competes with Elang Mahkota, Integra Indocabinet, Pudjiadi Sons, Darma Henwa, Red Planet, and Bakrie Brothers. More
PT Bukalapak 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 PT Bukalapak'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 PT Bukalapak upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.41 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 5.22 |
PT Bukalapak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Bukalapak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Bukalapak's standard deviation. In reality, there are many statistical measures that can use PT Bukalapak historical prices to predict the future PT Bukalapak's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | 0.1016 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.52) |
PT Bukalapak Backtested Returns
As of now, BUKA Stock is very steady. PT Bukalapak retains Efficiency (Sharpe Ratio) of 0.0276, which implies the firm had a 0.0276% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for PT Bukalapak, which you can use to evaluate the volatility of the company. Please check PT Bukalapak's standard deviation of 3.87, and Market Risk Adjusted Performance of (0.51) to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. PT Bukalapak has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Bukalapak are expected to decrease at a much lower rate. During the bear market, PT Bukalapak is likely to outperform the market. PT Bukalapak at this moment owns a risk of 3.94%. Please check PT Bukalapak market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if PT Bukalapak will be following its current price history.
Auto-correlation | -0.39 |
Poor reverse predictability
PT Bukalapak has poor reverse predictability. Overlapping area represents the amount of predictability between PT Bukalapak time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 PT Bukalapak price movement. The serial correlation of -0.39 indicates that just about 39.0% of current PT Bukalapak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 47.04 |
PT Bukalapak lagged returns against current returns
Autocorrelation, which is PT Bukalapak 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 PT Bukalapak's stock expected returns. We can calculate the autocorrelation of PT Bukalapak returns to help us make a trade decision. For example, suppose you find that PT Bukalapak 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 |
PT Bukalapak 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 PT Bukalapak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bukalapak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bukalapak stock over time.
Current vs Lagged Prices |
| Timeline |
PT Bukalapak Lagged Returns
When evaluating PT Bukalapak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Bukalapak stock have on its future price. PT Bukalapak 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, PT Bukalapak autocorrelation shows the relationship between PT Bukalapak stock current value and its past values and can show if there is a momentum factor associated with investing in PT Bukalapak.
Regressed Prices |
| Timeline |
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PT Bukalapak financial ratios help investors to determine whether BUKA 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 BUKA with respect to the benefits of owning PT Bukalapak security.