Bank Victoria (Indonesia) Market Value
| BVIC Stock | IDR 101.00 4.00 4.12% |
| Symbol | Bank |
Bank Victoria '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 Victoria'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 Victoria.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Bank Victoria on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Victoria International or generate 0.0% return on investment in Bank Victoria over 30 days. Bank Victoria is related to or competes with Bank Qnb, Bank Mnc, Bank Bumi, Bank Capital, and Bank Artha. PT Bank Victoria International Tbk provides various banking products and services in Indonesia More
Bank Victoria 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 Victoria'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 Victoria International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.0559 | |||
| Maximum Drawdown | 19.23 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 6.17 |
Bank Victoria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Victoria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Victoria's standard deviation. In reality, there are many statistical measures that can use Bank Victoria historical prices to predict the future Bank Victoria's volatility.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 0.3158 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0661 | |||
| Treynor Ratio | (1.19) |
Bank Victoria Intern Backtested Returns
Bank Victoria appears to be very steady, given 3 months investment horizon. Bank Victoria Intern secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Victoria International, which you can use to evaluate the volatility of the firm. Please makes use of Bank Victoria's Downside Deviation of 2.51, risk adjusted performance of 0.084, and Mean Deviation of 1.92 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Victoria holds a performance score of 8. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Victoria are expected to decrease at a much lower rate. During the bear market, Bank Victoria is likely to outperform the market. Please check Bank Victoria's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bank Victoria's price patterns will revert.
Auto-correlation | -0.9 |
Excellent reverse predictability
Bank Victoria International has excellent reverse predictability. Overlapping area represents the amount of predictability between Bank Victoria time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 Bank Victoria Intern price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Bank Victoria price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 28.69 |
Bank Victoria Intern lagged returns against current returns
Autocorrelation, which is Bank Victoria 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 Victoria's stock expected returns. We can calculate the autocorrelation of Bank Victoria returns to help us make a trade decision. For example, suppose you find that Bank Victoria 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 Victoria 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 Victoria stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Victoria stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Victoria stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Victoria Lagged Returns
When evaluating Bank Victoria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Victoria stock have on its future price. Bank Victoria 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 Victoria autocorrelation shows the relationship between Bank Victoria stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Victoria International.
Regressed Prices |
| Timeline |
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Bank Victoria 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 Victoria security.