PT Bank (Germany) Market Value
| BZG2 Stock | EUR 0.57 0.06 9.52% |
| Symbol | BZG2 |
PT Bank '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 Bank'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 Bank.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in PT Bank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding PT Bank Central or generate 0.0% return on investment in PT Bank over 30 days. PT Bank is related to or competes with HDFC Bank, DBS Group, and State Bank. PT Bank Central Asia Tbk provides banking products and services to individual, corporate, and small and medium enterpris... More
PT Bank 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 Bank'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 Bank Central upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.79 | |||
| Information Ratio | 0.0315 | |||
| Maximum Drawdown | 15.79 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 6.45 |
PT Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Bank's standard deviation. In reality, there are many statistical measures that can use PT Bank historical prices to predict the future PT Bank's volatility.| Risk Adjusted Performance | 0.0614 | |||
| Jensen Alpha | 0.1201 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0218 | |||
| Treynor Ratio | 0.2572 |
PT Bank Central Backtested Returns
PT Bank appears to be abnormally volatile, given 3 months investment horizon. PT Bank Central retains Efficiency (Sharpe Ratio) of 0.0627, which implies the firm had a 0.0627% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for PT Bank, which you can use to evaluate the volatility of the company. Please evaluate PT Bank's standard deviation of 3.32, and Market Risk Adjusted Performance of 0.2672 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT Bank holds a performance score of 4. The company owns a Beta (Systematic Risk) of 0.87, which implies possible diversification benefits within a given portfolio. PT Bank returns are very sensitive to returns on the market. As the market goes up or down, PT Bank is expected to follow. Please check PT Bank's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether PT Bank's current price history will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
PT Bank Central has weak reverse predictability. Overlapping area represents the amount of predictability between PT Bank time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Bank Central price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current PT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Bank Central lagged returns against current returns
Autocorrelation, which is PT Bank 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 Bank's stock expected returns. We can calculate the autocorrelation of PT Bank returns to help us make a trade decision. For example, suppose you find that PT Bank 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 Bank 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 Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bank stock over time.
Current vs Lagged Prices |
| Timeline |
PT Bank Lagged Returns
When evaluating PT Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Bank stock have on its future price. PT Bank 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 Bank autocorrelation shows the relationship between PT Bank stock current value and its past values and can show if there is a momentum factor associated with investing in PT Bank Central.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BZG2 Stock
PT Bank financial ratios help investors to determine whether BZG2 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 BZG2 with respect to the benefits of owning PT Bank security.