PT Barito (Germany) Market Value
| OB8 Stock | EUR 0.04 0.01 24.77% |
| Symbol | OB8 |
PT Barito '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 Barito'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 Barito.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in PT Barito on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding PT Barito Pacific or generate 0.0% return on investment in PT Barito over 30 days. PT Barito is related to or competes with NORTHEAST UTILITIES, Universal Insurance, Ping An, QBE Insurance, Air Lease, Zurich Insurance, and FUYO GENERAL. PT Barito Pacific Tbk, together with its subsidiaries, primarily engages in the petrochemical production business More
PT Barito 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 Barito'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 Barito Pacific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 48.78 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 7.02 |
PT Barito Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Barito's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Barito's standard deviation. In reality, there are many statistical measures that can use PT Barito historical prices to predict the future PT Barito's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (19.15) |
PT Barito Pacific Backtested Returns
PT Barito Pacific retains Efficiency (Sharpe Ratio) of -0.0269, which implies the firm had a -0.0269% return per unit of price deviation over the last 3 months. PT Barito exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Barito's market risk adjusted performance of (19.14), and Information Ratio of (0.04) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0091, which implies not very significant fluctuations relative to the market. As returns on the market increase, PT Barito's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Barito is expected to be smaller as well. At this point, PT Barito Pacific has a negative expected return of -0.2%. Please make sure to check PT Barito's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if PT Barito Pacific performance from the past will be repeated at some future date.
Auto-correlation | 0.16 |
Very weak predictability
PT Barito Pacific has very weak predictability. Overlapping area represents the amount of predictability between PT Barito time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Barito Pacific price movement. The serial correlation of 0.16 indicates that over 16.0% of current PT Barito price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Barito Pacific lagged returns against current returns
Autocorrelation, which is PT Barito 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 Barito's stock expected returns. We can calculate the autocorrelation of PT Barito returns to help us make a trade decision. For example, suppose you find that PT Barito 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 Barito 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 Barito stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Barito stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Barito stock over time.
Current vs Lagged Prices |
| Timeline |
PT Barito Lagged Returns
When evaluating PT Barito's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Barito stock have on its future price. PT Barito 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 Barito autocorrelation shows the relationship between PT Barito stock current value and its past values and can show if there is a momentum factor associated with investing in PT Barito Pacific.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OB8 Stock
PT Barito financial ratios help investors to determine whether OB8 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 OB8 with respect to the benefits of owning PT Barito security.