BAKRIE SUMATERA (Germany) Market Value
| OSW Stock | EUR 0.01 0.0005 4.00% |
| Symbol | BAKRIE |
BAKRIE SUMATERA '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 BAKRIE SUMATERA'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 BAKRIE SUMATERA.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in BAKRIE SUMATERA on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding BAKRIE SUMATERA PL or generate 0.0% return on investment in BAKRIE SUMATERA over 30 days. BAKRIE SUMATERA is related to or competes with Taylor Morrison, Shenandoah Telecommunicatio, China Communications, Consolidated Communications, Beazer Homes, KB HOME, and Gamma Communications. More
BAKRIE SUMATERA 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 BAKRIE SUMATERA'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 BAKRIE SUMATERA PL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.88 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 83.43 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.0 |
BAKRIE SUMATERA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BAKRIE SUMATERA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BAKRIE SUMATERA's standard deviation. In reality, there are many statistical measures that can use BAKRIE SUMATERA historical prices to predict the future BAKRIE SUMATERA's volatility.| Risk Adjusted Performance | 0.0679 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | (0.32) |
BAKRIE SUMATERA PL Backtested Returns
BAKRIE SUMATERA appears to be out of control, given 3 months investment horizon. BAKRIE SUMATERA PL secures Sharpe Ratio (or Efficiency) of 0.0789, which signifies that the company had a 0.0789% return per unit of return volatility over the last 3 months. By evaluating BAKRIE SUMATERA's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please makes use of BAKRIE SUMATERA's Mean Deviation of 4.19, coefficient of variation of 1308.06, and Downside Deviation of 13.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BAKRIE SUMATERA holds a performance score of 6. The firm shows a Beta (market volatility) of -2.51, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BAKRIE SUMATERA are expected to decrease by larger amounts. On the other hand, during market turmoil, BAKRIE SUMATERA is expected to outperform it. Please check BAKRIE SUMATERA's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether BAKRIE SUMATERA's price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
BAKRIE SUMATERA PL has insignificant reverse predictability. Overlapping area represents the amount of predictability between BAKRIE SUMATERA time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 BAKRIE SUMATERA PL price movement. The serial correlation of -0.18 indicates that over 18.0% of current BAKRIE SUMATERA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BAKRIE SUMATERA PL lagged returns against current returns
Autocorrelation, which is BAKRIE SUMATERA 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 BAKRIE SUMATERA's stock expected returns. We can calculate the autocorrelation of BAKRIE SUMATERA returns to help us make a trade decision. For example, suppose you find that BAKRIE SUMATERA 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 |
BAKRIE SUMATERA 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 BAKRIE SUMATERA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAKRIE SUMATERA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAKRIE SUMATERA stock over time.
Current vs Lagged Prices |
| Timeline |
BAKRIE SUMATERA Lagged Returns
When evaluating BAKRIE SUMATERA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BAKRIE SUMATERA stock have on its future price. BAKRIE SUMATERA 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, BAKRIE SUMATERA autocorrelation shows the relationship between BAKRIE SUMATERA stock current value and its past values and can show if there is a momentum factor associated with investing in BAKRIE SUMATERA PL.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BAKRIE Stock
BAKRIE SUMATERA financial ratios help investors to determine whether BAKRIE 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 BAKRIE with respect to the benefits of owning BAKRIE SUMATERA security.