Bank Capital (Indonesia) Market Value
| BACA Stock | IDR 131.00 1.00 0.77% |
| Symbol | Bank |
Bank Capital '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 Capital'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 Capital.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Bank Capital on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Capital Indonesia or generate 0.0% return on investment in Bank Capital over 30 days. Bank Capital is related to or competes with Bank Mnc, Bank Bumi, Bank Victoria, Bank Qnb, and Bank Pembangunan. PT Bank Capital Indonesia Tbk provides various banking products and services in Indonesia More
Bank Capital 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 Capital'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 Capital Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8245 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.53 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.7692 |
Bank Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Capital's standard deviation. In reality, there are many statistical measures that can use Bank Capital historical prices to predict the future Bank Capital's volatility.| Risk Adjusted Performance | 0.0138 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank Capital Indonesia Backtested Returns
We consider Bank Capital very steady. Bank Capital Indonesia secures Sharpe Ratio (or Efficiency) of 0.0474, which signifies that the company had a 0.0474% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Capital Indonesia, which you can use to evaluate the volatility of the firm. Please confirm Bank Capital's Risk Adjusted Performance of 0.0138, mean deviation of 0.1835, and Downside Deviation of 0.8245 to double-check if the risk estimate we provide is consistent with the expected return of 0.0152%. Bank Capital has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0259, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Capital are expected to decrease at a much lower rate. During the bear market, Bank Capital is likely to outperform the market. Bank Capital Indonesia right now shows a risk of 0.32%. Please confirm Bank Capital Indonesia total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Bank Capital Indonesia will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Bank Capital Indonesia has no correlation between past and present. Overlapping area represents the amount of predictability between Bank Capital time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Capital Indonesia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bank Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Bank Capital Indonesia lagged returns against current returns
Autocorrelation, which is Bank Capital 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 Capital's stock expected returns. We can calculate the autocorrelation of Bank Capital returns to help us make a trade decision. For example, suppose you find that Bank Capital 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 Capital 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 Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Capital Lagged Returns
When evaluating Bank Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Capital stock have on its future price. Bank Capital 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 Capital autocorrelation shows the relationship between Bank Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Capital Indonesia.
Regressed Prices |
| Timeline |
Pair Trading with Bank Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Capital Indonesia to buy it.
The correlation of Bank Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Capital Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bank Capital Correlation, Bank Capital Volatility and Bank Capital Alpha and Beta module to complement your research on Bank Capital. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Bank Stock analysis
When running Bank Capital's price analysis, check to measure Bank Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Capital is operating at the current time. Most of Bank Capital's value examination focuses on studying past and present price action to predict the probability of Bank Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Capital's price. Additionally, you may evaluate how the addition of Bank Capital to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Bank Capital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.