Bank Tabungan Stock Forecast - Price Action Indicator
| BBTN Stock | IDR 1,420 45.00 3.27% |
Bank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank Tabungan stock prices and determine the direction of Bank Tabungan Negara's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank Tabungan's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Bank |
Most investors in Bank Tabungan cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Bank Tabungan's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank Tabungan's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Bank Tabungan Volatility | Backtest Bank Tabungan | Information Ratio |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Bank Tabungan to competition
Bank Tabungan Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bank Tabungan stock to make a market-neutral strategy. Peer analysis of Bank Tabungan could also be used in its relative valuation, which is a method of valuing Bank Tabungan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank Tabungan Market Strength Events
Market strength indicators help investors to evaluate how Bank Tabungan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Tabungan shares will generate the highest return on investment. By undertsting and applying Bank Tabungan stock market strength indicators, traders can identify Bank Tabungan Negara entry and exit signals to maximize returns.
Bank Tabungan Risk Indicators
The analysis of Bank Tabungan's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bank Tabungan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.91 | |||
| Semi Deviation | 1.94 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.37 | |||
| Downside Variance | 4.79 | |||
| Semi Variance | 3.76 | |||
| Expected Short fall | (2.49) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Bank Tabungan
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 Tabungan 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 Tabungan will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.75 | CLAY | Citra Putra Realty | PairCorr |
| 0.75 | SURE | Super Energy Tbk | PairCorr |
Moving against Bank Stock
| 0.73 | TFAS | Telefast Indonesia | PairCorr |
| 0.69 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.57 | NETV | Net Visi Media | PairCorr |
The ability to find closely correlated positions to Bank Tabungan 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 Tabungan 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 Tabungan - 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 Tabungan Negara to buy it.
The correlation of Bank Tabungan 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 Tabungan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Tabungan Negara 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 Tabungan 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Bank Stock analysis
When running Bank Tabungan's price analysis, check to measure Bank Tabungan'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 Tabungan is operating at the current time. Most of Bank Tabungan's value examination focuses on studying past and present price action to predict the probability of Bank Tabungan'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 Tabungan's price. Additionally, you may evaluate how the addition of Bank Tabungan to your portfolios can decrease your overall portfolio volatility.
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