Bank Permata Stock Forecast - Daily Balance Of Power
| BNLI Stock | IDR 960.00 5.00 0.52% |
Bank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank Permata stock prices and determine the direction of Bank Permata Tbk's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank Permata'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 Permata 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 Permata's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank Permata's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Bank Permata Tbk market sensitivity to bulls and bears. It estimates the ability of Bank Permata buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Bank Permata Balance of Power indicator one can determine a trend of the price direction.| Check Bank Permata Volatility | Backtest Bank Permata | Information Ratio |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Bank Permata to competition
Bank Permata 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 Permata stock to make a market-neutral strategy. Peer analysis of Bank Permata could also be used in its relative valuation, which is a method of valuing Bank Permata by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank Permata Market Strength Events
Market strength indicators help investors to evaluate how Bank Permata 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 Permata shares will generate the highest return on investment. By undertsting and applying Bank Permata stock market strength indicators, traders can identify Bank Permata Tbk entry and exit signals to maximize returns.
Bank Permata Risk Indicators
The analysis of Bank Permata'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 Permata'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 | 0.6638 | |||
| Semi Deviation | 0.6573 | |||
| Standard Deviation | 0.8972 | |||
| Variance | 0.8049 | |||
| Downside Variance | 0.913 | |||
| Semi Variance | 0.432 | |||
| Expected Short fall | (0.94) |
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 Permata
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 Permata 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 Permata will appreciate offsetting losses from the drop in the long position's value.Moving against Bank Stock
| 0.61 | NETV | Net Visi Media | PairCorr |
| 0.56 | TFAS | Telefast Indonesia | PairCorr |
The ability to find closely correlated positions to Bank Permata 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 Permata 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 Permata - 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 Permata Tbk to buy it.
The correlation of Bank Permata 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 Permata moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Permata Tbk 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 Permata 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Bank Stock analysis
When running Bank Permata's price analysis, check to measure Bank Permata'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 Permata is operating at the current time. Most of Bank Permata's value examination focuses on studying past and present price action to predict the probability of Bank Permata'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 Permata's price. Additionally, you may evaluate how the addition of Bank Permata to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |