Bank Pembangunan (Indonesia) Market Value
| BEKS Stock | IDR 24.00 1.00 4.00% |
| Symbol | Bank |
Bank Pembangunan '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 Pembangunan'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 Pembangunan.
| 11/26/2023 |
| 05/24/2024 |
If you would invest 0.00 in Bank Pembangunan on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Pembangunan Daerah or generate 0.0% return on investment in Bank Pembangunan over 180 days. Bank Pembangunan is related to or competes with Bank Danamon, Bank Cimb, Panin Financial, Bank Maybank, and Bank Permata. Bank Pembangunan Daerah Banten, Tbk provides various banking services in Indonesia More
Bank Pembangunan 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 Pembangunan'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 Pembangunan Daerah upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 |
Bank Pembangunan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Pembangunan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Pembangunan's standard deviation. In reality, there are many statistical measures that can use Bank Pembangunan historical prices to predict the future Bank Pembangunan's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (1.39) | |||
| Treynor Ratio | (1.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Pembangunan'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 Pembangunan Daerah Backtested Returns
Bank Pembangunan Daerah secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. Bank Pembangunan Daerah exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Pembangunan's Mean Deviation of 3.53, standard deviation of 4.92, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Pembangunan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Pembangunan is expected to be smaller as well. Bank Pembangunan Daerah has an expected return of -1.25%. Please make sure to confirm Bank Pembangunan Daerah information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Bank Pembangunan Daerah performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Bank Pembangunan Daerah has no correlation between past and present. Overlapping area represents the amount of predictability between Bank Pembangunan time series from 26th of November 2023 to 24th of February 2024 and 24th of February 2024 to 24th of May 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 Pembangunan Daerah price movement. The serial correlation of 0.0 indicates that just 0.0% of current Bank Pembangunan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 119.85 |
Bank Pembangunan Daerah lagged returns against current returns
Autocorrelation, which is Bank Pembangunan 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 Pembangunan's stock expected returns. We can calculate the autocorrelation of Bank Pembangunan returns to help us make a trade decision. For example, suppose you find that Bank Pembangunan 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 Pembangunan 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 Pembangunan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Pembangunan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Pembangunan stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Pembangunan Lagged Returns
When evaluating Bank Pembangunan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Pembangunan stock have on its future price. Bank Pembangunan 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 Pembangunan autocorrelation shows the relationship between Bank Pembangunan stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Pembangunan Daerah.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Bank Pembangunan Daerah using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Bank Pembangunan Correlation, Bank Pembangunan Volatility and Bank Pembangunan Alpha and Beta module to complement your research on Bank Pembangunan. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Bank Stock analysis
When running Bank Pembangunan's price analysis, check to measure Bank Pembangunan'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 Pembangunan is operating at the current time. Most of Bank Pembangunan's value examination focuses on studying past and present price action to predict the probability of Bank Pembangunan'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 Pembangunan's price. Additionally, you may evaluate how the addition of Bank Pembangunan to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Bank Pembangunan 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.