Pt Bank Rakyat Stock Market Value
| BKRKF Stock | USD 0.24 0.01 4.00% |
| Symbol | BKRKF |
PT Bank '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 PT Bank's pink sheet 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 PT Bank.
| 05/17/2024 |
| 06/16/2024 |
If you would invest 0.00 in PT Bank on May 17, 2024 and sell it all today you would earn a total of 0.00 from holding PT Bank Rakyat or generate 0.0% return on investment in PT Bank over 30 days. PT Bank is related to or competes with First Hawaiian, Central Pacific, Territorial Bancorp, Comerica, Bank of Hawaii, Lloyds Banking, and Zions Bancorporation. PT Bank Rakyat Indonesia Tbk provides various banking products and services in Indonesia, Singapore, Timor Leste, Hong K... More
PT Bank 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 PT Bank's pink sheet 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 PT Bank Rakyat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 30.46 | |||
| Value At Risk | (12.12) | |||
| Potential Upside | 10.81 |
PT Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Bank's standard deviation. In reality, there are many statistical measures that can use PT Bank historical prices to predict the future PT Bank's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Bank'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.
PT Bank Rakyat Backtested Returns
PT Bank Rakyat retains Efficiency (Sharpe Ratio) of -0.1, which implies the firm had a -0.1% return per unit of price deviation over the last 3 months. PT Bank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Bank's market risk adjusted performance of 1.15, and Information Ratio of (0.06) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT Bank are expected to decrease at a much lower rate. During the bear market, PT Bank is likely to outperform the market. At this point, PT Bank Rakyat has a negative expected return of -0.67%. Please make sure to check PT Bank's standard deviation and the relationship between the treynor ratio and day typical price , to decide if PT Bank Rakyat performance from the past will be repeated at some future date.
Auto-correlation | 0.64 |
Good predictability
PT Bank Rakyat has good predictability. Overlapping area represents the amount of predictability between PT Bank time series from 17th of May 2024 to 1st of June 2024 and 1st of June 2024 to 16th of June 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 PT Bank Rakyat price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current PT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Bank Rakyat lagged returns against current returns
Autocorrelation, which is PT Bank pink sheet'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 PT Bank's pink sheet expected returns. We can calculate the autocorrelation of PT Bank returns to help us make a trade decision. For example, suppose you find that PT Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Bank 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 PT Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Bank Lagged Returns
When evaluating PT Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Bank pink sheet have on its future price. PT Bank 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, PT Bank autocorrelation shows the relationship between PT Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Bank Rakyat.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BKRKF Pink Sheet
PT Bank financial ratios help investors to determine whether BKRKF Pink Sheet 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 BKRKF with respect to the benefits of owning PT Bank security.