Bank Ocbc (Indonesia) Market Value
NISP Stock | IDR 1,400 52.00 3.86% |
Symbol | Bank |
Bank Ocbc '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 Ocbc'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 Ocbc.
04/08/2022 |
| 03/28/2024 |
If you would invest 0.00 in Bank Ocbc on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Bank Ocbc Nisp or generate 0.0% return on investment in Bank Ocbc over 720 days. Bank Ocbc is related to or competes with Sumber Energi, Bumi Resources, Benakat Petroleum, Merdeka Copper, PT Pelayaran, Bayan Resources, and Chandra Asri. PT Bank OCBC NISP Tbk provides various banking products and services to corporate and individual customers in Indonesia More
Bank Ocbc 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 Ocbc'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 Ocbc Nisp upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.2 | |||
Information Ratio | 0.1409 | |||
Maximum Drawdown | 6.92 | |||
Value At Risk | (1.61) | |||
Potential Upside | 2.61 |
Bank Ocbc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ocbc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ocbc's standard deviation. In reality, there are many statistical measures that can use Bank Ocbc historical prices to predict the future Bank Ocbc's volatility.Risk Adjusted Performance | 0.1366 | |||
Jensen Alpha | 0.3672 | |||
Total Risk Alpha | 0.006 | |||
Sortino Ratio | 0.1675 | |||
Treynor Ratio | (0.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Ocbc'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 Ocbc Nisp Backtested Returns
Bank Ocbc appears to be very steady, given 3 months investment horizon. Bank Ocbc Nisp secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Ocbc Nisp, which you can use to evaluate the volatility of the firm. Please makes use of Bank Ocbc's Downside Deviation of 1.2, risk adjusted performance of 0.1366, and Mean Deviation of 1.13 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Ocbc holds a performance score of 20. The firm shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bank Ocbc are expected to decrease at a much lower rate. During the bear market, Bank Ocbc is likely to outperform the market. Please check Bank Ocbc's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Bank Ocbc's price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Bank Ocbc Nisp has average predictability. Overlapping area represents the amount of predictability between Bank Ocbc time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 Ocbc Nisp price movement. The serial correlation of 0.46 indicates that about 46.0% of current Bank Ocbc price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.46 | |
Spearman Rank Test | 0.49 | |
Residual Average | 0.0 | |
Price Variance | 17.5 K |
Bank Ocbc Nisp lagged returns against current returns
Autocorrelation, which is Bank Ocbc 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 Ocbc's stock expected returns. We can calculate the autocorrelation of Bank Ocbc returns to help us make a trade decision. For example, suppose you find that Bank Ocbc 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 Ocbc 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 Ocbc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ocbc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ocbc stock over time.
Current vs Lagged Prices |
Timeline |
Bank Ocbc Lagged Returns
When evaluating Bank Ocbc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ocbc stock have on its future price. Bank Ocbc 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 Ocbc autocorrelation shows the relationship between Bank Ocbc stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ocbc Nisp.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank Ocbc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank Ocbc's short interest history, or implied volatility extrapolated from Bank Ocbc options trading.
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When running Bank Ocbc's price analysis, check to measure Bank Ocbc'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 Ocbc is operating at the current time. Most of Bank Ocbc's value examination focuses on studying past and present price action to predict the probability of Bank Ocbc'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 Ocbc's price. Additionally, you may evaluate how the addition of Bank Ocbc to your portfolios can decrease your overall portfolio volatility.
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Bank Ocbc 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.