PT Barito (Germany) Market Value
| OB8 Stock | EUR 0.04 0 2.20% |
| Symbol | OB8 |
PT Barito '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 Barito'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 PT Barito.
| 04/20/2024 |
| 06/19/2024 |
If you would invest 0.00 in PT Barito on April 20, 2024 and sell it all today you would earn a total of 0.00 from holding PT Barito Pacific or generate 0.0% return on investment in PT Barito over 60 days. PT Barito is related to or competes with AIR LIQUIDE, Shin Etsu, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Darden Restaurants, and Vanguard Funds. PT Barito Pacific Tbk, together with its subsidiaries, primarily engages in the petrochemical production business More
PT Barito 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 Barito'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 PT Barito Pacific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 46.31 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 5.32 |
PT Barito Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Barito's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Barito's standard deviation. In reality, there are many statistical measures that can use PT Barito historical prices to predict the future PT Barito's volatility.| Risk Adjusted Performance | 0.003 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.0489 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Barito'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 Barito Pacific Backtested Returns
We consider PT Barito out of control. PT Barito Pacific retains Efficiency (Sharpe Ratio) of 0.0112, which implies the firm had a 0.0112% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for PT Barito, which you can use to evaluate the volatility of the company. Please check PT Barito's information ratio of (0.01), and Market Risk Adjusted Performance of 0.0589 to confirm if the risk estimate we provide is consistent with the expected return of 0.0623%. The company owns a Beta (Systematic Risk) of -1.24, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PT Barito are expected to decrease by larger amounts. On the other hand, during market turmoil, PT Barito is expected to outperform it. PT Barito Pacific at this moment owns a risk of 5.54%. Please check PT Barito Pacific standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if PT Barito Pacific will be following its current price history.
Auto-correlation | -0.47 |
Modest reverse predictability
PT Barito Pacific has modest reverse predictability. Overlapping area represents the amount of predictability between PT Barito time series from 20th of April 2024 to 20th of May 2024 and 20th of May 2024 to 19th 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 Barito Pacific price movement. The serial correlation of -0.47 indicates that about 47.0% of current PT Barito price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Barito Pacific lagged returns against current returns
Autocorrelation, which is PT Barito 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 PT Barito's stock expected returns. We can calculate the autocorrelation of PT Barito returns to help us make a trade decision. For example, suppose you find that PT Barito 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 |
PT Barito 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 Barito stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Barito stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Barito stock over time.
Current vs Lagged Prices |
| Timeline |
PT Barito Lagged Returns
When evaluating PT Barito's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Barito stock have on its future price. PT Barito 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 Barito autocorrelation shows the relationship between PT Barito stock current value and its past values and can show if there is a momentum factor associated with investing in PT Barito Pacific.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OB8 Stock
PT Barito financial ratios help investors to determine whether OB8 Stock 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 OB8 with respect to the benefits of owning PT Barito security.