Bank Central Asia Stock Market Value
| PBCRY Stock | USD 15.25 0.44 2.97% |
| Symbol | Bank |
Bank Central '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 Central'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 Bank Central.
| 02/05/2024 |
| 05/05/2024 |
If you would invest 0.00 in Bank Central on February 5, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Central Asia or generate 0.0% return on investment in Bank Central over 90 days. Bank Central is related to or competes with Nedbank, Standard Bank, Kasikornbank Public, KBC Groep, Bank Mandiri, Eurobank Ergasias, and PSB Holdings. PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporat... More
Bank Central 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 Central'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 Bank Central Asia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 2.6 |
Bank Central Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Central's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Central's standard deviation. In reality, there are many statistical measures that can use Bank Central historical prices to predict the future Bank Central's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0518 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Central'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 Central Asia Backtested Returns
We consider Bank Central very steady. Bank Central Asia secures Sharpe Ratio (or Efficiency) of 0.0314, which signifies that the company had a 0.0314% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank Central Asia, which you can use to evaluate the volatility of the firm. Please confirm Bank Central's Mean Deviation of 1.11, risk adjusted performance of 0.0257, and Downside Deviation of 1.69 to double-check if the risk estimate we provide is consistent with the expected return of 0.0477%. Bank Central has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Central's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Central is expected to be smaller as well. Bank Central Asia right now shows a risk of 1.52%. Please confirm Bank Central Asia value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Bank Central Asia will be following its price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Bank Central Asia has weak reverse predictability. Overlapping area represents the amount of predictability between Bank Central time series from 5th of February 2024 to 21st of March 2024 and 21st of March 2024 to 5th 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 Central Asia price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Bank Central price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Bank Central Asia lagged returns against current returns
Autocorrelation, which is Bank Central 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 Bank Central's pink sheet expected returns. We can calculate the autocorrelation of Bank Central returns to help us make a trade decision. For example, suppose you find that Bank Central 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 |
Bank Central 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 Central pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Central pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Central pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Central Lagged Returns
When evaluating Bank Central's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Central pink sheet have on its future price. Bank Central 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 Central autocorrelation shows the relationship between Bank Central pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Central Asia.
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 Central Asia 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
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Check out Bank Central Correlation, Bank Central Volatility and Bank Central Alpha and Beta module to complement your research on Bank Central. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Bank Central's price analysis, check to measure Bank Central'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 Central is operating at the current time. Most of Bank Central's value examination focuses on studying past and present price action to predict the probability of Bank Central'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 Central's price. Additionally, you may evaluate how the addition of Bank Central to your portfolios can decrease your overall portfolio volatility.
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Bank Central technical pink sheet 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, pink sheet market cycles, or different charting patterns.