Bumitama Agri (Germany) Market Value
| 2BU Stock | EUR 0.62 0.01 1.59% |
| Symbol | Bumitama |
Bumitama Agri '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 Bumitama Agri'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 Bumitama Agri.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Bumitama Agri on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Bumitama Agri or generate 0.0% return on investment in Bumitama Agri over 30 days. Bumitama Agri is related to or competes with HYDROFARM HLD, Tradegate, Dairy Farm, Regions Financial, Hanison Construction, and Granite Construction. Bumitama Agri Ltd., an investment holding company, produces and trades in crude palm oil , palm kernel , and related pro... More
Bumitama Agri 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 Bumitama Agri'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 Bumitama Agri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.58 | |||
| Information Ratio | 0.1255 | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 4.08 |
Bumitama Agri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bumitama Agri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bumitama Agri's standard deviation. In reality, there are many statistical measures that can use Bumitama Agri historical prices to predict the future Bumitama Agri's volatility.| Risk Adjusted Performance | 0.1301 | |||
| Jensen Alpha | 0.3975 | |||
| Total Risk Alpha | 0.0928 | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | (1.32) |
Bumitama Agri Backtested Returns
Bumitama Agri appears to be extremely dangerous, given 3 months investment horizon. Bumitama Agri secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bumitama Agri, which you can use to evaluate the volatility of the firm. Please makes use of Bumitama Agri's Mean Deviation of 1.48, downside deviation of 3.58, and Risk Adjusted Performance of 0.1301 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bumitama Agri holds a performance score of 13. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bumitama Agri are expected to decrease at a much lower rate. During the bear market, Bumitama Agri is likely to outperform the market. Please check Bumitama Agri's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Bumitama Agri's price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Bumitama Agri has good predictability. Overlapping area represents the amount of predictability between Bumitama Agri time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 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 Bumitama Agri price movement. The serial correlation of 0.69 indicates that around 69.0% of current Bumitama Agri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bumitama Agri lagged returns against current returns
Autocorrelation, which is Bumitama Agri 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 Bumitama Agri's stock expected returns. We can calculate the autocorrelation of Bumitama Agri returns to help us make a trade decision. For example, suppose you find that Bumitama Agri 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 |
Bumitama Agri 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 Bumitama Agri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bumitama Agri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bumitama Agri stock over time.
Current vs Lagged Prices |
| Timeline |
Bumitama Agri Lagged Returns
When evaluating Bumitama Agri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bumitama Agri stock have on its future price. Bumitama Agri 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, Bumitama Agri autocorrelation shows the relationship between Bumitama Agri stock current value and its past values and can show if there is a momentum factor associated with investing in Bumitama Agri.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bumitama Stock
Bumitama Agri financial ratios help investors to determine whether Bumitama 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 Bumitama with respect to the benefits of owning Bumitama Agri security.