Bank Agris (Indonesia) Market Value
| AGRS Stock | IDR 62.00 1.00 1.59% |
| Symbol | Bank |
Bank Agris '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 Agris' 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 Agris.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bank Agris on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Agris Tbk or generate 0.0% return on investment in Bank Agris over 90 days. Bank Agris is related to or competes with Bank Ganesha, Bank Yudha, Bk Harda, Bank Mnc, and Bank Capital. PT Bank Agris Tbk provides banking products and services in Indonesia More
Bank Agris 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 Agris' 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 Agris Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.31 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 1.61 |
Bank Agris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Agris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Agris' standard deviation. In reality, there are many statistical measures that can use Bank Agris historical prices to predict the future Bank Agris' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (2.79) |
Bank Agris Tbk Backtested Returns
Bank Agris Tbk 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. Bank Agris Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Agris' Risk Adjusted Performance of (0.16), standard deviation of 1.84, and Mean Deviation of 1.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Agris' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Agris is expected to be smaller as well. At this point, Bank Agris Tbk has a negative expected return of -0.33%. Please make sure to confirm Bank Agris' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Bank Agris Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Bank Agris Tbk has below average predictability. Overlapping area represents the amount of predictability between Bank Agris time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 Agris Tbk price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Bank Agris price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 9.25 |
Bank Agris Tbk lagged returns against current returns
Autocorrelation, which is Bank Agris 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 Agris' stock expected returns. We can calculate the autocorrelation of Bank Agris returns to help us make a trade decision. For example, suppose you find that Bank Agris 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 Agris 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 Agris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Agris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Agris stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Agris Lagged Returns
When evaluating Bank Agris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Agris stock have on its future price. Bank Agris 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 Agris autocorrelation shows the relationship between Bank Agris stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Agris Tbk.
Regressed Prices |
| Timeline |
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Bank Agris financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Agris security.