Bank Amar (Indonesia) Market Value
| AMAR Stock | IDR 193.00 3.00 1.53% |
| Symbol | Bank |
Bank Amar '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 Amar'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 Amar.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Bank Amar on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Bank Amar Indonesia or generate 0.0% return on investment in Bank Amar over 720 days. Bank Amar is related to or competes with Bank Yudha, Bk Harda, Bank Ganesha, Bank Capital, and Bank Agris. PT Bank Amar Indonesia Tbk engages in the banking activities in Indonesia More
Bank Amar 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 Amar'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 Amar Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.09 |
Bank Amar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Amar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Amar's standard deviation. In reality, there are many statistical measures that can use Bank Amar historical prices to predict the future Bank Amar's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.89) |
Bank Amar Indonesia Backtested Returns
Bank Amar Indonesia secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Bank Amar Indonesia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Amar's Mean Deviation of 1.0, risk adjusted performance of (0.08), and Standard Deviation of 1.39 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Amar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Amar is expected to be smaller as well. At this point, Bank Amar Indonesia has a negative expected return of -0.26%. Please make sure to confirm Bank Amar's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Bank Amar Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Bank Amar Indonesia has very good reverse predictability. Overlapping area represents the amount of predictability between Bank Amar time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Bank Amar Indonesia price movement. The serial correlation of -0.67 indicates that around 67.0% of current Bank Amar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 958.9 |
Bank Amar Indonesia lagged returns against current returns
Autocorrelation, which is Bank Amar 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 Amar's stock expected returns. We can calculate the autocorrelation of Bank Amar returns to help us make a trade decision. For example, suppose you find that Bank Amar 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 Amar 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 Amar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Amar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Amar stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Amar Lagged Returns
When evaluating Bank Amar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Amar stock have on its future price. Bank Amar 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 Amar autocorrelation shows the relationship between Bank Amar stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Amar Indonesia.
Regressed Prices |
| Timeline |
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Bank Amar 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 Amar security.