Bekasi Asri (Indonesia) Market Value
| BAPA Stock | IDR 55.00 1.00 1.79% |
| Symbol | Bekasi |
Bekasi Asri '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 Bekasi Asri'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 Bekasi Asri.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Bekasi Asri on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Bekasi Asri Pemula or generate 0.0% return on investment in Bekasi Asri over 720 days. Bekasi Asri is related to or competes with Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, Bank Negara, and PT Kusuma. PT Bekasi Asri Pemula Tbk engages in real estate business in Indonesia More
Bekasi Asri 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 Bekasi Asri'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 Bekasi Asri Pemula upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.57 |
Bekasi Asri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bekasi Asri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bekasi Asri's standard deviation. In reality, there are many statistical measures that can use Bekasi Asri historical prices to predict the future Bekasi Asri's volatility.| Risk Adjusted Performance | 0.007 | |||
| Jensen Alpha | 0.0492 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0202 |
Bekasi Asri Pemula Backtested Returns
Bekasi Asri Pemula secures Sharpe Ratio (or Efficiency) of -0.0345, which signifies that the company had a -0.0345% return per unit of risk over the last 3 months. Bekasi Asri Pemula exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bekasi Asri's Downside Deviation of 2.44, risk adjusted performance of 0.007, and Mean Deviation of 1.62 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bekasi Asri are expected to decrease at a much lower rate. During the bear market, Bekasi Asri is likely to outperform the market. At this point, Bekasi Asri Pemula has a negative expected return of -0.0833%. Please make sure to confirm Bekasi Asri's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Bekasi Asri Pemula performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Bekasi Asri Pemula has virtually no predictability. Overlapping area represents the amount of predictability between Bekasi Asri 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 Bekasi Asri Pemula price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Bekasi Asri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 33.15 |
Bekasi Asri Pemula lagged returns against current returns
Autocorrelation, which is Bekasi Asri 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 Bekasi Asri's stock expected returns. We can calculate the autocorrelation of Bekasi Asri returns to help us make a trade decision. For example, suppose you find that Bekasi Asri 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 |
Bekasi Asri 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 Bekasi Asri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bekasi Asri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bekasi Asri stock over time.
Current vs Lagged Prices |
| Timeline |
Bekasi Asri Lagged Returns
When evaluating Bekasi Asri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bekasi Asri stock have on its future price. Bekasi Asri 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, Bekasi Asri autocorrelation shows the relationship between Bekasi Asri stock current value and its past values and can show if there is a momentum factor associated with investing in Bekasi Asri Pemula.
Regressed Prices |
| Timeline |
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Bekasi Asri financial ratios help investors to determine whether Bekasi 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 Bekasi with respect to the benefits of owning Bekasi Asri security.