Bumi Benowo (Indonesia) Market Value
| BBSS Stock | IDR 188.00 1.00 0.53% |
| Symbol | Bumi |
Bumi Benowo '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 Bumi Benowo'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 Bumi Benowo.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Bumi Benowo on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Bumi Benowo Sukses or generate 0.0% return on investment in Bumi Benowo over 360 days. Bumi Benowo is related to or competes with PT Hetzer, PT Dewi, PT Sari, Gaya Abadi, and Adaro Minerals. PT Bumi Benowo Sukses Sejahtera Tbk engages in the construction of warehouses and shop houses in Indonesia More
Bumi Benowo 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 Bumi Benowo'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 Bumi Benowo Sukses upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.12 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.58 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 5.03 |
Bumi Benowo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bumi Benowo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bumi Benowo's standard deviation. In reality, there are many statistical measures that can use Bumi Benowo historical prices to predict the future Bumi Benowo's volatility.| Risk Adjusted Performance | 0.0157 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0644 |
Bumi Benowo Sukses Backtested Returns
As of now, Bumi Stock is very steady. Bumi Benowo Sukses secures Sharpe Ratio (or Efficiency) of 0.0031, which signifies that the company had a 0.0031% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bumi Benowo Sukses, which you can use to evaluate the volatility of the firm. Please confirm Bumi Benowo's Risk Adjusted Performance of 0.0157, mean deviation of 2.4, and Downside Deviation of 3.12 to double-check if the risk estimate we provide is consistent with the expected return of 0.0101%. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bumi Benowo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bumi Benowo is expected to be smaller as well. Bumi Benowo Sukses right now shows a risk of 3.26%. Please confirm Bumi Benowo Sukses jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Bumi Benowo Sukses will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
Bumi Benowo Sukses has good predictability. Overlapping area represents the amount of predictability between Bumi Benowo time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 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 Bumi Benowo Sukses price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Bumi Benowo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 1106.6 |
Bumi Benowo Sukses lagged returns against current returns
Autocorrelation, which is Bumi Benowo 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 Bumi Benowo's stock expected returns. We can calculate the autocorrelation of Bumi Benowo returns to help us make a trade decision. For example, suppose you find that Bumi Benowo 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 |
Bumi Benowo 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 Bumi Benowo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bumi Benowo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bumi Benowo stock over time.
Current vs Lagged Prices |
| Timeline |
Bumi Benowo Lagged Returns
When evaluating Bumi Benowo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bumi Benowo stock have on its future price. Bumi Benowo 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, Bumi Benowo autocorrelation shows the relationship between Bumi Benowo stock current value and its past values and can show if there is a momentum factor associated with investing in Bumi Benowo Sukses.
Regressed Prices |
| Timeline |
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Bumi Benowo financial ratios help investors to determine whether Bumi 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 Bumi with respect to the benefits of owning Bumi Benowo security.