Bank Ganesha (Indonesia) Market Value
| BGTG Stock | IDR 72.00 1.00 1.37% |
| Symbol | Bank |
Bank Ganesha '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 Ganesha'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 Ganesha.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bank Ganesha on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Ganesha Tbk or generate 0.0% return on investment in Bank Ganesha over 90 days. Bank Ganesha is related to or competes with Bk Harda, Bank Yudha, Bank Mnc, Bank Capital, and Bank Agris. More
Bank Ganesha 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 Ganesha'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 Ganesha Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 18.33 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.99 |
Bank Ganesha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ganesha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ganesha's standard deviation. In reality, there are many statistical measures that can use Bank Ganesha historical prices to predict the future Bank Ganesha's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.2364 | |||
| Treynor Ratio | (0.13) |
Bank Ganesha Tbk Backtested Returns
Bank Ganesha Tbk secures Sharpe Ratio (or Efficiency) of -0.0367, which signifies that the company had a -0.0367 % return per unit of risk over the last 3 months. Bank Ganesha Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Ganesha's Standard Deviation of 2.78, risk adjusted performance of (0.03), and Mean Deviation of 1.61 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. Bank Ganesha returns are very sensitive to returns on the market. As the market goes up or down, Bank Ganesha is expected to follow. At this point, Bank Ganesha Tbk has a negative expected return of -0.1%. Please make sure to confirm Bank Ganesha's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Bank Ganesha Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Bank Ganesha Tbk has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bank Ganesha time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Ganesha Tbk price movement. The serial correlation of -0.2 indicates that over 20.0% of current Bank Ganesha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 11.06 |
Bank Ganesha Tbk lagged returns against current returns
Autocorrelation, which is Bank Ganesha 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 Ganesha's stock expected returns. We can calculate the autocorrelation of Bank Ganesha returns to help us make a trade decision. For example, suppose you find that Bank Ganesha 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 Ganesha 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 Ganesha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ganesha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ganesha stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Ganesha Lagged Returns
When evaluating Bank Ganesha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ganesha stock have on its future price. Bank Ganesha 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 Ganesha autocorrelation shows the relationship between Bank Ganesha stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ganesha Tbk.
Regressed Prices |
| Timeline |
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Bank Ganesha 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 Ganesha security.