Benakat Petroleum (Indonesia) Market Value
| BIPI Stock | IDR 78.00 2.00 2.50% |
| Symbol | Benakat |
Benakat Petroleum '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 Benakat Petroleum'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 Benakat Petroleum.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Benakat Petroleum on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Benakat Petroleum Energy or generate 0.0% return on investment in Benakat Petroleum over 90 days. Benakat Petroleum is related to or competes with Bumi Resources, Energi Mega, Delta Dunia, Darma Henwa, and Mnc Investama. More
Benakat Petroleum 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 Benakat Petroleum'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 Benakat Petroleum Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 3.9 |
Benakat Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benakat Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benakat Petroleum's standard deviation. In reality, there are many statistical measures that can use Benakat Petroleum historical prices to predict the future Benakat Petroleum's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.0838 | |||
| Treynor Ratio | (0.83) |
Benakat Petroleum Energy Backtested Returns
Benakat Petroleum Energy secures Sharpe Ratio (or Efficiency) of -0.0876, which signifies that the company had a -0.0876 % return per unit of risk over the last 3 months. Benakat Petroleum Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Benakat Petroleum's Mean Deviation of 2.0, standard deviation of 2.49, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Benakat Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Benakat Petroleum is expected to be smaller as well. At this point, Benakat Petroleum Energy has a negative expected return of -0.22%. Please make sure to confirm Benakat Petroleum's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Benakat Petroleum Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Benakat Petroleum Energy has very weak predictability. Overlapping area represents the amount of predictability between Benakat Petroleum 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 Benakat Petroleum Energy price movement. The serial correlation of 0.18 indicates that over 18.0% of current Benakat Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 16.69 |
Benakat Petroleum Energy lagged returns against current returns
Autocorrelation, which is Benakat Petroleum 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 Benakat Petroleum's stock expected returns. We can calculate the autocorrelation of Benakat Petroleum returns to help us make a trade decision. For example, suppose you find that Benakat Petroleum 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 |
Benakat Petroleum 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 Benakat Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benakat Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Benakat Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Benakat Petroleum Lagged Returns
When evaluating Benakat Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benakat Petroleum stock have on its future price. Benakat Petroleum 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, Benakat Petroleum autocorrelation shows the relationship between Benakat Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Benakat Petroleum Energy.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Benakat Stock
Benakat Petroleum financial ratios help investors to determine whether Benakat 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 Benakat with respect to the benefits of owning Benakat Petroleum security.