Bank Pembangunan (Indonesia) Market Value
| BJTM Stock | IDR 470.00 2.00 0.42% |
| Symbol | Bank |
Bank Pembangunan '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 Pembangunan'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 Pembangunan.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bank Pembangunan on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Pembangunan Timur or generate 0.0% return on investment in Bank Pembangunan over 90 days. Bank Pembangunan is related to or competes with Bank Jabar, Sido Muncul, Bank Negara, Bank Tabungan, and Pakuwon Jati. PT Bank Pembangunan Daerah Jawa Timur Tbk provides various banking products and services in Indonesia More
Bank Pembangunan 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 Pembangunan'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 Pembangunan Timur upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.13 |
Bank Pembangunan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Pembangunan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Pembangunan's standard deviation. In reality, there are many statistical measures that can use Bank Pembangunan historical prices to predict the future Bank Pembangunan's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.53 |
Bank Pembangunan Timur Backtested Returns
Bank Pembangunan Timur secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Bank Pembangunan Timur exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Pembangunan's Standard Deviation of 1.66, mean deviation of 1.16, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Pembangunan are expected to decrease at a much lower rate. During the bear market, Bank Pembangunan is likely to outperform the market. At this point, Bank Pembangunan Timur has a negative expected return of -0.22%. Please make sure to confirm Bank Pembangunan's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bank Pembangunan Timur performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.9 |
Excellent reverse predictability
Bank Pembangunan Timur has excellent reverse predictability. Overlapping area represents the amount of predictability between Bank Pembangunan 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 Pembangunan Timur price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Bank Pembangunan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 1567.28 |
Bank Pembangunan Timur lagged returns against current returns
Autocorrelation, which is Bank Pembangunan 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 Pembangunan's stock expected returns. We can calculate the autocorrelation of Bank Pembangunan returns to help us make a trade decision. For example, suppose you find that Bank Pembangunan 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 Pembangunan 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 Pembangunan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Pembangunan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Pembangunan stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Pembangunan Lagged Returns
When evaluating Bank Pembangunan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Pembangunan stock have on its future price. Bank Pembangunan 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 Pembangunan autocorrelation shows the relationship between Bank Pembangunan stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Pembangunan Timur.
Regressed Prices |
| Timeline |
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Bank Pembangunan 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 Pembangunan security.