Pt Bank Rakyat Stock Market Value
| BKRKF Stock | USD 0.24 0.01 4.00% |
| Symbol | BKRKF |
PT Bank '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 PT Bank's pink sheet 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 PT Bank.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in PT Bank on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding PT Bank Rakyat or generate 0.0% return on investment in PT Bank over 90 days. PT Bank is related to or competes with Piraeus Bank, Turkiye Garanti, Delhi Bank, and Uwharrie Capital. PT Bank Rakyat Indonesia Tbk provides various banking products and services in Indonesia, Singapore, Timor Leste, Hong K... More
PT Bank 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 PT Bank's pink sheet 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 PT Bank Rakyat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 34.05 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 9.38 |
PT Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Bank's standard deviation. In reality, there are many statistical measures that can use PT Bank historical prices to predict the future PT Bank's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | 0.4361 |
PT Bank Rakyat Backtested Returns
PT Bank Rakyat retains Efficiency (Sharpe Ratio) of -0.0625, which implies the firm had a -0.0625% return per unit of price deviation over the last 3 months. PT Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Bank's information ratio of (0.09), and Market Risk Adjusted Performance of 0.4461 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT Bank are expected to decrease at a much lower rate. During the bear market, PT Bank is likely to outperform the market. At this point, PT Bank Rakyat has a negative expected return of -0.34%. Please make sure to check PT Bank's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if PT Bank Rakyat performance from the past will be repeated at some future date.
Auto-correlation | 0.59 |
Modest predictability
PT Bank Rakyat has modest predictability. Overlapping area represents the amount of predictability between PT Bank time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 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 PT Bank Rakyat price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current PT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Bank Rakyat lagged returns against current returns
Autocorrelation, which is PT Bank pink sheet'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 PT Bank's pink sheet expected returns. We can calculate the autocorrelation of PT Bank returns to help us make a trade decision. For example, suppose you find that PT Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PT Bank 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 PT Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PT Bank Lagged Returns
When evaluating PT Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Bank pink sheet have on its future price. PT Bank 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, PT Bank autocorrelation shows the relationship between PT Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PT Bank Rakyat.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BKRKF Pink Sheet
PT Bank financial ratios help investors to determine whether BKRKF Pink Sheet 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 BKRKF with respect to the benefits of owning PT Bank security.