Bank Cimb (Indonesia) Market Value
| BNGA Stock | IDR 1,665 10.00 0.60% |
| Symbol | Bank |
Bank Cimb '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 Cimb'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 Cimb.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bank Cimb on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Cimb Niaga or generate 0.0% return on investment in Bank Cimb over 90 days. Bank Cimb is related to or competes with Bank Danamon, Bank Maybank, Bank Pan, Indosat Tbk, and Bank Permata. More
Bank Cimb 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 Cimb'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 Cimb Niaga upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0035 | |||
| Maximum Drawdown | 5.99 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.85 |
Bank Cimb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Cimb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Cimb's standard deviation. In reality, there are many statistical measures that can use Bank Cimb historical prices to predict the future Bank Cimb's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.0503 | |||
| Treynor Ratio | 0.5824 |
Bank Cimb Niaga Backtested Returns
Bank Cimb Niaga secures Sharpe Ratio (or Efficiency) of -0.0545, which signifies that the company had a -0.0545 % return per unit of risk over the last 3 months. Bank Cimb Niaga exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Cimb's Standard Deviation of 1.24, mean deviation of 0.984, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Cimb are expected to decrease at a much lower rate. During the bear market, Bank Cimb is likely to outperform the market. At this point, Bank Cimb Niaga has a negative expected return of -0.0682%. Please make sure to confirm Bank Cimb's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Bank Cimb Niaga performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Bank Cimb Niaga has modest reverse predictability. Overlapping area represents the amount of predictability between Bank Cimb 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 Cimb Niaga price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Bank Cimb price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1048.83 |
Bank Cimb Niaga lagged returns against current returns
Autocorrelation, which is Bank Cimb 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 Cimb's stock expected returns. We can calculate the autocorrelation of Bank Cimb returns to help us make a trade decision. For example, suppose you find that Bank Cimb 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 Cimb 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 Cimb stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Cimb stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Cimb stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Cimb Lagged Returns
When evaluating Bank Cimb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Cimb stock have on its future price. Bank Cimb 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 Cimb autocorrelation shows the relationship between Bank Cimb stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Cimb Niaga.
Regressed Prices |
| Timeline |
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Bank Cimb 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 Cimb security.