Bintang Oto (Indonesia) Market Value
| BOGA Stock | IDR 680.00 30.00 4.23% |
| Symbol | Bintang |
Bintang Oto '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 Bintang Oto'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 Bintang Oto.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bintang Oto on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bintang Oto Global or generate 0.0% return on investment in Bintang Oto over 90 days. Bintang Oto is related to or competes with Surya Permata, Aneka Gas, Buana Listya, and Trisula Textile. More
Bintang Oto 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 Bintang Oto'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 Bintang Oto Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.94 | |||
| Information Ratio | 0.1838 | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 5.79 |
Bintang Oto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bintang Oto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bintang Oto's standard deviation. In reality, there are many statistical measures that can use Bintang Oto historical prices to predict the future Bintang Oto's volatility.| Risk Adjusted Performance | 0.1372 | |||
| Jensen Alpha | 0.42 | |||
| Total Risk Alpha | 0.7843 | |||
| Sortino Ratio | 0.1807 | |||
| Treynor Ratio | (20.90) |
Bintang Oto Global Backtested Returns
Bintang Oto appears to be very steady, given 3 months investment horizon. Bintang Oto Global secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bintang Oto Global, which you can use to evaluate the volatility of the firm. Please makes use of Bintang Oto's Mean Deviation of 2.26, downside deviation of 2.94, and Risk Adjusted Performance of 0.1372 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bintang Oto holds a performance score of 11. The firm shows a Beta (market volatility) of -0.0202, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bintang Oto are expected to decrease at a much lower rate. During the bear market, Bintang Oto is likely to outperform the market. Please check Bintang Oto's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bintang Oto's price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Bintang Oto Global has good predictability. Overlapping area represents the amount of predictability between Bintang Oto time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Bintang Oto Global price movement. The serial correlation of 0.72 indicates that around 72.0% of current Bintang Oto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 2350.07 |
Bintang Oto Global lagged returns against current returns
Autocorrelation, which is Bintang Oto 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 Bintang Oto's stock expected returns. We can calculate the autocorrelation of Bintang Oto returns to help us make a trade decision. For example, suppose you find that Bintang Oto 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 |
Bintang Oto 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 Bintang Oto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bintang Oto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bintang Oto stock over time.
Current vs Lagged Prices |
| Timeline |
Bintang Oto Lagged Returns
When evaluating Bintang Oto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bintang Oto stock have on its future price. Bintang Oto 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, Bintang Oto autocorrelation shows the relationship between Bintang Oto stock current value and its past values and can show if there is a momentum factor associated with investing in Bintang Oto Global.
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 Bintang Stock
Bintang Oto financial ratios help investors to determine whether Bintang 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 Bintang with respect to the benefits of owning Bintang Oto security.