Bank Sinarmas (Indonesia) Market Value
| BSIM Stock | IDR 840.00 15.00 1.75% |
| Symbol | Bank |
Bank Sinarmas '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 Sinarmas' 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 Sinarmas.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in Bank Sinarmas on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Sinarmas Tbk or generate 0.0% return on investment in Bank Sinarmas over 720 days. Bank Sinarmas is related to or competes with Bank Tabungan, Bank Bumi, Bank Permata, Bank Victoria, and Bank Qnb. More
Bank Sinarmas 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 Sinarmas' 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 Sinarmas Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.061 | |||
| Maximum Drawdown | 18.74 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 5.1 |
Bank Sinarmas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Sinarmas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Sinarmas' standard deviation. In reality, there are many statistical measures that can use Bank Sinarmas historical prices to predict the future Bank Sinarmas' volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 0.172 | |||
| Total Risk Alpha | 0.1985 | |||
| Sortino Ratio | 0.0641 | |||
| Treynor Ratio | (1.64) |
Bank Sinarmas Tbk Backtested Returns
Bank Sinarmas appears to be very steady, given 3 months investment horizon. Bank Sinarmas Tbk secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank Sinarmas Tbk, which you can use to evaluate the volatility of the firm. Please makes use of Bank Sinarmas' Risk Adjusted Performance of 0.0533, mean deviation of 1.7, and Downside Deviation of 2.8 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Sinarmas holds a performance score of 8. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank Sinarmas are expected to decrease at a much lower rate. During the bear market, Bank Sinarmas is likely to outperform the market. Please check Bank Sinarmas' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bank Sinarmas' price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
Bank Sinarmas Tbk has virtually no predictability. Overlapping area represents the amount of predictability between Bank Sinarmas time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 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 Sinarmas Tbk price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Bank Sinarmas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 3403.78 |
Bank Sinarmas Tbk lagged returns against current returns
Autocorrelation, which is Bank Sinarmas 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 Sinarmas' stock expected returns. We can calculate the autocorrelation of Bank Sinarmas returns to help us make a trade decision. For example, suppose you find that Bank Sinarmas 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 Sinarmas 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 Sinarmas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Sinarmas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Sinarmas stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Sinarmas Lagged Returns
When evaluating Bank Sinarmas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Sinarmas stock have on its future price. Bank Sinarmas 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 Sinarmas autocorrelation shows the relationship between Bank Sinarmas stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Sinarmas Tbk.
Regressed Prices |
| Timeline |
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Bank Sinarmas 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 Sinarmas security.