Betonjaya Manunggal (Indonesia) Market Value
| BTON Stock | IDR 410.00 0.00 0.00% |
| Symbol | Betonjaya |
Betonjaya Manunggal '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 Betonjaya Manunggal'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 Betonjaya Manunggal.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Betonjaya Manunggal on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Betonjaya Manunggal Tbk or generate 0.0% return on investment in Betonjaya Manunggal over 90 days. Betonjaya Manunggal is related to or competes with Alumindo Light, Duta Pertiwi, Berlina Tbk, Asiaplast Industries, and PT Citra. PT Betonjaya Manunggal Tbk manufactures and sells steel round bars in Indonesia More
Betonjaya Manunggal 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 Betonjaya Manunggal'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 Betonjaya Manunggal Tbk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 13.43 | |||
| Value At Risk | (5.86) | |||
| Potential Upside | 5.37 |
Betonjaya Manunggal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Betonjaya Manunggal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betonjaya Manunggal's standard deviation. In reality, there are many statistical measures that can use Betonjaya Manunggal historical prices to predict the future Betonjaya Manunggal's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | 0.1828 | |||
| Treynor Ratio | (0.65) |
Betonjaya Manunggal Tbk Backtested Returns
Betonjaya Manunggal Tbk secures Sharpe Ratio (or Efficiency) of -0.0457, which signifies that the company had a -0.0457 % return per unit of risk over the last 3 months. Betonjaya Manunggal Tbk exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betonjaya Manunggal's Risk Adjusted Performance of (0.03), mean deviation of 1.29, and Standard Deviation of 2.42 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Betonjaya Manunggal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Betonjaya Manunggal is expected to be smaller as well. At this point, Betonjaya Manunggal Tbk has a negative expected return of -0.11%. Please make sure to confirm Betonjaya Manunggal's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Betonjaya Manunggal Tbk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Betonjaya Manunggal Tbk has very weak reverse predictability. Overlapping area represents the amount of predictability between Betonjaya Manunggal 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 Betonjaya Manunggal Tbk price movement. The serial correlation of -0.03 indicates that only 3.0% of current Betonjaya Manunggal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 46.56 |
Betonjaya Manunggal Tbk lagged returns against current returns
Autocorrelation, which is Betonjaya Manunggal 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 Betonjaya Manunggal's stock expected returns. We can calculate the autocorrelation of Betonjaya Manunggal returns to help us make a trade decision. For example, suppose you find that Betonjaya Manunggal 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 |
Betonjaya Manunggal 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 Betonjaya Manunggal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betonjaya Manunggal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betonjaya Manunggal stock over time.
Current vs Lagged Prices |
| Timeline |
Betonjaya Manunggal Lagged Returns
When evaluating Betonjaya Manunggal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betonjaya Manunggal stock have on its future price. Betonjaya Manunggal 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, Betonjaya Manunggal autocorrelation shows the relationship between Betonjaya Manunggal stock current value and its past values and can show if there is a momentum factor associated with investing in Betonjaya Manunggal Tbk.
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 Betonjaya Stock
Betonjaya Manunggal financial ratios help investors to determine whether Betonjaya 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 Betonjaya with respect to the benefits of owning Betonjaya Manunggal security.