PT Bank (Germany) Market Value
| BYRA Stock | 0.19 0.04 17.39% |
| Symbol | BYRA |
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 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 PT Bank.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in PT Bank on December 16, 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 Alibaba Health, DATALOGIC, Data#3, PARKEN Sport, AcadeMedia, Data Modul, and LINMON MEDIA. 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 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 PT Bank Rakyat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0041 | |||
| Maximum Drawdown | 43.48 | |||
| Value At Risk | (17.39) | |||
| Potential Upside | 12.5 |
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 | 0.001 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.8683 | |||
| Treynor Ratio | 0.0933 |
PT Bank Rakyat Backtested Returns
PT Bank Rakyat retains Efficiency (Sharpe Ratio) of close to zero, which implies the firm had a close to zero % return per unit of price deviation over the last 3 months. PT Bank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Bank's market risk adjusted performance of 0.1033, and Information Ratio of 0.0041 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.84, 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 -0.0509%. Please make sure to check PT Bank's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if PT Bank Rakyat performance from the past will be repeated at some future date.
Auto-correlation | -0.37 |
Poor reverse predictability
PT Bank Rakyat has poor reverse predictability. Overlapping area represents the amount of predictability between PT Bank 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 PT Bank Rakyat price movement. The serial correlation of -0.37 indicates that just about 37.0% of current PT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Bank Rakyat lagged returns against current returns
Autocorrelation, which is PT Bank 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 PT Bank's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bank stock 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 stock 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 stock 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 |
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Additional Tools for BYRA Stock Analysis
When running PT Bank's price analysis, check to measure PT Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PT Bank is operating at the current time. Most of PT Bank's value examination focuses on studying past and present price action to predict the probability of PT Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Bank's price. Additionally, you may evaluate how the addition of PT Bank to your portfolios can decrease your overall portfolio volatility.