PT Bank (Germany) Market Value
| BZG2 Stock | EUR 0.50 0.02 4.17% |
| Symbol | BZG2 |
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 Central or generate 0.0% return on investment in PT Bank over 90 days. PT Bank is related to or competes with Linedata Services, DATATEC, Cass Information, DATA MODUL, FUYO GENERAL, and Datang International. PT Bank Central Asia Tbk provides banking products and services to individual, corporate, and small and medium enterpris... 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 Central upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 23.19 | |||
| Value At Risk | (7.27) | |||
| Potential Upside | 8.62 |
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 | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | 0.4335 | |||
| Treynor Ratio | 0.1753 |
PT Bank Central Backtested Returns
PT Bank Central retains Efficiency (Sharpe Ratio) of -0.0254, which implies the firm had a -0.0254 % return per unit of price deviation over the last 3 months. PT Bank exposes twenty-one 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 0.1853, and Information Ratio of (0.01) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.87, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning PT Bank are expected to decrease slowly. On the other hand, during market turmoil, PT Bank is expected to outperform it slightly. At this point, PT Bank Central has a negative expected return of -0.11%. Please make sure to check PT Bank's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if PT Bank Central performance from the past will be repeated at some future date.
Auto-correlation | 0.63 |
Good predictability
PT Bank Central has good 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 Central price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current PT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Bank Central 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 Central.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BZG2 Stock
PT Bank financial ratios help investors to determine whether BZG2 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 BZG2 with respect to the benefits of owning PT Bank security.