Bumi Teknokultura (Indonesia) Market Value
| BTEK Stock | IDR 4.00 1.00 33.33% |
| Symbol | Bumi |
Bumi Teknokultura '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 Bumi Teknokultura'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 Bumi Teknokultura.
| 02/20/2024 |
| 05/20/2024 |
If you would invest 0.00 in Bumi Teknokultura on February 20, 2024 and sell it all today you would earn a total of 0.00 from holding Bumi Teknokultura Unggul or generate 0.0% return on investment in Bumi Teknokultura over 90 days. Bumi Teknokultura is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, and Mustika Ratu. More
Bumi Teknokultura 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 Bumi Teknokultura'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 Bumi Teknokultura Unggul upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 33.33 | |||
| Value At Risk | (14.29) |
Bumi Teknokultura Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bumi Teknokultura's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bumi Teknokultura's standard deviation. In reality, there are many statistical measures that can use Bumi Teknokultura historical prices to predict the future Bumi Teknokultura's volatility.| Risk Adjusted Performance | (0.27) | |||
| Jensen Alpha | (3.62) | |||
| Total Risk Alpha | (4.62) | |||
| Treynor Ratio | (2.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bumi Teknokultura's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bumi Teknokultura Unggul Backtested Returns
Bumi Teknokultura Unggul secures Sharpe Ratio (or Efficiency) of -0.55, which signifies that the company had a -0.55% return per unit of risk over the last 3 months. Bumi Teknokultura Unggul exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bumi Teknokultura's Mean Deviation of 5.24, risk adjusted performance of (0.27), and Standard Deviation of 7.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.36, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bumi Teknokultura will likely underperform. Bumi Teknokultura Unggul has an expected return of -4.35%. Please make sure to confirm Bumi Teknokultura Unggul treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Bumi Teknokultura Unggul performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Bumi Teknokultura Unggul has weak predictability. Overlapping area represents the amount of predictability between Bumi Teknokultura time series from 20th of February 2024 to 5th of April 2024 and 5th of April 2024 to 20th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bumi Teknokultura Unggul price movement. The serial correlation of 0.22 indicates that over 22.0% of current Bumi Teknokultura price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 33.39 |
Bumi Teknokultura Unggul lagged returns against current returns
Autocorrelation, which is Bumi Teknokultura 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 Bumi Teknokultura's stock expected returns. We can calculate the autocorrelation of Bumi Teknokultura returns to help us make a trade decision. For example, suppose you find that Bumi Teknokultura 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 |
Bumi Teknokultura 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 Bumi Teknokultura stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bumi Teknokultura stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bumi Teknokultura stock over time.
Current vs Lagged Prices |
| Timeline |
Bumi Teknokultura Lagged Returns
When evaluating Bumi Teknokultura's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bumi Teknokultura stock have on its future price. Bumi Teknokultura 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, Bumi Teknokultura autocorrelation shows the relationship between Bumi Teknokultura stock current value and its past values and can show if there is a momentum factor associated with investing in Bumi Teknokultura Unggul.
Regressed Prices |
| Timeline |
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Check out Bumi Teknokultura Correlation, Bumi Teknokultura Volatility and Bumi Teknokultura Alpha and Beta module to complement your research on Bumi Teknokultura. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Bumi Stock analysis
When running Bumi Teknokultura's price analysis, check to measure Bumi Teknokultura'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 Bumi Teknokultura is operating at the current time. Most of Bumi Teknokultura's value examination focuses on studying past and present price action to predict the probability of Bumi Teknokultura's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bumi Teknokultura's price. Additionally, you may evaluate how the addition of Bumi Teknokultura to your portfolios can decrease your overall portfolio volatility.
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Bumi Teknokultura technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.