Bank Mandiri Persero Stock Market Value
| PPERF Stock | USD 0.39 0.02 5.41% |
| Symbol | Bank |
Bank Mandiri '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 Mandiri's pink sheet 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 Mandiri.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Bank Mandiri on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Bank Mandiri Persero or generate 0.0% return on investment in Bank Mandiri over 30 days. Bank Mandiri is related to or competes with PT Bank, Alpha Services, Piraeus Bank, Eurobank Ergasias, Zions Bancorporation, KeyCorp, and Comerica. PT Bank Mandiri Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore... More
Bank Mandiri 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 Mandiri's pink sheet 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 Mandiri Persero upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.49 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.41 |
Bank Mandiri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Mandiri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Mandiri's standard deviation. In reality, there are many statistical measures that can use Bank Mandiri historical prices to predict the future Bank Mandiri's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.0502 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank Mandiri'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.
Bank Mandiri Persero Backtested Returns
Bank Mandiri Persero secures Sharpe Ratio (or Efficiency) of -0.0076, which signifies that the company had a -0.0076% return per unit of risk over the last 3 months. Bank Mandiri Persero exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank Mandiri's Mean Deviation of 2.99, standard deviation of 4.23, and Risk Adjusted Performance of (0.0003) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.4, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bank Mandiri are expected to decrease by larger amounts. On the other hand, during market turmoil, Bank Mandiri is expected to outperform it. Bank Mandiri Persero has an expected return of -0.0315%. Please make sure to confirm Bank Mandiri Persero potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Bank Mandiri Persero performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Bank Mandiri Persero has weak reverse predictability. Overlapping area represents the amount of predictability between Bank Mandiri time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th 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 Bank Mandiri Persero price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Bank Mandiri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bank Mandiri Persero lagged returns against current returns
Autocorrelation, which is Bank Mandiri pink sheet'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 Mandiri's pink sheet expected returns. We can calculate the autocorrelation of Bank Mandiri returns to help us make a trade decision. For example, suppose you find that Bank Mandiri has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Mandiri 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 Mandiri pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Mandiri pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Mandiri pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bank Mandiri Lagged Returns
When evaluating Bank Mandiri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Mandiri pink sheet have on its future price. Bank Mandiri 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 Mandiri autocorrelation shows the relationship between Bank Mandiri pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bank Mandiri Persero.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank Mandiri in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank Mandiri's short interest history, or implied volatility extrapolated from Bank Mandiri options trading.
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Align your risk with return expectations
Check out Bank Mandiri Correlation, Bank Mandiri Volatility and Bank Mandiri Alpha and Beta module to complement your research on Bank Mandiri. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Bank Pink Sheet analysis
When running Bank Mandiri's price analysis, check to measure Bank Mandiri'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 Bank Mandiri is operating at the current time. Most of Bank Mandiri's value examination focuses on studying past and present price action to predict the probability of Bank Mandiri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Mandiri's price. Additionally, you may evaluate how the addition of Bank Mandiri to your portfolios can decrease your overall portfolio volatility.
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Bank Mandiri technical pink sheet 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, pink sheet market cycles, or different charting patterns.