Bank Agris (Indonesia) Market Value
| AGRS Stock | IDR 78.00 1.00 1.30% |
| Symbol | Bank |
Bank Agris '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 Agris' 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 Bank Agris.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Bank Agris on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Agris Tbk or generate 0.0% return on investment in Bank Agris over 390 days. Bank Agris is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, and Wahana Ottomitra. PT Bank Agris Tbk provides banking products and services in Indonesia More
Bank Agris 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 Agris' 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 Bank Agris Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.61 | |||
| Information Ratio | 0.0261 | |||
| Maximum Drawdown | 56.59 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 6.67 |
Bank Agris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Agris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Agris' standard deviation. In reality, there are many statistical measures that can use Bank Agris historical prices to predict the future Bank Agris' volatility.| Risk Adjusted Performance | 0.0405 | |||
| Jensen Alpha | 0.2174 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0264 | |||
| Treynor Ratio | 1.03 |
Bank Agris Tbk Backtested Returns
Bank Agris appears to be very steady, given 3 months investment horizon. Bank Agris Tbk secures Sharpe Ratio (or Efficiency) of 0.041, which signifies that the company had a 0.041% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank Agris Tbk, which you can use to evaluate the volatility of the firm. Please makes use of Bank Agris' Risk Adjusted Performance of 0.0405, mean deviation of 2.53, and Downside Deviation of 5.61 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Agris holds a performance score of 3. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank Agris' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Agris is expected to be smaller as well. Please check Bank Agris' jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Bank Agris' price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Bank Agris Tbk has modest reverse predictability. Overlapping area represents the amount of predictability between Bank Agris time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th of December 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 Agris Tbk price movement. The serial correlation of -0.5 indicates that about 50.0% of current Bank Agris price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 89.68 |
Bank Agris Tbk lagged returns against current returns
Autocorrelation, which is Bank Agris 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 Bank Agris' stock expected returns. We can calculate the autocorrelation of Bank Agris returns to help us make a trade decision. For example, suppose you find that Bank Agris 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 |
Bank Agris 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 Agris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Agris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Agris stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Agris Lagged Returns
When evaluating Bank Agris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Agris stock have on its future price. Bank Agris 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 Agris autocorrelation shows the relationship between Bank Agris stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Agris 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 Bank Stock
Bank Agris financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank Agris security.