Bali Towerindo (Indonesia) Market Value
| BALI Stock | IDR 1,380 105.00 7.07% |
| Symbol | Bali |
Bali Towerindo '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 Bali Towerindo'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 Bali Towerindo.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Bali Towerindo on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bali Towerindo Sentra or generate 0.0% return on investment in Bali Towerindo over 90 days. Bali Towerindo is related to or competes with Mnc Land, MNC Vision, Link Net, and Medikaloka Hermina. PT Bali Towerindo Sentra Tbk, together with its subsidiaries, provides telecommunication infrastructure services in Indo... More
Bali Towerindo 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 Bali Towerindo'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 Bali Towerindo Sentra upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.92 | |||
| Information Ratio | 0.2086 | |||
| Maximum Drawdown | 27.83 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 5.0 |
Bali Towerindo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bali Towerindo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bali Towerindo's standard deviation. In reality, there are many statistical measures that can use Bali Towerindo historical prices to predict the future Bali Towerindo's volatility.| Risk Adjusted Performance | 0.1785 | |||
| Jensen Alpha | 0.8621 | |||
| Total Risk Alpha | 0.409 | |||
| Sortino Ratio | 0.2009 | |||
| Treynor Ratio | 4.76 |
Bali Towerindo Sentra Backtested Returns
Bali Towerindo appears to be very steady, given 3 months investment horizon. Bali Towerindo Sentra secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Bali Towerindo's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please makes use of Bali Towerindo's Risk Adjusted Performance of 0.1785, mean deviation of 2.39, and Downside Deviation of 3.92 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bali Towerindo holds a performance score of 19. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bali Towerindo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bali Towerindo is expected to be smaller as well. Please check Bali Towerindo's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Bali Towerindo's price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Bali Towerindo Sentra has good predictability. Overlapping area represents the amount of predictability between Bali Towerindo time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th 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 Bali Towerindo Sentra price movement. The serial correlation of 0.72 indicates that around 72.0% of current Bali Towerindo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 45.9 K |
Bali Towerindo Sentra lagged returns against current returns
Autocorrelation, which is Bali Towerindo 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 Bali Towerindo's stock expected returns. We can calculate the autocorrelation of Bali Towerindo returns to help us make a trade decision. For example, suppose you find that Bali Towerindo 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 |
Bali Towerindo 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 Bali Towerindo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bali Towerindo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bali Towerindo stock over time.
Current vs Lagged Prices |
| Timeline |
Bali Towerindo Lagged Returns
When evaluating Bali Towerindo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bali Towerindo stock have on its future price. Bali Towerindo 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, Bali Towerindo autocorrelation shows the relationship between Bali Towerindo stock current value and its past values and can show if there is a momentum factor associated with investing in Bali Towerindo Sentra.
Regressed Prices |
| Timeline |
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Bali Towerindo financial ratios help investors to determine whether Bali 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 Bali with respect to the benefits of owning Bali Towerindo security.