Bk Harda (Indonesia) Market Value
| BBHI Stock | IDR 825.00 10.00 1.20% |
| Symbol | BBHI |
Bk Harda '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 Bk Harda'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 Bk Harda.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Bk Harda on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Bk Harda Internasional or generate 0.0% return on investment in Bk Harda over 720 days. Bk Harda is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, and Wahana Ottomitra. PT Bank Harda Internasional Tbk provides various banking products and services in Indonesia More
Bk Harda 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 Bk Harda'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 Bk Harda Internasional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 18.28 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 4.44 |
Bk Harda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bk Harda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bk Harda's standard deviation. In reality, there are many statistical measures that can use Bk Harda historical prices to predict the future Bk Harda's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.4266 |
Bk Harda Internasional Backtested Returns
Bk Harda Internasional retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11% return per unit of price deviation over the last 3 months. Bk Harda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bk Harda's Variance of 6.71, market risk adjusted performance of 0.4366, and Information Ratio of (0.13) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bk Harda are expected to decrease at a much lower rate. During the bear market, Bk Harda is likely to outperform the market. At this point, Bk Harda Internasional has a negative expected return of -0.27%. Please make sure to confirm Bk Harda's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Bk Harda Internasional performance from the past will be repeated at some future date.
Auto-correlation | 0.28 |
Poor predictability
Bk Harda Internasional has poor predictability. Overlapping area represents the amount of predictability between Bk Harda time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 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 Bk Harda Internasional price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Bk Harda price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 23.1 K |
Bk Harda Internasional lagged returns against current returns
Autocorrelation, which is Bk Harda 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 Bk Harda's stock expected returns. We can calculate the autocorrelation of Bk Harda returns to help us make a trade decision. For example, suppose you find that Bk Harda 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 |
Bk Harda 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 Bk Harda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bk Harda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bk Harda stock over time.
Current vs Lagged Prices |
| Timeline |
Bk Harda Lagged Returns
When evaluating Bk Harda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bk Harda stock have on its future price. Bk Harda 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, Bk Harda autocorrelation shows the relationship between Bk Harda stock current value and its past values and can show if there is a momentum factor associated with investing in Bk Harda Internasional.
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 BBHI Stock
Bk Harda financial ratios help investors to determine whether BBHI 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 BBHI with respect to the benefits of owning Bk Harda security.