Bank Ganesha (Indonesia) Market Value
| BGTG Stock | IDR 82.00 1.00 1.20% |
| Symbol | Bank |
Bank Ganesha '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 Ganesha'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 Bank Ganesha.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Bank Ganesha on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Bank Ganesha Tbk or generate 0.0% return on investment in Bank Ganesha over 360 days. Bank Ganesha is related to or competes with Paninvest Tbk, Maskapai Reasuransi, Panin Sekuritas, and Wahana Ottomitra. More
Bank Ganesha 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 Ganesha'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 Bank Ganesha Tbk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0927 | |||
| Maximum Drawdown | 27.84 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 5.56 |
Bank Ganesha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Ganesha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Ganesha's standard deviation. In reality, there are many statistical measures that can use Bank Ganesha historical prices to predict the future Bank Ganesha's volatility.| Risk Adjusted Performance | 0.0939 | |||
| Jensen Alpha | 0.3943 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.153 | |||
| Treynor Ratio | 0.6766 |
Bank Ganesha Tbk Backtested Returns
Bank Ganesha appears to be very steady, given 3 months investment horizon. Bank Ganesha Tbk secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Ganesha Tbk, which you can use to evaluate the volatility of the firm. Please makes use of Bank Ganesha's Risk Adjusted Performance of 0.0939, downside deviation of 2.38, and Mean Deviation of 2.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bank Ganesha holds a performance score of 8. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bank Ganesha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank Ganesha is expected to be smaller as well. Please check Bank Ganesha's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bank Ganesha's price patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Bank Ganesha Tbk has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bank Ganesha time series from 20th of December 2023 to 17th of June 2024 and 17th 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 Ganesha Tbk price movement. The serial correlation of -0.72 indicates that around 72.0% of current Bank Ganesha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 69.63 |
Bank Ganesha Tbk lagged returns against current returns
Autocorrelation, which is Bank Ganesha 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 Ganesha's stock expected returns. We can calculate the autocorrelation of Bank Ganesha returns to help us make a trade decision. For example, suppose you find that Bank Ganesha 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 Ganesha 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 Ganesha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Ganesha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Ganesha stock over time.
Current vs Lagged Prices |
| Timeline |
Bank Ganesha Lagged Returns
When evaluating Bank Ganesha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Ganesha stock have on its future price. Bank Ganesha 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 Ganesha autocorrelation shows the relationship between Bank Ganesha stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Ganesha Tbk.
Regressed Prices |
| Timeline |
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Bank Ganesha 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 Ganesha security.