Bhakti Multi (Indonesia) Market Value
| BHAT Stock | IDR 450.00 2.00 0.45% |
| Symbol | Bhakti |
Bhakti Multi '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 Bhakti Multi'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 Bhakti Multi.
| 12/21/2023 |
| 12/15/2024 |
If you would invest 0.00 in Bhakti Multi on December 21, 2023 and sell it all today you would earn a total of 0.00 from holding Bhakti Multi Artha or generate 0.0% return on investment in Bhakti Multi over 360 days. Bhakti Multi is related to or competes with Metro Healthcare, Bintang Oto, Surya Permata, Capital Financial, and Pacific Strategic. PT Bhakti Multi Artha Tbk, through its subsidiaries, provides financial solutions in Indonesia More
Bhakti Multi 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 Bhakti Multi'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 Bhakti Multi Artha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 11.99 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 0.9804 |
Bhakti Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bhakti Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bhakti Multi's standard deviation. In reality, there are many statistical measures that can use Bhakti Multi historical prices to predict the future Bhakti Multi's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 5.16 |
Bhakti Multi Artha Backtested Returns
Bhakti Multi Artha secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Bhakti Multi Artha exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bhakti Multi's mean deviation of 0.6832, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0339, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bhakti Multi are expected to decrease at a much lower rate. During the bear market, Bhakti Multi is likely to outperform the market. At this point, Bhakti Multi Artha has a negative expected return of -0.2%. Please make sure to confirm Bhakti Multi's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Bhakti Multi Artha performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Bhakti Multi Artha has poor reverse predictability. Overlapping area represents the amount of predictability between Bhakti Multi time series from 21st of December 2023 to 18th of June 2024 and 18th of June 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 Bhakti Multi Artha price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Bhakti Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 2901.91 |
Bhakti Multi Artha lagged returns against current returns
Autocorrelation, which is Bhakti Multi 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 Bhakti Multi's stock expected returns. We can calculate the autocorrelation of Bhakti Multi returns to help us make a trade decision. For example, suppose you find that Bhakti Multi 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 |
Bhakti Multi 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 Bhakti Multi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bhakti Multi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bhakti Multi stock over time.
Current vs Lagged Prices |
| Timeline |
Bhakti Multi Lagged Returns
When evaluating Bhakti Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bhakti Multi stock have on its future price. Bhakti Multi 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, Bhakti Multi autocorrelation shows the relationship between Bhakti Multi stock current value and its past values and can show if there is a momentum factor associated with investing in Bhakti Multi Artha.
Regressed Prices |
| Timeline |
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Bhakti Multi financial ratios help investors to determine whether Bhakti 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 Bhakti with respect to the benefits of owning Bhakti Multi security.