Benakat Petroleum (Indonesia) Market Value
| BIPI Stock | IDR 87.00 3.00 3.57% |
| Symbol | Benakat |
Benakat Petroleum '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 Benakat Petroleum'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 Benakat Petroleum.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Benakat Petroleum on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Benakat Petroleum Energy or generate 0.0% return on investment in Benakat Petroleum over 30 days. Benakat Petroleum is related to or competes with Weha Transportasi, Mitra Pinasthika, Jakarta Int, Asuransi Harta, Indosterling Technomedia, Indosat Tbk, and Bank Negara. More
Benakat Petroleum 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 Benakat Petroleum'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 Benakat Petroleum Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.1017 | |||
| Maximum Drawdown | 34.54 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 10.0 |
Benakat Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benakat Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benakat Petroleum's standard deviation. In reality, there are many statistical measures that can use Benakat Petroleum historical prices to predict the future Benakat Petroleum's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 0.757 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1219 | |||
| Treynor Ratio | (0.49) |
Benakat Petroleum Energy Backtested Returns
Benakat Petroleum appears to be very steady, given 3 months investment horizon. Benakat Petroleum Energy secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Benakat Petroleum's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of Benakat Petroleum's Risk Adjusted Performance of 0.103, downside deviation of 4.28, and Mean Deviation of 3.13 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Benakat Petroleum holds a performance score of 9. The firm shows a Beta (market volatility) of -1.28, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Benakat Petroleum are expected to decrease by larger amounts. On the other hand, during market turmoil, Benakat Petroleum is expected to outperform it. Please check Benakat Petroleum's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Benakat Petroleum's price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Benakat Petroleum Energy has virtually no predictability. Overlapping area represents the amount of predictability between Benakat Petroleum time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Benakat Petroleum Energy price movement. The serial correlation of 0.01 indicates that just 1.0% of current Benakat Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 45.17 |
Benakat Petroleum Energy lagged returns against current returns
Autocorrelation, which is Benakat Petroleum 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 Benakat Petroleum's stock expected returns. We can calculate the autocorrelation of Benakat Petroleum returns to help us make a trade decision. For example, suppose you find that Benakat Petroleum 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 |
Benakat Petroleum 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 Benakat Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benakat Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Benakat Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Benakat Petroleum Lagged Returns
When evaluating Benakat Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benakat Petroleum stock have on its future price. Benakat Petroleum 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, Benakat Petroleum autocorrelation shows the relationship between Benakat Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Benakat Petroleum Energy.
Regressed Prices |
| Timeline |
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Benakat Petroleum financial ratios help investors to determine whether Benakat 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 Benakat with respect to the benefits of owning Benakat Petroleum security.