PT Bayan (Germany) Market Value
| BNB Stock | EUR 1.20 0.01 0.83% |
| Symbol | BNB |
PT Bayan '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 PT Bayan'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 PT Bayan.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in PT Bayan on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding PT Bayan Resources or generate 0.0% return on investment in PT Bayan over 90 days. PT Bayan is related to or competes with China Shenhua, Yanzhou Coal, PT Adaro, Yancoal Australia, Peabody Energy, and New Hope. PT Bayan Resources Tbk, together with its subsidiaries, engages in the open cut mining and sale of coal in Kalimantan More
PT Bayan 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 PT Bayan'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 PT Bayan Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.73 | |||
| Information Ratio | 0.111 | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 6.19 |
PT Bayan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Bayan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Bayan's standard deviation. In reality, there are many statistical measures that can use PT Bayan historical prices to predict the future PT Bayan's volatility.| Risk Adjusted Performance | 0.1036 | |||
| Jensen Alpha | 0.4495 | |||
| Total Risk Alpha | 0.1573 | |||
| Sortino Ratio | 0.0945 | |||
| Treynor Ratio | (0.61) |
PT Bayan Resources Backtested Returns
PT Bayan appears to be dangerous, given 3 months investment horizon. PT Bayan Resources retains Efficiency (Sharpe Ratio) of 0.14, which implies the firm had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for PT Bayan, which you can use to evaluate the volatility of the company. Please evaluate PT Bayan's standard deviation of 3.18, and Market Risk Adjusted Performance of (0.60) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT Bayan holds a performance score of 11. The company owns a Beta (Systematic Risk) of -0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PT Bayan are expected to decrease at a much lower rate. During the bear market, PT Bayan is likely to outperform the market. Please check PT Bayan's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether PT Bayan's current price history will revert.
Auto-correlation | 0.26 |
Poor predictability
PT Bayan Resources has poor predictability. Overlapping area represents the amount of predictability between PT Bayan time series from 19th of September 2024 to 3rd of November 2024 and 3rd of November 2024 to 18th 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 PT Bayan Resources price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current PT Bayan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PT Bayan Resources lagged returns against current returns
Autocorrelation, which is PT Bayan 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 PT Bayan's stock expected returns. We can calculate the autocorrelation of PT Bayan returns to help us make a trade decision. For example, suppose you find that PT Bayan 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 |
PT Bayan 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 PT Bayan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Bayan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Bayan stock over time.
Current vs Lagged Prices |
| Timeline |
PT Bayan Lagged Returns
When evaluating PT Bayan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Bayan stock have on its future price. PT Bayan 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, PT Bayan autocorrelation shows the relationship between PT Bayan stock current value and its past values and can show if there is a momentum factor associated with investing in PT Bayan Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BNB Stock
PT Bayan financial ratios help investors to determine whether BNB 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 BNB with respect to the benefits of owning PT Bayan security.