Bintang Samudera (Indonesia) Market Value
| BSML Stock | 130.00 4.00 3.17% |
| Symbol | Bintang |
Bintang Samudera '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 Bintang Samudera'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 Bintang Samudera.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Bintang Samudera on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Bintang Samudera Mandiri or generate 0.0% return on investment in Bintang Samudera over 720 days. Bintang Samudera is related to or competes with Bank Central, Bank Rakyat, Bayan Resources, Bank Mandiri, Astra International, Chandra Asri, and Bank Negara. More
Bintang Samudera 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 Bintang Samudera'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 Bintang Samudera Mandiri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.6 | |||
| Information Ratio | 0.0876 | |||
| Maximum Drawdown | 24.34 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 5.05 |
Bintang Samudera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bintang Samudera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bintang Samudera's standard deviation. In reality, there are many statistical measures that can use Bintang Samudera historical prices to predict the future Bintang Samudera's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.5427 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0657 | |||
| Treynor Ratio | (0.30) |
Bintang Samudera Mandiri Backtested Returns
Bintang Samudera appears to be very steady, given 3 months investment horizon. Bintang Samudera Mandiri secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bintang Samudera Mandiri, which you can use to evaluate the volatility of the firm. Please makes use of Bintang Samudera's Downside Deviation of 4.6, mean deviation of 2.19, and Risk Adjusted Performance of 0.0951 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bintang Samudera holds a performance score of 9. The firm shows a Beta (market volatility) of -1.36, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bintang Samudera are expected to decrease by larger amounts. On the other hand, during market turmoil, Bintang Samudera is expected to outperform it. Please check Bintang Samudera's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bintang Samudera's price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Bintang Samudera Mandiri has very good predictability. Overlapping area represents the amount of predictability between Bintang Samudera time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Bintang Samudera Mandiri price movement. The serial correlation of 0.83 indicates that around 83.0% of current Bintang Samudera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1105.27 |
Bintang Samudera Mandiri lagged returns against current returns
Autocorrelation, which is Bintang Samudera 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 Bintang Samudera's stock expected returns. We can calculate the autocorrelation of Bintang Samudera returns to help us make a trade decision. For example, suppose you find that Bintang Samudera 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 |
Bintang Samudera 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 Bintang Samudera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bintang Samudera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bintang Samudera stock over time.
Current vs Lagged Prices |
| Timeline |
Bintang Samudera Lagged Returns
When evaluating Bintang Samudera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bintang Samudera stock have on its future price. Bintang Samudera 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, Bintang Samudera autocorrelation shows the relationship between Bintang Samudera stock current value and its past values and can show if there is a momentum factor associated with investing in Bintang Samudera Mandiri.
Regressed Prices |
| Timeline |
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Bintang Samudera financial ratios help investors to determine whether Bintang 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 Bintang with respect to the benefits of owning Bintang Samudera security.