Bukaka Teknik (Indonesia) Market Value
| BUKK Stock | IDR 900.00 20.00 2.17% |
| Symbol | Bukaka |
Bukaka Teknik '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 Bukaka Teknik'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 Bukaka Teknik.
| 09/18/2024 |
| 12/17/2024 |
If you would invest 0.00 in Bukaka Teknik on September 18, 2024 and sell it all today you would earn a total of 0.00 from holding Bukaka Teknik Utama or generate 0.0% return on investment in Bukaka Teknik over 90 days. Bukaka Teknik is related to or competes with Indo Kordsa, Wilmar Cahaya, Citra Marga, Darya Varia, and Cita Mineral. More
Bukaka Teknik 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 Bukaka Teknik'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 Bukaka Teknik Utama upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 1.66 |
Bukaka Teknik Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bukaka Teknik's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bukaka Teknik's standard deviation. In reality, there are many statistical measures that can use Bukaka Teknik historical prices to predict the future Bukaka Teknik's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.3595 |
Bukaka Teknik Utama Backtested Returns
Bukaka Teknik Utama 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. Bukaka Teknik Utama exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bukaka Teknik's Standard Deviation of 1.18, mean deviation of 0.8339, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bukaka Teknik are expected to decrease at a much lower rate. During the bear market, Bukaka Teknik is likely to outperform the market. At this point, Bukaka Teknik Utama has a negative expected return of -0.14%. Please make sure to confirm Bukaka Teknik's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Bukaka Teknik Utama performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Bukaka Teknik Utama has good predictability. Overlapping area represents the amount of predictability between Bukaka Teknik time series from 18th of September 2024 to 2nd of November 2024 and 2nd of November 2024 to 17th 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 Bukaka Teknik Utama price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Bukaka Teknik price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 464.33 |
Bukaka Teknik Utama lagged returns against current returns
Autocorrelation, which is Bukaka Teknik 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 Bukaka Teknik's stock expected returns. We can calculate the autocorrelation of Bukaka Teknik returns to help us make a trade decision. For example, suppose you find that Bukaka Teknik 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 |
Bukaka Teknik 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 Bukaka Teknik stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bukaka Teknik stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bukaka Teknik stock over time.
Current vs Lagged Prices |
| Timeline |
Bukaka Teknik Lagged Returns
When evaluating Bukaka Teknik's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bukaka Teknik stock have on its future price. Bukaka Teknik 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, Bukaka Teknik autocorrelation shows the relationship between Bukaka Teknik stock current value and its past values and can show if there is a momentum factor associated with investing in Bukaka Teknik Utama.
Regressed Prices |
| Timeline |
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Bukaka Teknik financial ratios help investors to determine whether Bukaka 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 Bukaka with respect to the benefits of owning Bukaka Teknik security.