PT Indo (Germany) Market Value
| 3IB Stock | 1.58 0.01 0.63% |
| Symbol | 3IB |
PT Indo '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 Indo'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 Indo.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in PT Indo on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding PT Indo Tambangraya or generate 0.0% return on investment in PT Indo over 180 days. PT Indo is related to or competes with REVO INSURANCE, Goosehead Insurance, HANOVER INSURANCE, CVS Health, National Health, Cardinal Health, and Singapore Reinsurance. More
PT Indo 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 Indo'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 Indo Tambangraya upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.14 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 20.71 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.41 |
PT Indo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Indo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Indo's standard deviation. In reality, there are many statistical measures that can use PT Indo historical prices to predict the future PT Indo's volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.5342 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PT Indo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PT Indo Tambangraya Backtested Returns
Currently, PT Indo Tambangraya is dangerous. PT Indo Tambangraya retains Efficiency (Sharpe Ratio) of 0.0408, which implies the firm had a 0.0408% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for PT Indo, which you can use to evaluate the volatility of the company. Please check PT Indo's standard deviation of 3.07, and Market Risk Adjusted Performance of 0.5442 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. PT Indo has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, PT Indo's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Indo is expected to be smaller as well. PT Indo Tambangraya at this moment owns a risk of 3.09%. Please check PT Indo Tambangraya sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if PT Indo Tambangraya will be following its current price history.
Auto-correlation | -0.08 |
Very weak reverse predictability
PT Indo Tambangraya has very weak reverse predictability. Overlapping area represents the amount of predictability between PT Indo time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Indo Tambangraya price movement. The serial correlation of -0.08 indicates that barely 8.0% of current PT Indo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Indo Tambangraya lagged returns against current returns
Autocorrelation, which is PT Indo 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 Indo's stock expected returns. We can calculate the autocorrelation of PT Indo returns to help us make a trade decision. For example, suppose you find that PT Indo 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 Indo 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 Indo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Indo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Indo stock over time.
Current vs Lagged Prices |
| Timeline |
PT Indo Lagged Returns
When evaluating PT Indo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Indo stock have on its future price. PT Indo 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 Indo autocorrelation shows the relationship between PT Indo stock current value and its past values and can show if there is a momentum factor associated with investing in PT Indo Tambangraya.
Regressed Prices |
| Timeline |
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Additional Tools for 3IB Stock Analysis
When running PT Indo's price analysis, check to measure PT Indo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PT Indo is operating at the current time. Most of PT Indo's value examination focuses on studying past and present price action to predict the probability of PT Indo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Indo's price. Additionally, you may evaluate how the addition of PT Indo to your portfolios can decrease your overall portfolio volatility.