PT Aneka (Germany) Market Value
| AKTA Stock | 0.13 0.05 60.49% |
| Symbol | AKTA |
PT Aneka '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 Aneka'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 Aneka.
| 08/30/2024 |
| 02/26/2025 |
If you would invest 0.00 in PT Aneka on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding PT Aneka Tambang or generate 0.0% return on investment in PT Aneka over 180 days.
PT Aneka 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 Aneka'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 Aneka Tambang upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.48 | |||
| Information Ratio | 0.0432 | |||
| Maximum Drawdown | 75.65 | |||
| Value At Risk | (10.84) | |||
| Potential Upside | 10.42 |
PT Aneka Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Aneka's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Aneka's standard deviation. In reality, there are many statistical measures that can use PT Aneka historical prices to predict the future PT Aneka's volatility.| Risk Adjusted Performance | 0.0422 | |||
| Jensen Alpha | 0.402 | |||
| Total Risk Alpha | 0.3351 | |||
| Sortino Ratio | 0.0373 | |||
| Treynor Ratio | (0.33) |
PT Aneka Tambang Backtested Returns
PT Aneka is out of control given 3 months investment horizon. PT Aneka Tambang 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 were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use PT Aneka Tambang standard deviation of 9.05, and Market Risk Adjusted Performance of (0.32) to evaluate company specific risk that cannot be diversified away. PT Aneka holds a performance score of 10 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -1.21, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PT Aneka are expected to decrease by larger amounts. On the other hand, during market turmoil, PT Aneka is expected to outperform it. Use PT Aneka Tambang semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on PT Aneka Tambang.
Auto-correlation | 0.14 |
Insignificant predictability
PT Aneka Tambang has insignificant predictability. Overlapping area represents the amount of predictability between PT Aneka time series from 30th of August 2024 to 28th of November 2024 and 28th of November 2024 to 26th of February 2025. 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 Aneka Tambang price movement. The serial correlation of 0.14 indicates that less than 14.0% of current PT Aneka price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Aneka Tambang lagged returns against current returns
Autocorrelation, which is PT Aneka 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 Aneka's stock expected returns. We can calculate the autocorrelation of PT Aneka returns to help us make a trade decision. For example, suppose you find that PT Aneka 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 Aneka 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 Aneka stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Aneka stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Aneka stock over time.
Current vs Lagged Prices |
| Timeline |
PT Aneka Lagged Returns
When evaluating PT Aneka's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Aneka stock have on its future price. PT Aneka 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 Aneka autocorrelation shows the relationship between PT Aneka stock current value and its past values and can show if there is a momentum factor associated with investing in PT Aneka Tambang.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AKTA Stock Analysis
When running PT Aneka's price analysis, check to measure PT Aneka'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 Aneka is operating at the current time. Most of PT Aneka's value examination focuses on studying past and present price action to predict the probability of PT Aneka'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 Aneka's price. Additionally, you may evaluate how the addition of PT Aneka to your portfolios can decrease your overall portfolio volatility.