Arkha Jayanti (Indonesia) Market Value
| ARKA Stock | IDR 17.00 1.00 6.25% |
| Symbol | Arkha |
Arkha Jayanti '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 Arkha Jayanti'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 Arkha Jayanti.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Arkha Jayanti on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Arkha Jayanti Persada or generate 0.0% return on investment in Arkha Jayanti over 720 days. Arkha Jayanti is related to or competes with Berkah Prima, Jasnita Telekomindo, Darmi Bersaudara, Agro Yasa, and Communication Cable. PT Arkha Jayanti Persada Tbk provides solutions for parts and components More
Arkha Jayanti 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 Arkha Jayanti'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 Arkha Jayanti Persada upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 |
Arkha Jayanti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkha Jayanti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkha Jayanti's standard deviation. In reality, there are many statistical measures that can use Arkha Jayanti historical prices to predict the future Arkha Jayanti's volatility.| Risk Adjusted Performance | 0.0022 | |||
| Jensen Alpha | 0.0066 | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 0.1014 |
Arkha Jayanti Persada Backtested Returns
Arkha Jayanti Persada secures Sharpe Ratio (or Efficiency) of -0.0094, which signifies that the company had a -0.0094% return per unit of risk over the last 3 months. Arkha Jayanti Persada exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arkha Jayanti's Mean Deviation of 3.58, standard deviation of 5.07, and Risk Adjusted Performance of 0.0022 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Arkha Jayanti are expected to decrease at a much lower rate. During the bear market, Arkha Jayanti is likely to outperform the market. At this point, Arkha Jayanti Persada has a negative expected return of -0.0481%. Please make sure to confirm Arkha Jayanti's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Arkha Jayanti Persada performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Arkha Jayanti Persada has no correlation between past and present. Overlapping area represents the amount of predictability between Arkha Jayanti time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Arkha Jayanti Persada price movement. The serial correlation of 0.0 indicates that just 0.0% of current Arkha Jayanti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 289.81 |
Arkha Jayanti Persada lagged returns against current returns
Autocorrelation, which is Arkha Jayanti 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 Arkha Jayanti's stock expected returns. We can calculate the autocorrelation of Arkha Jayanti returns to help us make a trade decision. For example, suppose you find that Arkha Jayanti 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 |
Arkha Jayanti 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 Arkha Jayanti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkha Jayanti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arkha Jayanti stock over time.
Current vs Lagged Prices |
| Timeline |
Arkha Jayanti Lagged Returns
When evaluating Arkha Jayanti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkha Jayanti stock have on its future price. Arkha Jayanti 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, Arkha Jayanti autocorrelation shows the relationship between Arkha Jayanti stock current value and its past values and can show if there is a momentum factor associated with investing in Arkha Jayanti Persada.
Regressed Prices |
| Timeline |
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Arkha Jayanti financial ratios help investors to determine whether Arkha 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 Arkha with respect to the benefits of owning Arkha Jayanti security.