PT Janu (Indonesia) Market Value
| AYAM Stock | 149.00 1.00 0.68% |
| Symbol | AYAM |
PT Janu '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 Janu'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 Janu.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in PT Janu on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding PT Janu Putra or generate 0.0% return on investment in PT Janu over 720 days.
PT Janu 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 Janu'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 Janu Putra upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0643 | |||
| Maximum Drawdown | 22.76 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.5 |
PT Janu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Janu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Janu's standard deviation. In reality, there are many statistical measures that can use PT Janu historical prices to predict the future PT Janu's volatility.| Risk Adjusted Performance | 0.0912 | |||
| Jensen Alpha | 0.2738 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0836 | |||
| Treynor Ratio | 0.8307 |
PT Janu Putra Backtested Returns
PT Janu appears to be very steady, given 3 months investment horizon. PT Janu Putra retains Efficiency (Sharpe Ratio) of 0.13, which implies the firm had a 0.13% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PT Janu, which you can use to evaluate the volatility of the company. Please evaluate PT Janu's standard deviation of 3.05, and Market Risk Adjusted Performance of 0.8407 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PT Janu holds a performance score of 9. The company owns a Beta (Systematic Risk) of 0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PT Janu's returns are expected to increase less than the market. However, during the bear market, the loss of holding PT Janu is expected to be smaller as well. Please check PT Janu's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether PT Janu's current price history will revert.
Auto-correlation | 0.24 |
Weak predictability
PT Janu Putra has weak predictability. Overlapping area represents the amount of predictability between PT Janu time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 PT Janu Putra price movement. The serial correlation of 0.24 indicates that over 24.0% of current PT Janu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 13.35 |
PT Janu Putra lagged returns against current returns
Autocorrelation, which is PT Janu 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 Janu's stock expected returns. We can calculate the autocorrelation of PT Janu returns to help us make a trade decision. For example, suppose you find that PT Janu 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 Janu 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 Janu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Janu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Janu stock over time.
Current vs Lagged Prices |
| Timeline |
PT Janu Lagged Returns
When evaluating PT Janu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Janu stock have on its future price. PT Janu 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 Janu autocorrelation shows the relationship between PT Janu stock current value and its past values and can show if there is a momentum factor associated with investing in PT Janu Putra.
Regressed Prices |
| Timeline |
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