Nusa Konstruksi (Indonesia) Market Value
| DGIK Stock | IDR 82.00 1.00 1.20% |
| Symbol | Nusa |
Nusa Konstruksi '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 Nusa Konstruksi'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 Nusa Konstruksi.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Nusa Konstruksi on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Nusa Konstruksi Enjiniring or generate 0.0% return on investment in Nusa Konstruksi over 60 days. Nusa Konstruksi is related to or competes with Sentul City, Gozco Plantations, Bukit Darmo, Total Bangun, and Intiland Development. PT Nusa Konstruksi Enjiniring Tbk operates as a construction and engineering company in Indonesia More
Nusa Konstruksi 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 Nusa Konstruksi'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 Nusa Konstruksi Enjiniring upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.22 |
Nusa Konstruksi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nusa Konstruksi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nusa Konstruksi's standard deviation. In reality, there are many statistical measures that can use Nusa Konstruksi historical prices to predict the future Nusa Konstruksi's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 1.57 |
Nusa Konstruksi Enji Backtested Returns
Nusa Konstruksi Enji has Sharpe Ratio of -0.0319, which conveys that the firm had a -0.0319% return per unit of risk over the last 3 months. Nusa Konstruksi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nusa Konstruksi's Risk Adjusted Performance of (0.03), standard deviation of 1.02, and Mean Deviation of 0.7505 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0377, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nusa Konstruksi are expected to decrease at a much lower rate. During the bear market, Nusa Konstruksi is likely to outperform the market. At this point, Nusa Konstruksi Enji has a negative expected return of -0.033%. Please make sure to verify Nusa Konstruksi's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Nusa Konstruksi Enji performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Nusa Konstruksi Enjiniring has poor reverse predictability. Overlapping area represents the amount of predictability between Nusa Konstruksi time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th 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 Nusa Konstruksi Enji price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Nusa Konstruksi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
Nusa Konstruksi Enji lagged returns against current returns
Autocorrelation, which is Nusa Konstruksi 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 Nusa Konstruksi's stock expected returns. We can calculate the autocorrelation of Nusa Konstruksi returns to help us make a trade decision. For example, suppose you find that Nusa Konstruksi 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 |
Nusa Konstruksi 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 Nusa Konstruksi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nusa Konstruksi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nusa Konstruksi stock over time.
Current vs Lagged Prices |
| Timeline |
Nusa Konstruksi Lagged Returns
When evaluating Nusa Konstruksi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nusa Konstruksi stock have on its future price. Nusa Konstruksi 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, Nusa Konstruksi autocorrelation shows the relationship between Nusa Konstruksi stock current value and its past values and can show if there is a momentum factor associated with investing in Nusa Konstruksi Enjiniring.
Regressed Prices |
| Timeline |
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Nusa Konstruksi financial ratios help investors to determine whether Nusa 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 Nusa with respect to the benefits of owning Nusa Konstruksi security.