Puradelta Lestari (Indonesia) Market Value
| DMAS Stock | IDR 160.00 1.00 0.63% |
| Symbol | Puradelta |
Puradelta Lestari '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 Puradelta Lestari'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 Puradelta Lestari.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Puradelta Lestari on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Puradelta Lestari PT or generate 0.0% return on investment in Puradelta Lestari over 90 days. Puradelta Lestari is related to or competes with Pakuwon Jati, Sido Muncul, Bekasi Fajar, Bank Pembangunan, and PT Sarana. PT Puradelta Lestari Tbk engages in the real estate development business in Indonesia More
Puradelta Lestari 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 Puradelta Lestari'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 Puradelta Lestari PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8146 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.25 |
Puradelta Lestari Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Puradelta Lestari's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puradelta Lestari's standard deviation. In reality, there are many statistical measures that can use Puradelta Lestari historical prices to predict the future Puradelta Lestari's volatility.| Risk Adjusted Performance | 0.0124 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.03) |
Puradelta Lestari Backtested Returns
Puradelta Lestari maintains Sharpe Ratio (i.e., Efficiency) of -0.0498, which implies the firm had a -0.0498% return per unit of risk over the last 3 months. Puradelta Lestari exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Puradelta Lestari's Coefficient Of Variation of 6142.32, semi deviation of 0.626, and Risk Adjusted Performance of 0.0124 to confirm the risk estimate we provide. The company holds a Beta of -0.0823, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Puradelta Lestari are expected to decrease at a much lower rate. During the bear market, Puradelta Lestari is likely to outperform the market. At this point, Puradelta Lestari has a negative expected return of -0.0365%. Please make sure to check Puradelta Lestari's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Puradelta Lestari performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Puradelta Lestari PT has good predictability. Overlapping area represents the amount of predictability between Puradelta Lestari time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Puradelta Lestari price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Puradelta Lestari price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 2.43 |
Puradelta Lestari lagged returns against current returns
Autocorrelation, which is Puradelta Lestari 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 Puradelta Lestari's stock expected returns. We can calculate the autocorrelation of Puradelta Lestari returns to help us make a trade decision. For example, suppose you find that Puradelta Lestari 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 |
Puradelta Lestari 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 Puradelta Lestari stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puradelta Lestari stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puradelta Lestari stock over time.
Current vs Lagged Prices |
| Timeline |
Puradelta Lestari Lagged Returns
When evaluating Puradelta Lestari's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puradelta Lestari stock have on its future price. Puradelta Lestari 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, Puradelta Lestari autocorrelation shows the relationship between Puradelta Lestari stock current value and its past values and can show if there is a momentum factor associated with investing in Puradelta Lestari PT.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Puradelta Stock
Puradelta Lestari financial ratios help investors to determine whether Puradelta 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 Puradelta with respect to the benefits of owning Puradelta Lestari security.