PT Jaya (Indonesia) Market Value
| DUCK Stock | IDR 176.00 0.00 0.00% |
| Symbol | DUCK |
PT Jaya '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 Jaya'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 Jaya.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in PT Jaya on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding PT Jaya Bersama or generate 0.0% return on investment in PT Jaya over 30 days. PT Jaya is related to or competes with Prima Alloy, Trinitan Metals, Alumindo Light, Metro Healthcare, Ace Hardware, Garuda Metalindo, and PT Boston. PT Jaya Bersama Indo Tbk, together with its subsidiaries, operates various Chinese restaurants in Indonesia More
PT Jaya 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 Jaya'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 Jaya Bersama upside and downside potential and time the market with a certain degree of confidence.
PT Jaya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Jaya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Jaya's standard deviation. In reality, there are many statistical measures that can use PT Jaya historical prices to predict the future PT Jaya's volatility.PT Jaya Bersama Backtested Returns
We have found three technical indicators for PT Jaya, which you can use to evaluate the volatility of the company. The company owns a Beta (Systematic Risk) of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PT Jaya are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
PT Jaya Bersama has no correlation between past and present. Overlapping area represents the amount of predictability between PT Jaya time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 PT Jaya Bersama price movement. The serial correlation of 0.0 indicates that just 0.0% of current PT Jaya price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PT Jaya Bersama lagged returns against current returns
Autocorrelation, which is PT Jaya 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 Jaya's stock expected returns. We can calculate the autocorrelation of PT Jaya returns to help us make a trade decision. For example, suppose you find that PT Jaya 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 Jaya 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 Jaya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Jaya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Jaya stock over time.
Current vs Lagged Prices |
| Timeline |
PT Jaya Lagged Returns
When evaluating PT Jaya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Jaya stock have on its future price. PT Jaya 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 Jaya autocorrelation shows the relationship between PT Jaya stock current value and its past values and can show if there is a momentum factor associated with investing in PT Jaya Bersama.
Regressed Prices |
| Timeline |
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PT Jaya financial ratios help investors to determine whether DUCK 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 DUCK with respect to the benefits of owning PT Jaya security.