Aksara Global (Indonesia) Market Value
| GAMA Stock | IDR 18.00 0.00 0.00% |
| Symbol | Aksara |
Aksara Global '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 Aksara Global'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 Aksara Global.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Aksara Global on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Aksara Global Development or generate 0.0% return on investment in Aksara Global over 540 days. Aksara Global is related to or competes with Greenwood Sejahtera, Perdana Gapura, Bekasi Asri, Megapolitan Developments, and Duta Anggada. More
Aksara Global 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 Aksara Global'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 Aksara Global Development upside and downside potential and time the market with a certain degree of confidence.
Aksara Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aksara Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aksara Global's standard deviation. In reality, there are many statistical measures that can use Aksara Global historical prices to predict the future Aksara Global's volatility.Aksara Global Development Backtested Returns
We have found three technical indicators for Aksara Global Development, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Aksara Global are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Aksara Global Development has no correlation between past and present. Overlapping area represents the amount of predictability between Aksara Global time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Aksara Global Development price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aksara Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aksara Global Development lagged returns against current returns
Autocorrelation, which is Aksara Global 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 Aksara Global's stock expected returns. We can calculate the autocorrelation of Aksara Global returns to help us make a trade decision. For example, suppose you find that Aksara Global 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 |
Aksara Global 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 Aksara Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aksara Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aksara Global stock over time.
Current vs Lagged Prices |
| Timeline |
Aksara Global Lagged Returns
When evaluating Aksara Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aksara Global stock have on its future price. Aksara Global 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, Aksara Global autocorrelation shows the relationship between Aksara Global stock current value and its past values and can show if there is a momentum factor associated with investing in Aksara Global Development.
Regressed Prices |
| Timeline |
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Aksara Global financial ratios help investors to determine whether Aksara 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 Aksara with respect to the benefits of owning Aksara Global security.