PT Hasnur (Indonesia) Market Value
| HAIS Stock | 216.00 2.00 0.92% |
| Symbol | HAIS |
PT Hasnur '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 Hasnur'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 Hasnur.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in PT Hasnur on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding PT Hasnur Internasional or generate 0.0% return on investment in PT Hasnur over 30 days. PT Hasnur is related to or competes with PAM Mineral, Pelayaran Nelly, Bintang Samudera, Trans Power, and GTS Internasional. More
PT Hasnur 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 Hasnur'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 Hasnur Internasional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.87 |
PT Hasnur Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT Hasnur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT Hasnur's standard deviation. In reality, there are many statistical measures that can use PT Hasnur historical prices to predict the future PT Hasnur's volatility.| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | 0.0263 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.01) |
PT Hasnur Internasional Backtested Returns
As of now, HAIS Stock is very steady. PT Hasnur Internasional retains Efficiency (Sharpe Ratio) of 0.0076, which implies the firm had a 0.0076% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for PT Hasnur, which you can use to evaluate the volatility of the company. Please check PT Hasnur's market risk adjusted performance of 0.0029, and Standard Deviation of 1.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.0119%. The company owns a Beta (Systematic Risk) of -0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT Hasnur are expected to decrease at a much lower rate. During the bear market, PT Hasnur is likely to outperform the market. PT Hasnur Internasional at this moment owns a risk of 1.57%. Please check PT Hasnur Internasional downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if PT Hasnur Internasional will be following its current price history.
Auto-correlation | 0.16 |
Very weak predictability
PT Hasnur Internasional has very weak predictability. Overlapping area represents the amount of predictability between PT Hasnur time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Hasnur Internasional price movement. The serial correlation of 0.16 indicates that over 16.0% of current PT Hasnur price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 3.11 |
PT Hasnur Internasional lagged returns against current returns
Autocorrelation, which is PT Hasnur 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 Hasnur's stock expected returns. We can calculate the autocorrelation of PT Hasnur returns to help us make a trade decision. For example, suppose you find that PT Hasnur 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 Hasnur 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 Hasnur stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT Hasnur stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT Hasnur stock over time.
Current vs Lagged Prices |
| Timeline |
PT Hasnur Lagged Returns
When evaluating PT Hasnur's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT Hasnur stock have on its future price. PT Hasnur 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 Hasnur autocorrelation shows the relationship between PT Hasnur stock current value and its past values and can show if there is a momentum factor associated with investing in PT Hasnur Internasional.
Regressed Prices |
| Timeline |
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PT Hasnur financial ratios help investors to determine whether HAIS 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 HAIS with respect to the benefits of owning PT Hasnur security.