INDO ACIDATAMA (Germany) Market Value
| IA5 Stock | EUR 0 0.00 0.00% |
| Symbol | INDO |
INDO ACIDATAMA '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 INDO ACIDATAMA'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 INDO ACIDATAMA.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in INDO ACIDATAMA on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding INDO ACIDATAMA or generate 0.0% return on investment in INDO ACIDATAMA over 720 days. INDO ACIDATAMA is related to or competes with Major Drilling, URBAN OUTFITTERS, Compugroup Medical, Infrastrutture Wireless, and Merit Medical. More
INDO ACIDATAMA 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 INDO ACIDATAMA'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 INDO ACIDATAMA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 45.0 |
INDO ACIDATAMA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INDO ACIDATAMA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INDO ACIDATAMA's standard deviation. In reality, there are many statistical measures that can use INDO ACIDATAMA historical prices to predict the future INDO ACIDATAMA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (0.07) |
INDO ACIDATAMA Backtested Returns
At this point, INDO ACIDATAMA is out of control. INDO ACIDATAMA holds Efficiency (Sharpe) Ratio of 0.0202, which attests that the entity had a 0.0202 % return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for INDO ACIDATAMA, which you can use to evaluate the volatility of the firm. Please check out INDO ACIDATAMA's Market Risk Adjusted Performance of (0.06), risk adjusted performance of (0.01), and Coefficient Of Variation of (4,051) to validate if the risk estimate we provide is consistent with the expected return of 0.0847%. INDO ACIDATAMA has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 2.25, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, INDO ACIDATAMA will likely underperform. INDO ACIDATAMA now retains a risk of 4.2%. Please check out INDO ACIDATAMA coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if INDO ACIDATAMA will be following its current trending patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
INDO ACIDATAMA has weak reverse predictability. Overlapping area represents the amount of predictability between INDO ACIDATAMA time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of INDO ACIDATAMA price movement. The serial correlation of -0.21 indicates that over 21.0% of current INDO ACIDATAMA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
INDO ACIDATAMA lagged returns against current returns
Autocorrelation, which is INDO ACIDATAMA 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 INDO ACIDATAMA's stock expected returns. We can calculate the autocorrelation of INDO ACIDATAMA returns to help us make a trade decision. For example, suppose you find that INDO ACIDATAMA 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 |
INDO ACIDATAMA 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 INDO ACIDATAMA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INDO ACIDATAMA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INDO ACIDATAMA stock over time.
Current vs Lagged Prices |
| Timeline |
INDO ACIDATAMA Lagged Returns
When evaluating INDO ACIDATAMA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INDO ACIDATAMA stock have on its future price. INDO ACIDATAMA 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, INDO ACIDATAMA autocorrelation shows the relationship between INDO ACIDATAMA stock current value and its past values and can show if there is a momentum factor associated with investing in INDO ACIDATAMA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in INDO Stock
INDO ACIDATAMA financial ratios help investors to determine whether INDO 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 INDO with respect to the benefits of owning INDO ACIDATAMA security.