Island Concepts (Indonesia) Market Value
| ICON Stock | IDR 34.00 1.00 2.86% |
| Symbol | Island |
Island Concepts '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 Island Concepts' 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 Island Concepts.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Island Concepts on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Island Concepts Indonesia or generate 0.0% return on investment in Island Concepts over 90 days. Island Concepts is related to or competes with Indonesian Paradise, Inter Delta, Jakarta Setiabudi, Fast Food, and Bayu Buana. PT Island Concepts Indonesia Tbk. engages in the development and rental of properties in Indonesia More
Island Concepts 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 Island Concepts' 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 Island Concepts Indonesia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.66 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.56 |
Island Concepts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Island Concepts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Island Concepts' standard deviation. In reality, there are many statistical measures that can use Island Concepts historical prices to predict the future Island Concepts' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (1.63) |
Island Concepts Indonesia Backtested Returns
Island Concepts Indonesia holds Efficiency (Sharpe) Ratio of -0.0689, which attests that the entity had a -0.0689% return per unit of risk over the last 3 months. Island Concepts Indonesia exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Island Concepts' Standard Deviation of 2.65, market risk adjusted performance of (1.62), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Island Concepts' returns are expected to increase less than the market. However, during the bear market, the loss of holding Island Concepts is expected to be smaller as well. At this point, Island Concepts Indonesia has a negative expected return of -0.18%. Please make sure to check out Island Concepts' information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Island Concepts Indonesia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Island Concepts Indonesia has good predictability. Overlapping area represents the amount of predictability between Island Concepts time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 Island Concepts Indonesia price movement. The serial correlation of 0.79 indicates that around 79.0% of current Island Concepts price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
Island Concepts Indonesia lagged returns against current returns
Autocorrelation, which is Island Concepts 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 Island Concepts' stock expected returns. We can calculate the autocorrelation of Island Concepts returns to help us make a trade decision. For example, suppose you find that Island Concepts 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 |
Island Concepts 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 Island Concepts stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Island Concepts stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Island Concepts stock over time.
Current vs Lagged Prices |
| Timeline |
Island Concepts Lagged Returns
When evaluating Island Concepts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Island Concepts stock have on its future price. Island Concepts 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, Island Concepts autocorrelation shows the relationship between Island Concepts stock current value and its past values and can show if there is a momentum factor associated with investing in Island Concepts Indonesia.
Regressed Prices |
| Timeline |
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Island Concepts financial ratios help investors to determine whether Island 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 Island with respect to the benefits of owning Island Concepts security.