Indonesia Fibreboard (Indonesia) Market Value
| IFII Stock | IDR 202.00 2.00 1.00% |
| Symbol | Indonesia |
Indonesia Fibreboard '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 Indonesia Fibreboard'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 Indonesia Fibreboard.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Indonesia Fibreboard on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Indonesia Fibreboard Industry or generate 0.0% return on investment in Indonesia Fibreboard over 30 days. Indonesia Fibreboard is related to or competes with Gunung Raja, Satyamitra Kemas, Ifishdeco, Saraswanti Anugerah, and Putra Mandiri. PT Indonesia Fibreboard Industry Tbk manufactures and sells wood products in Indonesia, the Middle East, Japan, Korea, C... More
Indonesia Fibreboard 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 Indonesia Fibreboard'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 Indonesia Fibreboard Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0107 | |||
| Maximum Drawdown | 15.29 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.09 |
Indonesia Fibreboard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indonesia Fibreboard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indonesia Fibreboard's standard deviation. In reality, there are many statistical measures that can use Indonesia Fibreboard historical prices to predict the future Indonesia Fibreboard's volatility.| Risk Adjusted Performance | 0.066 | |||
| Jensen Alpha | 0.1607 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | (1.71) |
Indonesia Fibreboard Backtested Returns
As of now, Indonesia Stock is very steady. Indonesia Fibreboard holds Efficiency (Sharpe) Ratio of 0.0876, which attests that the entity had a 0.0876% return per unit of risk over the last 3 months. We have found thirty technical indicators for Indonesia Fibreboard, which you can use to evaluate the volatility of the firm. Please check out Indonesia Fibreboard's Downside Deviation of 2.96, risk adjusted performance of 0.066, and Market Risk Adjusted Performance of (1.70) to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Indonesia Fibreboard has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0875, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indonesia Fibreboard are expected to decrease at a much lower rate. During the bear market, Indonesia Fibreboard is likely to outperform the market. Indonesia Fibreboard right now retains a risk of 2.07%. Please check out Indonesia Fibreboard semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Indonesia Fibreboard will be following its current trending patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Indonesia Fibreboard Industry has weak reverse predictability. Overlapping area represents the amount of predictability between Indonesia Fibreboard time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Indonesia Fibreboard price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Indonesia Fibreboard price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 13.16 |
Indonesia Fibreboard lagged returns against current returns
Autocorrelation, which is Indonesia Fibreboard 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 Indonesia Fibreboard's stock expected returns. We can calculate the autocorrelation of Indonesia Fibreboard returns to help us make a trade decision. For example, suppose you find that Indonesia Fibreboard 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 |
Indonesia Fibreboard 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 Indonesia Fibreboard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indonesia Fibreboard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indonesia Fibreboard stock over time.
Current vs Lagged Prices |
| Timeline |
Indonesia Fibreboard Lagged Returns
When evaluating Indonesia Fibreboard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indonesia Fibreboard stock have on its future price. Indonesia Fibreboard 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, Indonesia Fibreboard autocorrelation shows the relationship between Indonesia Fibreboard stock current value and its past values and can show if there is a momentum factor associated with investing in Indonesia Fibreboard Industry.
Regressed Prices |
| Timeline |
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Indonesia Fibreboard financial ratios help investors to determine whether Indonesia 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 Indonesia with respect to the benefits of owning Indonesia Fibreboard security.