Ifishdeco (Indonesia) Market Value
| IFSH Stock | IDR 770.00 30.00 3.75% |
| Symbol | Ifishdeco |
Ifishdeco '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 Ifishdeco'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 Ifishdeco.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ifishdeco on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ifishdeco PT or generate 0.0% return on investment in Ifishdeco over 180 days. Ifishdeco is related to or competes with Gunung Raja, Cita Mineral, Central Omega, Indonesia Fibreboard, and Saraswanti Anugerah. PT Ifishdeco Tbk engages in the exploration and development of nickel ore properties More
Ifishdeco 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 Ifishdeco'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 Ifishdeco PT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 28.55 | |||
| Value At Risk | (5.92) | |||
| Potential Upside | 6.39 |
Ifishdeco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ifishdeco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ifishdeco's standard deviation. In reality, there are many statistical measures that can use Ifishdeco historical prices to predict the future Ifishdeco's volatility.| Risk Adjusted Performance | 0.0104 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0028 |
Ifishdeco PT Backtested Returns
As of now, Ifishdeco Stock is very steady. Ifishdeco PT holds Efficiency (Sharpe) Ratio of 0.017, which attests that the entity had a 0.017% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ifishdeco PT, which you can use to evaluate the volatility of the firm. Please check out Ifishdeco's Risk Adjusted Performance of 0.0104, downside deviation of 3.66, and Market Risk Adjusted Performance of 0.0128 to validate if the risk estimate we provide is consistent with the expected return of 0.0694%. Ifishdeco has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.86, which attests to possible diversification benefits within a given portfolio. Ifishdeco returns are very sensitive to returns on the market. As the market goes up or down, Ifishdeco is expected to follow. Ifishdeco PT right now retains a risk of 4.1%. Please check out Ifishdeco coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Ifishdeco will be following its current trending patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Ifishdeco PT has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ifishdeco time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Ifishdeco PT price movement. The serial correlation of -0.19 indicates that over 19.0% of current Ifishdeco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 16.1 K |
Ifishdeco PT lagged returns against current returns
Autocorrelation, which is Ifishdeco 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 Ifishdeco's stock expected returns. We can calculate the autocorrelation of Ifishdeco returns to help us make a trade decision. For example, suppose you find that Ifishdeco 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 |
Ifishdeco 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 Ifishdeco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ifishdeco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ifishdeco stock over time.
Current vs Lagged Prices |
| Timeline |
Ifishdeco Lagged Returns
When evaluating Ifishdeco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ifishdeco stock have on its future price. Ifishdeco 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, Ifishdeco autocorrelation shows the relationship between Ifishdeco stock current value and its past values and can show if there is a momentum factor associated with investing in Ifishdeco PT.
Regressed Prices |
| Timeline |
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Ifishdeco financial ratios help investors to determine whether Ifishdeco 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 Ifishdeco with respect to the benefits of owning Ifishdeco security.