Intikeramik Alamasri (Indonesia) Market Value
| IKAI Stock | IDR 11.00 1.00 10.00% |
| Symbol | Intikeramik |
Intikeramik Alamasri '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 Intikeramik Alamasri'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 Intikeramik Alamasri.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Intikeramik Alamasri on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Intikeramik Alamasri Industri or generate 0.0% return on investment in Intikeramik Alamasri over 30 days. Intikeramik Alamasri is related to or competes with Intanwijaya Internasional, Champion Pacific, Indal Aluminium, Eterindo Wahanatama, and Budi Starch. PT Intikeramik Alamasri Industri Tbk, together with its subsidiaries, manufactures, distributes, and sells porcelain til... More
Intikeramik Alamasri 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 Intikeramik Alamasri'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 Intikeramik Alamasri Industri upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Intikeramik Alamasri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intikeramik Alamasri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intikeramik Alamasri's standard deviation. In reality, there are many statistical measures that can use Intikeramik Alamasri historical prices to predict the future Intikeramik Alamasri's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 1.98 |
Intikeramik Alamasri Backtested Returns
Intikeramik Alamasri holds Efficiency (Sharpe) Ratio of -0.0808, which attests that the entity had a -0.0808% return per unit of risk over the last 3 months. Intikeramik Alamasri exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intikeramik Alamasri's Market Risk Adjusted Performance of 1.99, standard deviation of 6.21, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0934, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intikeramik Alamasri are expected to decrease at a much lower rate. During the bear market, Intikeramik Alamasri is likely to outperform the market. At this point, Intikeramik Alamasri has a negative expected return of -0.49%. Please make sure to check out Intikeramik Alamasri's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Intikeramik Alamasri performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Intikeramik Alamasri Industri has insignificant predictability. Overlapping area represents the amount of predictability between Intikeramik Alamasri time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Intikeramik Alamasri price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Intikeramik Alamasri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Intikeramik Alamasri lagged returns against current returns
Autocorrelation, which is Intikeramik Alamasri 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 Intikeramik Alamasri's stock expected returns. We can calculate the autocorrelation of Intikeramik Alamasri returns to help us make a trade decision. For example, suppose you find that Intikeramik Alamasri 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 |
Intikeramik Alamasri 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 Intikeramik Alamasri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intikeramik Alamasri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intikeramik Alamasri stock over time.
Current vs Lagged Prices |
| Timeline |
Intikeramik Alamasri Lagged Returns
When evaluating Intikeramik Alamasri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intikeramik Alamasri stock have on its future price. Intikeramik Alamasri 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, Intikeramik Alamasri autocorrelation shows the relationship between Intikeramik Alamasri stock current value and its past values and can show if there is a momentum factor associated with investing in Intikeramik Alamasri Industri.
Regressed Prices |
| Timeline |
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Intikeramik Alamasri financial ratios help investors to determine whether Intikeramik 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 Intikeramik with respect to the benefits of owning Intikeramik Alamasri security.