Impack Pratama (Indonesia) Market Value
| IMPC Stock | IDR 340.00 2.00 0.59% |
| Symbol | Impack |
Impack Pratama '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 Impack Pratama'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 Impack Pratama.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Impack Pratama on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Impack Pratama Industri or generate 0.0% return on investment in Impack Pratama over 180 days. Impack Pratama is related to or competes with Kedaung Indah, Langgeng Makmur, Kabelindo Murni, Mustika Ratu, and Champion Pacific. More
Impack Pratama 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 Impack Pratama'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 Impack Pratama Industri upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 1.82 |
Impack Pratama Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impack Pratama's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impack Pratama's standard deviation. In reality, there are many statistical measures that can use Impack Pratama historical prices to predict the future Impack Pratama's volatility.| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | 0.0255 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Impack Pratama Industri Backtested Returns
As of now, Impack Stock is very steady. Impack Pratama Industri holds Efficiency (Sharpe) Ratio of 0.0019, which attests that the entity had a 0.0019% return per unit of risk over the last 3 months. We have found thirty technical indicators for Impack Pratama Industri, which you can use to evaluate the volatility of the firm. Please check out Impack Pratama's Risk Adjusted Performance of 0.0109, market risk adjusted performance of 0.0012, and Downside Deviation of 2.64 to validate if the risk estimate we provide is consistent with the expected return of 0.0029%. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Impack Pratama are expected to decrease at a much lower rate. During the bear market, Impack Pratama is likely to outperform the market. Impack Pratama Industri right now retains a risk of 1.55%. Please check out Impack Pratama jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Impack Pratama will be following its current trending patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Impack Pratama Industri has insignificant reverse predictability. Overlapping area represents the amount of predictability between Impack Pratama time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Impack Pratama Industri price movement. The serial correlation of -0.2 indicates that over 20.0% of current Impack Pratama price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 93.36 |
Impack Pratama Industri lagged returns against current returns
Autocorrelation, which is Impack Pratama 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 Impack Pratama's stock expected returns. We can calculate the autocorrelation of Impack Pratama returns to help us make a trade decision. For example, suppose you find that Impack Pratama 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 |
Impack Pratama 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 Impack Pratama stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impack Pratama stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impack Pratama stock over time.
Current vs Lagged Prices |
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Impack Pratama Lagged Returns
When evaluating Impack Pratama's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impack Pratama stock have on its future price. Impack Pratama 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, Impack Pratama autocorrelation shows the relationship between Impack Pratama stock current value and its past values and can show if there is a momentum factor associated with investing in Impack Pratama Industri.
Regressed Prices |
| Timeline |
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Impack Pratama financial ratios help investors to determine whether Impack 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 Impack with respect to the benefits of owning Impack Pratama security.